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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Castle at 3108 E Brown Rd, New Castle, IN, 47362 listed at $175,000 pairs $1,493/mo rent with a $857/mo payment to leave $442/mo cash flow. Total monthly income runs $1,493/mo, and annual cash flow reaches $5,304/yr on $58,013 cash to close. Return on cash invested measures 29.05% in year one, and rental yield registers 10.24% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 151.7% and total cumulative return in cash totals $88,003. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,493/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
8,712 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Daniel Kinnaird • RE/MAX First Integrity
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22071601
