Condo Investment Properties for Sale in New Castle, DE

Property at 610 Willings Way, New Castle, DE
$ 195,000
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign77
  • 2 Bed
  • 2 Bath
  • 1035 sft
610 Willings Way, New Castle, DE, 19720
Property at 101 Stone Hurst Ct #101, New Castle, DE
$ 189,000
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign52
  • 2 Bed
  • 2 Bath
  • 1043 sft
101 Stone Hurst Ct #101, New Castle, DE, 19720
Property at 607 Willings Way #607, New Castle, DE
Fix & Flip
$ 124,900
ROI
27.4ROI percentage
Cash Flow/m
Dollar sign264
  • 2 Bed
  • 2 Bath
  • - sft
607 Willings Way #607, New Castle, DE, 19720
Property at 1015 Willings Way, New Castle, DE
$ 179,900
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign51
  • 2 Bed
  • 2 Bath
  • 1035 sft
1015 Willings Way, New Castle, DE, 19720

Why Invest in New Castle, Delaware?

New Castle, DE offers strong opportunities for condo investors seeking steady rental income near Wilmington. With a competitive market and home values up 2.1% annually, condos provide accessible entry points around $277K. Rental yields average 6.2%, supported by low vacancy and proximity to jobs. Cap rates hover at 5.8%, with appreciation at 2.1% and 45% renter occupancy driving demand. Cash flow averages $450 monthly, ideal for passive income strategies.

7.2%
Avg. ROI
6.2%
Rental Yield
5.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
2.1%
1Y Appreciation

Frequently Asked Questions

Yes, condos offer solid rental yields of 6.2% and cap rates around 5.8% in a competitive market. Proximity to jobs and low vacancy support steady cash flow. Values have appreciated 2.1% yearly, per market data.

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