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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 522 N 24th St, New Castle, IN, 47362 earns $178/mo cash flow from $838/mo rent with a $538/mo payment. Total monthly income totals $838/mo, and annual cash flow totals $2,138/yr on $36,432 capital. ROI tracks 25.78% on current figures, and rental yield reads 9.15% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 134.2% and total cumulative return in cash sums $48,892. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $838/mo property income instead of your personal income.
Single Family
Built in 1938
3,484 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-22 | Listed for sale | $109,900 |
| 2025-03-22 | Pending sale | $109,900 |
| 2025-03-21 | Listed for sale | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-23 | $680.00 | 8.97% | $33,800 | -0.59% |
| 2023-03-23 | $624.00 | 1.63% | $34,000 | 8.97% |
| 2022-03-23 | $614.00 | 3.02% | $31,200 | 1.63% |
Listed by: Susan Neal • RE/MAX First Integrity
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509252
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.
