Investment Properties Under $200K in New Castle, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

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

Property at 909 White Dr, New Castle, IN
Listed for sale 3 days ago
$ 199,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign395
  • 3 Bed
  • 2 Bath
  • 1296 sft
909 White Dr, New Castle, IN, 47362
Property at 2514 S 23rd St, New Castle, IN
Listed for sale 6 days ago
$ 192,500
ROI
27.9ROI percentage
Cash Flow/m
Dollar sign434
  • 3 Bed
  • 2 Bath
  • 1164 sft
2514 S 23rd St, New Castle, IN, 47362
Property at 924 Thornburg St, New Castle, IN
Listed for sale 7 days ago
$ 169,900
ROI
31.8ROI percentage
Cash Flow/m
Dollar sign570
  • 3 Bed
  • 2 Bath
  • 2280 sft
924 Thornburg St, New Castle, IN, 47362
Property at 1535 Swarthmoor Dr, New Castle, IN
Listed for sale 7 days ago
$ 174,900
ROI
30.9ROI percentage
Cash Flow/m
Dollar sign540
  • 3 Bed
  • 1 Bath
  • 1104 sft
1535 Swarthmoor Dr, 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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