Is New Castle, CO a good place to invest in rental property?

New Castle, CO has a median modeled monthly cash flow of $-2,767 and a median cap rate of 0.9%, on a median sold price of $582,500. Prices changed -1.9% year over year.

What is the average cap rate in New Castle, CO?

The median cap rate across recently sold homes in New Castle, CO is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Castle, CO?

The median sold price in New Castle, CO is $582,500 (about $357 per square foot).

Investing in New Castle, CO Real Estate

A data-driven snapshot of the New Castle, CO rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$582,500Median sold price

$357Median $/sqft

0.9%Median cap rate

$-2,767Modeled cash flow / mo

-1.9%Appreciation YoY

8.2Months of supply

83Active listings

122Sold (last 12 mo)

What the New Castle numbers say

In New Castle, CO, the median home sold for $582,500 (about $357 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-2,767 of monthly cash flow. Sold prices moved -1.9% over the past year. Inventory sits at about 8.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Colorado markets to compare

See New Castle cash-flowing listings

CashFlowRE ranks every for-sale home in New Castle, CO by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen New Castle deals, or browse the national market data.