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% |
Rental property for sale in New Castle at 3385 E Us Highway 36, New Castle, IN, 47362 generates $1,776/mo in rent and, after a $1,419/mo payment, leaves $36/mo in cash flow. Total monthly income is $1,776/mo, and annual cash flow is $428/yr on $96,102 invested. Return on cash invested sits at 20.35% in year one, and rental yield is 7.35% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 104.99% and total cumulative return in cash sums $100,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,776/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
5.45 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-26 | Listed for sale | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $1911.12 | -3.71% | $182,200 | 12.12% |
| 2023-03-27 | $1984.68 | 18.50% | $162,500 | 0.87% |
| 2022-03-27 | $1674.86 | 3.73% | $161,100 | 16.32% |
Listed by: Krista Gibson • RE/MAX Integrity Real Estate
Mls Name: RLMS
Mls Provider:
Mls ID: #10050626
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.
