Under $200K Investment Properties for Sale in New Castle, DE

Fix & Flip
$ 199,900
ROI
26.5
Cash Flow/m
374- 3 Bed
- 2 Bath
- 1225 sft
2 Brian Ct, New Castle, DE, 19720

$ 199,000
ROI
26.9
Cash Flow/m
396- 3 Bed
- 1 Bath
- 1375 sft
414 8th St, New Castle, DE, 19720

Fix & Flip
$ 199,800
ROI
27.4
Cash Flow/m
424- 3 Bed
- 1 Bath
- 800 sft
15 Bacon Ave, New Castle, DE, 19720

$ 179,900
ROI
27.2
Cash Flow/m
373- 3 Bed
- 1 Bath
- 1200 sft
22 W Hazeldell Ave, New Castle, DE, 19720
Why Invest in New Castle, Delaware?
Discover investment opportunities in New Castle, DE with properties under $200k offering strong potential for cash flow and appreciation. Proximity to Wilmington provides access to stable employment while keeping acquisition costs low. Average rents support yields around 8-10% with cap rates near 9%. Renter occupancy exceeds 45%, driven by affordable housing demand. Recent data shows steady 3-4% annual appreciation in this market segment. Ideal for fix-and-flip or long-term rental strategies in a growing commuter hub.
12.5%
Avg. ROI
9.2%
Rental Yield
8.7%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.8%
1Y Appreciation
Find Your Perfect Investment Property in New Castle, Delaware
Explore investment opportunities by strategy, performance, or property type
