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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Castle at 944 S Main St, New Castle, IN, 47362 earns $270/mo cash flow from $1,110/mo rent with a $685/mo payment. Total monthly income totals $1,110/mo, and annual cash flow totals $3,239/yr on $46,377 capital. ROI tracks 26.89% on current figures, and rental yield reads 9.52% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 140.07% and total cumulative return in cash sums $64,959. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,110/mo property income instead of your personal income.
Single Family
Built in 1926
6,185 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gressa Riggs • F.C. Tucker/Crossroads Real Estate
Mls Name: IRMLS
Mls ID: #202534612
