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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% |
Rental property for sale in New Castle at 410 N Walnut St, New Castle, IN, 47362 priced at $169,900 pairs $1,550/mo rent with $530/mo cash flow after a $832/mo payment. Total monthly income equals $1,550/mo, and annual cash flow comes to $6,356/yr on $56,322 invested. Return on cash invested is 31.19% in year one, and rental yield stands at 10.95% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 163.14% and total cumulative return in cash reaches $91,886. For financing, Ziffy Mortgage’s DSCR program evaluates $1,550/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.79 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-12 | Listed for sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-13 | $949.28 | -1.10% | $132,800 | 13.12% |
| 2023-03-13 | $959.86 | 30.93% | $117,400 | 4.92% |
| 2022-03-13 | $733.10 | 0.29% | $111,900 | 16.20% |
Listed by: Julia Hoffman • Legacy Real Estate Partners, Inc
Mls Name: RLMS
Mls Provider:
Mls ID: #10050524
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.
