Bristol Plan, The Preserve at Northfield Village, New Castle, IN, 47362 | 6.27% Rental Yield

For Sale

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NMLS #2625701

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9223 E State Road 38, New Castle, IN, 47362

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

Rental property for sale in New Castle at Bristol Plan, The Preserve at Northfield Village, New Castle, IN, 47362 priced at $304,490 pairs $1,590/mo rent with after a $1,490/mo payment. Total monthly income equals $1,590/mo. Return on cash invested is 17.09% in year one, and rental yield stands at 6.27% on a $304,490 basis. Equity gained on principal adds $1,965/yr, and 5% annual appreciation accumulates to $84,125 by year five. Five-year ROI measures 87.48% and total cumulative return in cash reaches $88,302. For financing, Ziffy Mortgage’s DSCR program evaluates $1,590/mo property income against a $1,490/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA