Grant Plan, The Preserve at Northfield Village, New Castle, IN, 47362 | 3.79% Rental Yield

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

Rental property for sale in New Castle at Grant Plan, The Preserve at Northfield Village, New Castle, IN, 47362 priced at $351,490 converts $1,110/mo rent into after a $1,720/mo obligation. Total monthly income equals $1,110/mo. Return on cash invested prints 9.61% in year one, and rental yield reads 3.79% against a $351,490 entry. Equity gained on principal adds $2,268/yr, while 5% annual appreciation compiles into $97,110 by year five. Five-year ROI reaches 47.42% and total cumulative return in cash sums $55,250. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,110/mo property income covering a $1,720/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA