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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% |
Investment property for sale in New Castle at 438 Bundy Ave, New Castle, IN, 47362 at $109,900 posts ROI 25.81% with $179/mo cash flow from $839/mo rent. Total monthly income equals $839/mo, and annual cash flow records $2,150/yr on $36,432 to close. Return on cash invested measures 25.81% and rental yield reads 9.16% at the current $109,900. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 by year five. Five-year ROI prints 134.37% and total cumulative return in cash totals $48,952.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $839/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-08-26 | Listing removed | N/A |
| 2024-08-18 | Listed for sale | $119,900 |
| 2024-08-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $890.00 | 26.31% | $108,000 | 20.67% |
| 2022-10-14 | $704.60 | -6.80% | $89,500 | 20.30% |
| 2021-10-14 | $756.00 | 2.02% | $74,400 | -0.53% |
Listed by: Michael Johnson • Vylla Home
Mls Name: IRMLS
Mls Provider:
Mls ID: #202423216
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.
