720 Suzanne Ct, New Castle, IN, 47362 | $444/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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720 Suzanne Ct, New Castle, IN, 47362 | $444/mo Cash Flow | Ziffy

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 720 Suzanne Ct, New Castle, IN, 47362 listed at $309,900 pairs $2,304/mo rent with a $1,517/mo payment to leave $444/mo cash flow. Total monthly income runs $2,304/mo, and annual cash flow reaches $5,322/yr on $102,732 cash to close. Return on cash invested measures 25.09% in year one, and rental yield registers 8.92% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 130.39% and total cumulative return in cash totals $133,956. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,304/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1977

0.69 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this spacious brick ranch offering incredible living space and a versatile layout. This 3 or 4 bedroom home is situated on a beautifully landscaped lot, perfect for outdoor living with plenty of room for a firepit, recreation, and entertaining. A large driveway and inviting patio area add to the homes curb appeal and functionality. Inside, you'll find a welcoming living room, a formal dining room, and an eat-in kitchen featuring quartz countertops. A cozy family room with a wood-burning fireplace, and a flex space offers options for a 4th bedroom, home office, or playroom. The large primary bedroom includes a huge walk-in closet, and the updated bathroom and convenient washer/dryer hook-up. The home features newer flooring, a newer roof, and a full basement that is partially finished, providing additional space for recreation or storage. A massive 3+ car garage offers even more storage and workspace. Located in a desirable neighborhood, this home is a perfect blend of comfort, space, and practicality.