New Castle Investment Analysis

Investment Property in New Castle, IN

Home Investment Performance Rent Prices Top Properties Top Neighborhoods Attractions Insights

New Castle, IN Real Estate Investment Performance

PROPERTY SALE PRICE

$ 164,500

Median

1,704

Avg/Sq.ft.

CASH ON CASH RETURN

5.00%

Traditional

16.00%

Airbnb

RENTAL INCOME

$ 950

Traditional

$ 2,210

Airbnb

RENTAL INCOME

$ 950

Traditional

$ 2,210

Airbnb

NUMBER OF PROPERTIES

18

Investment

10

Airbnb

1

Traditional

85%

Airbnb occupancy rate

New Castle, IN Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,079	$ 2,210	N/A	N/A
Traditional	N/A	$ 637	N/A	N/A

Airbnb

1 ROOM	$ 1,079
2 ROOMS	$ 2,210
3 ROOMS	N/A
4 ROOMS	N/A

Traditional

1 ROOM	N/A
2 ROOMS	$ 637
3 ROOMS	N/A
4 ROOMS	N/A

Predict Short-Term Rental Revenue

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Investment Properties for Sale in New Castle, IN

$184,900

MLS 21938804

1128 W County Road 300 N, New Castle, IN 47362

New Castle

Single Family Residential

2 beds N/A baths 1,384 sq.ft.

CAP RATE Trad. 1.78% Airbnb 7.71%

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$80,000

MLS 202334285

1600 Roosevelt Avenue, New Castle, IN 47362

New Castle

Single Family Residential

4 beds 1 baths 1,944 sq.ft.

CAP RATE Trad. 10.25% Airbnb N/A

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$139,900

MLS 21944621

2202 18th Street, New Castle, IN 47362

New Castle

Single Family Residential

3 beds 1 baths 1,008 sq.ft.

CAP RATE Trad. 5.80% Airbnb N/A

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$124,900

MLS 202334604

2117 Fairmont Avenue, New Castle, IN 47362

New Castle

Single Family Residential

4 beds 2 baths 1,512 sq.ft.

CAP RATE Trad. 5.77% Airbnb N/A

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Single Family Houses for Sale in New Castle, IN

$184,900

MLS 21938804

1128 W County Road 300 N, New Castle, IN 47362

New Castle

Single Family Residential

2 beds N/A baths 1,384 sq.ft.

CAP RATE Trad. 1.78% Airbnb 7.71%

Analyze Property

$80,000

MLS 202334285

1600 Roosevelt Avenue, New Castle, IN 47362

New Castle

Single Family Residential

4 beds 1 baths 1,944 sq.ft.

CAP RATE Trad. 10.25% Airbnb N/A

Analyze Property

$139,900

MLS 21944621

2202 18th Street, New Castle, IN 47362

New Castle

Single Family Residential

3 beds 1 baths 1,008 sq.ft.

CAP RATE Trad. 5.80% Airbnb N/A

Analyze Property

$124,900

MLS 202334604

2117 Fairmont Avenue, New Castle, IN 47362

New Castle

Single Family Residential

4 beds 2 baths 1,512 sq.ft.

CAP RATE Trad. 5.77% Airbnb N/A

Analyze Property

Top New Castle, IN Neighborhoods - Real Estate Market Analysis

New Castle

70%

70% Mashmeter

PROPERTY PRICE

$114,500

Median for city

CAP RATE

6.12%

Traditional

10.98%

Airbnb

RENTAL INCOME

$ 637

Traditional

$ 1,333

Airbnb

68%

Airbnb occupancy rate

Analyze neighborhood

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in New Castle, IN

$107 per night Airbnb occupancy rate 70%

Condominium 2 · 2 · 6

Maxwell-Commons #105, New Castle IN, 2bd2bth dwntn New Castle, IN, United States

Rental Income: $2,283 per month

109

Calculate Rental Income

$107 per night Airbnb occupancy rate 57%

House 2 · 1 · 4

Entire Home with Modern Conveniences - New Castle New Castle, IN, United States

Rental Income: $1,855 per month

105

Calculate Rental Income

$122 per night Airbnb occupancy rate 50%

House 3 · 1 · 6

Spacious 3 Bedroom Home - New Castle New Castle, IN, United States

Rental Income: $1,840 per month

Calculate Rental Income

$149 per night Airbnb occupancy rate 88%

House 3 · 2 · 8

Modern farmhouse New Castle, IN, United States

Rental Income: $3,986 per month

Calculate Rental Income

$39 per night Airbnb occupancy rate 85%

Apartment 1 · 1 · 2

Cozy and Cute 1 Bdrm! - Stay for GenCon New Castle, IN, United States

Rental Income: $1,011 per month

Calculate Rental Income

$52 per night Airbnb occupancy rate 85%

Apartment 2 · 1 · 4

Cute 2 Bdrm Apt! - Stay for GenCon New Castle, IN, United States

Rental Income: $1,352 per month

Calculate Rental Income

$47 per night Airbnb occupancy rate 94%

Apartment 1 · 1 · 3

Cozy One Bedroom Apartment New Castle, IN, United States

Rental Income: $1,354 per month

Calculate Rental Income

$39 per night Airbnb occupancy rate 84%

Apartment 1 · 1 · 3

1 Bdr Apt in New Castle -Stay for GenCon New Castle, IN, United States

Rental Income: $995 per month

Calculate Rental Income

Real Estate Investment Analysis - Other Cities in indiana

City Name	Property price	Cash on cash return		Rental Income		No. of Properties	Airbnb Occupancy Rate
City Name	Median	traditional	Airbnb	traditional	Airbnb	No. of Properties	Airbnb Occupancy Rate
Kokomo	$139,900	4%	10%	$799	$2,419	61	78%
Goshen	$282,450	3%	5%	$1,396	$1,931	54	77%
New Paris	$314,450	3%	8%	$1,374	$2,533	14	74%
Middlebury	$293,400	4%	8%	$1,516	$3,605	18	66%
West Lafayette	$375,000	3%	7%	$1,388	$3,341	65	66%
Hammond	$169,900	5%	12%	$1,410	$3,770	39	65%
Evansville	$189,900	3%	7%	$966	$2,065	360	64%
Fort Wayne	$274,900	4%	5%	$1,385	$2,226	851	59%
Indianapolis	$255,000	4%	6%	$1,342	$2,525	1,355	58%
Elkhart	$222,500	8%	3%	$2,320	$1,415	160	57%
Bloomington	$389,900	3%	6%	$1,592	$3,569	345	55%
Schererville	$377,450	2%	4%	$1,648	$2,541	26	54%
Mishawaka	$263,750	4%	10%	$1,342	$3,619	56	54%
Warsaw	$269,000	3%	7%	$1,319	$2,956	65	54%
Gary	$135,000	8%	9%	$1,373	$1,766	83	53%
Winamac	$199,999	3%	11%	$1,333	$3,479	13	51%
Plymouth	$215,000	5%	7%	$1,538	$2,478	23	49%
Osceola	$288,750	4%	7%	$1,670	$2,214	16	49%
Syracuse	$439,900	2%	6%	$1,473	$3,336	32	44%
Nappanee	$384,988	2%	4%	$1,352	$2,983	15	43%