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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in New Castle, IN
Listed for sale 4 days ago
$ 139,900
ROI
31.6
Cash Flow/m
460- 3 Bed
- 1 Bath
- 880 sft
2434 Plum St, New Castle, IN, 47362
Listed for sale 5 days ago
$ 299,000
ROI
25.4Cash Flow/m
466- 4 Bed
- 3 Bath
- 3350 sft
201 S 11th St, New Castle, IN, 47362
Listed for sale 5 days ago
$ 139,900
ROI
25.9Cash Flow/m
240- 3 Bed
- 1 Bath
- 2720 sft
2234 Walnut St, New Castle, IN, 47362
$ 239,000
ROI
29.4Cash Flow/m
640- 3 Bed
- 3 Bath
- 1844 sft
3283 S Nora Dr, New Castle, IN, 47362
Why Invest in New Castle, Indiana?
Investing in New Castle, IN can be highly lucrative, especially given the current high rental yield. With a rental yield averaging around 8%, investors can expect solid returns on their property. Additionally, the city has shown resilience in cash flow with an average of $1,200 per month in rent, making it an attractive market for rental property investment.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1000/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in New Castle is approximately 8%, making it an attractive market for real estate investors.
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