Cleveland Plan, The Preserve at Northfield Village, New Castle, IN, 47362 | $489/mo Cash Flow

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 Cleveland Plan, The Preserve at Northfield Village, New Castle, IN, 47362 uses $103,590 cash to close to unlock $5,864/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $2,364/mo, and a $1,529/mo payment keeps the spread at $489/mo. Purchase price stands at $312,490, and rental yield measures 9.08% with $2,364/mo rent. Return on cash invested shows 25.57% in year one, and 5% annual appreciation builds toward $86,335 over five years. Five-year ROI reaches 132.96% and total cumulative return in cash records $137,733. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,364/mo property income covering a $1,529/mo payment rather than investor’s personal income.

Single Family

Built in 2026

N/A lot

$N/A/sqft

No HOA