80 W County Road 400 N, New Castle, IN, 47362 | $660/mo Cash Flow

Off market

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1188 sft

4708 E Heritage Cir, Muncie, IN, 47303

2 Bed
2 Bath
960 sft

6408 W Taylor Rd, Muncie, IN, 47304

2 Bed
1 Bath
1128 sft

2753 S State Road 103, New Castle, IN, 47362

2 Bed
2 Bath
1956 sft

1223 S 21st St, New Castle, IN, 47362

Nearby investment properties with comparable prices

2 Bed
1 Bath
840 sft

2118 Vine St, New Castle, IN, 47362

3 Bed
2 Bath
1034 sft

2233 W 11th St, Muncie, IN, 47302

3 Bed
2 Bath
1456 sft

2409 S Elliott St, Muncie, IN, 47302

3 Bed
1 Bath
1046 sft

2102 Crystal St, Anderson, IN, 46012

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Castle at 80 W County Road 400 N, New Castle, IN, 47362 earns $660/mo cash flow from $1,542/mo rent with a $719/mo payment. Total monthly income totals $1,542/mo, and annual cash flow totals $7,921/yr on $48,731 capital. ROI tracks 36.16% on current figures, and rental yield reads 12.59% at a $147,000 purchase. Equity gained on principal adds $949/yr, and 5% annual appreciation supports $40,613 over five years. Five-year ROI reaches 189.86% and total cumulative return in cash sums $92,520. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,542/mo property income instead of your personal income.

Single Family

Built in 1900

3 Acres lot

$N/A/sqft

No HOA