Real Estate Investment Properties for Sale in New Castle, CO

Looking for investment property in New Castle, CO with high ROI ?

Explore a variety of short-term homes & houses in New Castle, CO. Invest wisely with VRBO & New Castle, CO Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in New Castle, CO

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
123 Redstone Drive New Castle, CO Castle Valley Perfection! This pristine 3-bedroom, 2.5-bath townhouse is the one you've be...	3 beds \| 3 baths \| 1,624 sq.ft.	$685,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 1.82% Airbnb Rental Income: $2077 Traditional Rental Income: $2449 Airbnb ROI: 0.4% Traditional ROI: 1.82%
212 Safflower Court New Castle, CO Comfort and convenience in Castle Valley Ranch! This updated 3-bedroom, 2-bath home is an ...	3 beds \| 2 baths \| 2,032 sq.ft.	$680,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 2.77% Airbnb Rental Income: $2077 Traditional Rental Income: $2756 Airbnb ROI: 0.85% Traditional ROI: 2.77%
121 White Horse Drive New Castle, CO Updated & Move-In Ready in New Castle. Well maintained home featuring 3 bedrooms and 3 bat...	3 beds \| 3 baths \| 2,115 sq.ft.	$769,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.23% Airbnb Rental Income: $2077 Traditional Rental Income: $2731 Airbnb ROI: 0.57% Traditional ROI: 2.23%
560 River View Drive #704 New Castle, CO Own your piece of the Western Slope. This 2-bedroom, 2-bathroom, 2nd floor condo is centra...	2 beds \| 2 baths \| 1,056 sq.ft.	$470,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.14% Airbnb Rental Income: $963 Traditional Rental Income: $1751 Airbnb ROI: -0.44% Traditional ROI: 2.14%
326 River View Drive #107 New Castle, CO Welcome to River Park, where this well-maintained condo combines comfort, convenience, and...	3 beds \| 2 baths \| 1,200 sq.ft.	$410,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 1.83% Airbnb Rental Income: $2077 Traditional Rental Income: $2028 Airbnb ROI: 0.56% Traditional ROI: 1.83%
488 River View Drive #407 New Castle, CO Welcome to this three-bedroom, two-bathroom condo, offering the perfect balance of comfort...	3 beds \| 2 baths \| 1,200 sq.ft.	$390,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 0.49% Airbnb Rental Income: $2077 Traditional Rental Income: $940 Airbnb ROI: 2.14% Traditional ROI: 0.49%
682 Alder Ridge Lane New Castle, CO Tucked into the highly desirable Castle Valley community, this beautifully maintained and ...	3 beds \| 4 baths \| 1,642 sq.ft.	$560,000	Airbnb cash on cash: 1.07% Traditional cash on cash: -0.25% Airbnb Rental Income: $2077 Traditional Rental Income: $852 Airbnb ROI: 1.07% Traditional ROI: -0.25%
138 N 7th Street New Castle, CO BACK ON MARKET NO FAULT TO THE SELLER! Enjoy downtown living in this fully renovated New C...	3 beds \| 2 baths \| 1,056 sq.ft.	$615,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 1.98% Airbnb Rental Income: $2077 Traditional Rental Income: $1939 Airbnb ROI: 1.29% Traditional ROI: 1.98%
94 CASTLE RIDGE Drive New Castle, CO Motivated sellers, make an offer! Welcome home to this beautifully updated 3-bedroom, 2...	3 beds \| 4 baths \| 1,620 sq.ft.	$580,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 3.29% Airbnb Rental Income: $2077 Traditional Rental Income: $2657 Airbnb ROI: 1.23% Traditional ROI: 3.29%
46 Whitetail Drive New Castle, CO Be the first... not only to live in this home, but to see it! Breaking ground in August 20...	3 beds \| 3 baths \| 1,822 sq.ft.	$850,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 1.85% Airbnb Rental Income: $2077 Traditional Rental Income: $2673 Airbnb ROI: 0.42% Traditional ROI: 1.85%
40 Whitetail Drive New Castle, CO Breaking ground in August 2025, with a proposed completion date of September 2026, this ha...	3 beds \| 3 baths \| 1,817 sq.ft.	$850,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 1.85% Airbnb Rental Income: $2077 Traditional Rental Income: $2673 Airbnb ROI: 0.42% Traditional ROI: 1.85%
502 Little Cloud Drive New Castle, CO Beautiful, spacious townhome with view of mountains. 2 bdrms, 3 baths, large open floor pl...	2 beds \| 3 baths \| 1,750 sq.ft.	$699,900	Airbnb cash on cash: -0.98% Traditional cash on cash: 2.3% Airbnb Rental Income: $963 Traditional Rental Income: $2756 Airbnb ROI: -0.98% Traditional ROI: 2.3%
30 Whitetail Drive New Castle, CO This beautifully updated duplex offers a perfect blend of style, comfort, and convenience....	3 beds \| 3 baths \| 1,830 sq.ft.	$825,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 1.97% Airbnb Rental Income: $2077 Traditional Rental Income: $2750 Airbnb ROI: 0.4% Traditional ROI: 1.97%
228 N 7th Street New Castle, CO Discover this 1,800 sq ft ranch-style gem in picturesque New Castle. Previously a mixed-us...	3 beds \| 2 baths \| 1,920 sq.ft.	$742,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 2.42% Airbnb Rental Income: $2077 Traditional Rental Income: $2749 Airbnb ROI: 0.68% Traditional ROI: 2.42%
