711 S 11th St, New Castle, IN, 47362 | $426/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in New Castle at 711 S 11th St, New Castle, IN, 47362 listed at $237,000 pairs $1,849/mo rent with a $1,160/mo payment to leave $426/mo cash flow. Total monthly income runs $1,849/mo, and annual cash flow reaches $5,116/yr on $78,566 cash to close. Return on cash invested measures 26.42% in year one, and rental yield registers 9.36% at a $237,000 basis. Equity gained on principal adds $1,529/yr, and annual property appreciation at 5% supports $65,479 by year five. Five-year ROI tracks 137.57% and total cumulative return in cash totals $108,080. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,849/mo property income relative to a $1,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1900

6,534 sqft lot

$N/A/sqft

No HOA