725 Hawthorn Rd, New Castle, IN, 47362 | 4.52% Rental Yield

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725 Hawthorn Rd, New Castle, IN, 47362 | 4.52% Rental Yield | 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 725 Hawthorn Rd, New Castle, IN, 47362 with 5% annual appreciation on a $295,000 basis while $1,110/mo rent supports operations. 8% in year one. Equity gained on principal adds $1,904/yr, and five-year appreciation sums $81,503 alongside rental yield of 4.52%. Five-year ROI measures 59.16% and total cumulative return in cash totals $57,854. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,110/mo property income versus a $1,444/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1949

1 Acres lot

$N/A/sqft

No HOA

More details about the property

C. 1949 hemicycle Mid-Century Modern. This home features a distinctive semicircular floor plan with a focus on natural materials, open spaces, and integration with the surrounding landscape. Offering 2,776 SF and situated on a wooded 1 acre lot in New Castle, IN, this home features 2 bedrooms, 3 full bathrooms, open floor plan, natural light, and original built-ins throughout. The kitchen has been thoughtfully restored with period specific cabinetry and countertops. The outdoor space features a large front yard, mature trees, and landscaping. The back patio offers an incredible entertaining space and features brick pathways accented by Japanese Maples and natural stones throughout the garden. The Scott B. Chambers home was designed by the prominent Swanson Associates Architects of Bloomfield Hills, Michigan. Swanson associates was founded by J. Robert F. Swanson and his wife, Pipsan Saarinen Swanson. In 1947, Bob and Pipsan started their own firm, Swanson Associates, the first U.S. architecture firm that also offered interior design. Their designs were characterized by a blend of modernism and sophisticated design, both inside and out that often incorporated maximizing square footage on a small footprint, flat roofs and clean lines. Original architectural designs for the home, both interior and landscaping, are available to view during a private showing. Home will be sold with an as-is addendum in place. Seller may be willing to consider reasonable repair requests if any repairs are needed. Complete list of recent updates are available upon request.