800 Hawthorn RdNew CastleIN47362
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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
Investment Highlights
Rental property for sale in New Castle at 800 Hawthorn Rd, New Castle, IN, 47362 offers $3,026/mo rent that, after a $3,208/mo payment. Total monthly income is $3,026/mo. Return on cash invested measures 15% in year one, and rental yield stands at 5.54% at a $655,400 entry. Equity gained on principal adds $4,229/yr while 5% annual appreciation compounds into $181,075 by year five. Five-year ROI records 76.27% and total cumulative return in cash reaches $164,453. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,026/mo property income versus a $3,208/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
2.90 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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