








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 70 Crescent Crk, New Castle, IN, 47362 offers a 10.35% rental yield on a $222,000 purchase with $1,915/mo rent. Total monthly income registers $1,915/mo, and a $1,087/mo payment leaves $454/mo available for distribution. Annual cash flow reaches $5,443/yr on $73,593 to close, and return on cash invested stands at 27.31% in year one. Equity gained on principal adds $1,433/yr while 5% annual appreciation supports $61,335 over five years. Portfolio math shows five-year ROI at 143.04% and total cumulative return in cash at $105,267. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,915/mo property income against a $1,087/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
3,049 sqft lot
$N/A/sqft
$125 monthly HOA
Date | Event | Price |
|---|---|---|
| 2024-12-11 | Sold | $222,000 |
| 2024-11-02 | Pending sale | $224,900 |
| 2024-11-01 | Price change | $224,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1882.00 | 16.82% | $195,500 | 3.88% |
| 2023-10-22 | $1611.00 | 17.08% | $188,200 | 16.82% |
| 2022-10-22 | $1376.00 | 4.08% | $161,100 | 17.08% |



What's Special
Pull Down Stairs
Listed by: Daniel Kinnaird • RE/MAX First Integrity
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438031
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.