








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 630 S 11th St, New Castle, IN, 47362 listed at $199,900 pairs $1,687/mo rent with a $978/mo payment to leave $487/mo cash flow. Total monthly income runs $1,687/mo, and annual cash flow reaches $5,849/yr on $66,267 cash to close. Return on cash invested measures 28.74% in year one, and rental yield registers 10.13% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 149.96% and total cumulative return in cash totals $99,373. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,687/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
5,488 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-16 | Price change | $199,900 |
| 2025-07-25 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-18 | $1099.00 | 17.79% | $114,800 | 4.46% |
| 2023-09-18 | $933.00 | 20.39% | $109,900 | 17.79% |
| 2022-09-18 | $775.00 | 4.17% | $93,300 | 20.39% |



Listed by: Daniel Kinnaird • RE/MAX Integrity Real Estate
Mls Name: RLMS
Mls Provider:
Mls ID: #10052027
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