Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 318 N 23rd St, New Castle, IN, 47362 offers a 11.91% rental yield on a $129,000 purchase with $1,280/mo rent. Total monthly income registers $1,280/mo, and a $631/mo payment leaves $506/mo available for distribution. Annual cash flow reaches $6,072/yr on $42,764 to close, and return on cash invested stands at 34.11% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 178.86% and total cumulative return in cash at $76,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,280/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.27 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-01-09 | Sold | $129,000 |
| 2024-11-13 | Price change | $134,000 |
| 2024-10-19 | Price change | $144,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $692.00 | 10.90% | $34,400 | -0.58% |
| 2023-10-22 | $624.00 | 1.30% | $34,600 | 10.90% |
| 2022-10-22 | $616.00 | 2.33% | $31,200 | 1.30% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
