Fix and Flip Properties in New Castle, DE | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Fix And Flip Investment Properties for Sale in New Castle, DE

Why Invest in New Castle, Delaware?

New Castle, Delaware presents compelling fix-and-flip opportunities in a market experiencing steady price appreciation and strong buyer demand. The median home price in Delaware reached $352,100 with year-over-year growth of 1.6%, while homes sell in approximately 26 days on market, indicating rapid turnover ideal for flippers. With only two months of housing supply, the seller's market dynamics favor investors who can quickly renovate and list properties. The state ranks as the 21st most affordable for buyers nationally, attracting a broad pool of end-buyers. New Castle's proximity to Philadelphia and Wilmington urban centers enhances rental and resale potential for renovated properties.

12.5%
Avg. ROI
5.2%
Rental Yield
6.8%
Cap Rate
$850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
1.6%
1Y Appreciation

Frequently Asked Questions

With homes selling in approximately 26 days on market, investors can expect a 4-6 month renovation timeline followed by rapid sale. The strong buyer demand and limited inventory mean well-renovated properties sell quickly, making New Castle efficient for flip projects.

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