3610 Red River Rd, New Castle, IN, 47362 | 5.76% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3610 Red River Rd, New Castle, IN, 47362 | 5.76% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1125 sft

519 E 8th St, Rushville, IN, 46173

Rental Income+ 1 more

9 Bed
5 Bath
- sft

5567 E Us Highway 40, Greenfield, IN, 46140

4 Bed
2 Bath
2576 sft

206 Cherry St, Dunreith, IN, 47337

3 Bed
2 Bath
2681 sft

1129 N Main St, Rushville, IN, 46173

Nearby investment properties with comparable prices

3 Bed
2 Bath
1968 sft

2510 E 300 N, Greenfield, IN, 46140

4 Bed
3 Bath
1924 sft

5574 Arrowhead Dr, Greenfield, IN, 46140

4 Bed
3 Bath
3556 sft

151 S Madison St, Knightstown, IN, 46148

5 Bed
3 Bath
3454 sft

1347 King Maple Dr, Greenfield, IN, 46140

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Castle at 3610 Red River Rd, New Castle, IN, 47362 listed at $325,000 pairs $1,560/mo rent with a $1,591/mo payment. Total monthly income runs $1,560/mo. Return on cash invested measures 15.55% in year one, and rental yield registers 5.76% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 79.24% and total cumulative return in cash totals $85,369. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1977

0.41 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home! Located in a fantastic neighborhood, this beautifully remodeled 4-bedroom, 3-bathroom residence boasts 2,343 square feet of living space and feels brand new. As you step through the front door, you're greeted by a spacious sunken living room. Just beyond, the formal dining room flows effortlessly into the stunning brand-new kitchen. Featuring granite countertops, ample cabinetry, and brand new stainless steel appliances, you'll love this space. The kitchen opens up to a large family room, complete with a cozy fireplace, creating the perfect ambiance for gatherings. Sliding doors lead you to the backyard, extending your living space outdoors for summer barbecues and family fun. On one side of the family room, you'll find a fourth bedroom with convenient access to a full bathroom, ideal for guests or as a private office. On the opposite side of the home is the master bedroom with a full bathroom and his and her closets. Two additional well-sized bedrooms and another full bathroom featuring a relaxing jacuzzi tub complete this side of the home, ensuring comfort and convenience for everyone. Additional highlights include an attached two-car garage, a great yard, new paint, new flooring, and more!