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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 615 N Main St, New Castle, IN, 47362 earns $266/mo cash flow from $992/mo rent with a $592/mo payment. Total monthly income totals $992/mo, and annual cash flow totals $3,191/yr on $40,112 capital. ROI tracks 27.86% on current figures, and rental yield reads 9.84% at a $121,000 purchase. Equity gained on principal adds $781/yr, and 5% annual appreciation supports $33,430 over five years. Five-year ROI reaches 145.27% and total cumulative return in cash sums $58,269. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $992/mo property income instead of your personal income.
Single Family
Built in 1950
7,710 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Sold | $121,000 |
| 2025-05-20 | Pending sale | $128,500 |
| 2025-05-13 | Listed for sale | $128,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $702.34 | 37.16% | $81,600 | 3.82% |
| 2023-10-25 | $512.06 | 6.28% | $78,600 | 31.88% |
| 2022-10-25 | $481.80 | -3.58% | $59,600 | 7.78% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
