Stirling Plan, The Preserve at Northfield Village,New Castle,IN,47362

Investment Highlights

Rental property for sale in New Castle at Stirling Plan, The Preserve at Northfield Village, New Castle, IN, 47362 generates $2,778/mo in rent and, after a $1,845/mo payment, leaves $515/mo in cash flow. Total monthly income is $2,778/mo, and annual cash flow is $6,182/yr on $124,972 invested. Return on cash invested sits at 24.86% in year one, and rental yield is 8.84% on a $376,990 entry. Equity gained on principal adds $2,433/yr, while 5% annual appreciation builds toward $104,155 over five years. Five-year ROI reaches 129.15% and total cumulative return in cash sums $161,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,778/mo property income rather than buyer’s personal income.