








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in New Castle at 417 N 10th St, New Castle, IN, 47362 offers a 9.03% rental yield on a $109,900 purchase with $827/mo rent. Total monthly income registers $827/mo, and a $538/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,006/yr on $36,432 to close, and return on cash invested stands at 25.42% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 132.26% and total cumulative return in cash at $48,184. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $827/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Heather Clemmons • Starr Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22058630