








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 595 N Main St, New Castle, IN, 47362 uses $34,774 cash to close to unlock $4,125/yr annual cash flow and $344/mo monthly cash flow. Total monthly income runs $973/mo, and a $513/mo payment keeps the spread at $344/mo. Purchase price stands at $104,900, and rental yield measures 11.13% with $973/mo rent. Return on cash invested shows 31.77% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 166.24% and total cumulative return in cash records $57,810. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $973/mo property income covering a $513/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,013 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-16 | Listed for sale | $104,900 |
| 2025-04-01 | Listing removed | $74,900 |
| 2025-03-17 | Pending sale | $74,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-17 | $723.80 | 11.87% | $83,200 | 3.48% |
| 2023-09-17 | $647.00 | 7.65% | $80,400 | 28.23% |
| 2022-09-17 | $601.00 | 45.87% | $62,700 | 7.55% |



Listed by: Susan Falck-Neal • RE/MAX Integrity Real Estate
Mls Name: RLMS
Mls Provider:
Mls ID: #10052019
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