Investment Properties for Sale in New Castle, CO
$ 370,000
ROI
20.4
Cash Flow/m
64- 2 Bed
- 2 Bath
- 1056 sft
348 River View Dr Unit 206, New Castle, CO, 81647
$ 349,999
ROI
21.3Cash Flow/m
147- 2 Bed
- 2 Bath
- 1056 sft
495 River View Dr Unit 1504, New Castle, CO, 81647
$ 595,000
ROI
20.8Cash Flow/m
124- 3 Bed
- 3 Bath
- 1573 sft
118 Redstone Dr, New Castle, CO, 81647
$ 354,900
ROI
21.0Cash Flow/m
118- 2 Bed
- 2 Bath
- 1056 sft
410 River View Dr Unit 305, New Castle, CO, 81647
Why Invest in New Castle, Colorado?
Investing in New Castle, CO offers potential for lucrative returns, especially for multifamily properties. With local averages showing a rental yield of approximately 6% and a steady appreciation rate of around 4% annually, it’s a market worth considering. Furthermore, the average cash flow in this area stands at $300/month, making it a promising opportunity for real estate investors.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent in New Castle, CO, is approximately $1,800, indicating a strong demand for rental properties.
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