320 S 18th St, New Castle, IN, 47362 | $173/mo Cash Flow

For Sale

Fix & Flip

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in New Castle at 320 S 18th St, New Castle, IN, 47362 listed at $105,900 pairs $808/mo rent with a $518/mo payment to leave $173/mo cash flow. Total monthly income runs $808/mo, and annual cash flow reaches $2,071/yr on $35,106 cash to close. Return on cash invested measures 25.81% in year one, and rental yield registers 9.16% at a $105,900 basis. Equity gained on principal adds $683/yr, and annual property appreciation at 5% supports $29,258 by year five. Five-year ROI tracks 134.29% and total cumulative return in cash totals $47,144. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $808/mo property income relative to a $518/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1900

5,662 sqft lot

$N/A/sqft

No HOA