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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in New Castle, CO

Motivated Seller
$ 599,500
ROI
22.0
Cash Flow/m
314- 3 Bed
- 4 Bath
- 1620 sft
94 Castle Ridge Dr, New Castle, CO, 81647

$ 219,000
ROI
28.6
Cash Flow/m
539- - Bed
- - Bath
- - sft
Spirit Way, New Castle, CO, 81647

$ 535,000
ROI
20.5
Cash Flow/m
63- 3 Bed
- 3 Bath
- 1620 sft
66 Castle Ridge Dr, New Castle, CO, 81647

$ 545,000
ROI
24.8
Cash Flow/m
713- 3 Bed
- 3 Bath
- 1620 sft
320 Castle Ridge Dr, New Castle, CO, 81647
Why Invest in New Castle, Colorado?
Investing in multi-family properties in New Castle offers attractive opportunities for generating consistent rental income. With a robust rental yield and strong appreciation rates, investors can expect a favorable return on investment. The increasing demand for rental housing in the area contributes to a healthy rental market, making it a prime location for your real estate portfolio.
8.5%
Avg. ROI
7.2%
Rental Yield
6.4%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for multi-family units in New Castle is approximately $1,500. This figure may vary based on the specific location and amenities offered.
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