520 Hawthorn Rd, New Castle, IN, 47362 | $196/mo Cash Flow

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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1601 E Ave, New Castle, IN, 47362

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

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Investment Highlights

Investment property for sale in New Castle at 520 Hawthorn Rd, New Castle, IN, 47362 at $229,900 posts ROI 23% with $196/mo cash flow from $1,576/mo rent. Total monthly income equals $1,576/mo, and annual cash flow records $2,354/yr on $76,212 to close. Return on cash invested measures 23% and rental yield reads 8.23% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 119.19% and total cumulative return in cash totals $90,839.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,576/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1950

0.26 Acres lot

$N/A/sqft

No HOA