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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 318 S 25th St, New Castle, IN, 47362 uses $46,377 cash to close to unlock $2,999/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $1,090/mo, and a $685/mo payment keeps the spread at $250/mo. Purchase price stands at $139,900, and rental yield measures 9.35% with $1,090/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 137.3% and total cumulative return in cash records $63,675. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,090/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1958
5,227 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listed for sale | $139,900 |
| 2024-05-21 | Sold | $23,000 |
| 2024-05-06 | Pending sale | $29,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-29 | $488.78 | 5.11% | $55,500 | 1.46% |
| 2023-03-29 | $465.00 | 15.96% | $54,700 | 17.63% |
| 2022-03-29 | $401.00 | 3.08% | $46,500 | 15.96% |
Listed by: Brittany Cavanaugh-Stults • Epique Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510141
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
