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

Property at 2828 S 14th St, New Castle, IN
Listed for sale 1 day ago
$ 185,900
ROI
25.6ROI percentage
Cash Flow/m
Dollar sign301
  • 2 Bed
  • 2 Bath
  • 1660 sft
2828 S 14th St, New Castle, IN, 47362
Property at 1130 S 19th St, New Castle, IN
Listed for sale 3 days ago
$ 149,900
ROI
27.2ROI percentage
Cash Flow/m
Dollar sign310
  • 2 Bed
  • 1 Bath
  • 890 sft
1130 S 19th St, New Castle, IN, 47362
Property at 2410 State St, New Castle, IN
Listed for sale 4 days ago
$ 135,000
ROI
27.7ROI percentage
Cash Flow/m
Dollar sign300
  • 2 Bed
  • 1 Bath
  • 1010 sft
2410 State St, New Castle, IN, 47362
Property at 917 S 20th St, New Castle, IN
Listed for sale 4 days ago
$ 179,900
ROI
30.0ROI percentage
Cash Flow/m
Dollar sign510
  • 3 Bed
  • 2 Bath
  • 1648 sft
917 S 20th St, New Castle, IN, 47362

Why Invest in New Castle, Indiana?

Investing in New Castle, Indiana offers unique opportunities, especially for properties valued under $200k. With a favorable cost of living and a decent rental yield, this area is attracting investors looking for affordable housing options. Recent trends indicate a stable market with potential for appreciation, making it an attractive proposition for long-term investments.

8%
Avg. ROI
7%
Rental Yield
9%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average home price in New Castle is around $150,000, making it an attractive location for budget-conscious investors.

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