3255 S Greensboro Pike, New Castle, IN, 47362 | 4.6% Rental Yield

For Sale

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 3255 S Greensboro Pike, New Castle, IN, 47362 listed at $415,000 pairs $1,590/mo rent with a $2,031/mo payment. Total monthly income runs $1,590/mo. Return on cash invested measures 12.05% in year one, and rental yield registers 4.6% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 60.49% and total cumulative return in cash totals $83,217. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,590/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1940

1.96 Acres lot

$N/A/sqft

No HOA