33 Whitetail Drive New Castle, CO This home delivers a true WOW factor the moment you step inside, with incredible west-faci...	4 beds \| 4 baths \| 3,039 sq.ft.	$1,069,000	Airbnb cash on cash: 0% Traditional cash on cash: 2.35% Airbnb Rental Income: $2238 Traditional Rental Income: $4011 Airbnb ROI: 0% Traditional ROI: 2.35%
621 Elk Run Road New Castle, CO Custom Retreat with Views + Privacy! Just minutes from the heart of New Castle, this excep...	5 beds \| 4 baths \| 5,024 sq.ft.	$1,895,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.84% Airbnb Rental Income: $null Traditional Rental Income: $7471 Airbnb ROI: N/A Traditional ROI: 2.84%
634 E First Street New Castle, CO Tucked in a quiet neighborhood in the heart of New Castle! This spacious home offers nearl...	5 beds \| 3 baths \| 3,934 sq.ft.	$799,899	Airbnb cash on cash: N/A Traditional cash on cash: 3.86% Airbnb Rental Income: $null Traditional Rental Income: $3987 Airbnb ROI: N/A Traditional ROI: 3.86%
5033 335 County Road unit: 234 New Castle, CO Affordable Mobile Home in New Castle. 3 bedroom, 2 bath, with extra large yard.	3 beds \| 2 baths \| 980 sq.ft.	$165,000	Airbnb cash on cash: 8.15% Traditional cash on cash: 10.2% Airbnb Rental Income: $2077 Traditional Rental Income: $1864 Airbnb ROI: 8.15% Traditional ROI: 10.2%
8 Navajo Street New Castle, CO NO LOT RENT Come and enjoy relaxation and style at 8 Navajo St., New Castle. This beauti...	3 beds \| 1 baths \| 994 sq.ft.	$400,000	Airbnb cash on cash: 2.73% Traditional cash on cash: 2.95% Airbnb Rental Income: $2077 Traditional Rental Income: $1625 Airbnb ROI: 2.73% Traditional ROI: 2.95%
433 RIVER VIEW Drive unit: 1605 New Castle, CO Welcome home to this bright and well-kept Riverpark condominium featuring main-floor livin...	2 beds \| 2 baths \| 1,056 sq.ft.	$410,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 4.17% Airbnb Rental Income: $963 Traditional Rental Income: $2296 Airbnb ROI: -0.21% Traditional ROI: 4.17%
452 Palmetto Drive New Castle, CO Perfect for first-time buyers, this charming 3-bedroom, 2-bath home offers 1,107 square fe...	3 beds \| 2 baths \| 1,107 sq.ft.	$599,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 2.22% Airbnb Rental Income: $2077 Traditional Rental Income: $2067 Airbnb ROI: 1.28% Traditional ROI: 2.22%
601 Little Cloud New Castle, CO Luxury living in New Castle! Enjoy convenient and comfortable living in this 3 bedroom, 2....	3 beds \| 3 baths \| 1,955 sq.ft.	$850,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 2% Airbnb Rental Income: $2077 Traditional Rental Income: $2594 Airbnb ROI: 0.67% Traditional ROI: 2%
28 Deer Valley Drive New Castle, CO Two lots. Six-car garage with epoxy floors, heat, and hot-and-cold water in both bays. Thi...	4 beds \| 6 baths \| 4,379 sq.ft.	$2,399,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 2.74% Airbnb Rental Income: $2238 Traditional Rental Income: $8886 Airbnb ROI: -0.49% Traditional ROI: 2.74%
124 E Cathedral Court New Castle, CO This end-unit townhome blends comfort, style, and low-maintenance living in an ideal setti...	3 beds \| 3 baths \| 1,448 sq.ft.	$560,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 2.78% Airbnb Rental Income: $2077 Traditional Rental Income: $2312 Airbnb ROI: 1.31% Traditional ROI: 2.78%
143 N 7th Street unit: #22 New Castle, CO Welcome home to this beautifully updated 3-bedroom, 2-bath mobile home in the heart of New...	3 beds \| 2 baths \| 1,056 sq.ft.	$222,000	Airbnb cash on cash: 5.47% Traditional cash on cash: 7.27% Airbnb Rental Income: $2077 Traditional Rental Income: $1920 Airbnb ROI: 5.47% Traditional ROI: 7.27%
837 Ute Circle New Castle, CO Captivating New Construction In Lakota Canyon Ranch This modern beauty sits in a quite...	3 beds \| 2 baths \| 1,812 sq.ft.	$899,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 1.57% Airbnb Rental Income: $2077 Traditional Rental Income: $2408 Airbnb ROI: 0.53% Traditional ROI: 1.57%
511 Riverview Drive unit: 1404 New Castle, CO You can't improve location. You can't remodel views. This rare ground-level unit offers th...	2 beds \| 2 baths \| 1,056 sq.ft.	$395,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 4.18% Airbnb Rental Income: $963 Traditional Rental Income: $2279 Airbnb ROI: -0.31% Traditional ROI: 4.18%
60 Deer Valley Drive New Castle, CO $7500 FLOORING CREDIT WITH ACCEPTABLE OFFER! Versatile Living Meets Elevated Design on the...	4 beds \| 4 baths \| 2,173 sq.ft.	$775,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 3.06% Airbnb Rental Income: $2238 Traditional Rental Income: $3303 Airbnb ROI: 0.81% Traditional ROI: 3.06%
428 Midland Avenue New Castle, CO Welcome to this well-maintained 3-bedroom, 2-bath log cabin in New Castle, Colorado. The o...	3 beds \| 2 baths \| 1,396 sq.ft.	$639,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 2.16% Airbnb Rental Income: $2077 Traditional Rental Income: $2221 Airbnb ROI: 1.02% Traditional ROI: 2.16%
114 Redstone Drive New Castle, CO Smart living in this stylish townhome that has a brightly lit primary, living area and wel...	4 beds \| 3 baths \| 1,631 sq.ft.	$638,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 2.32% Airbnb Rental Income: $2238 Traditional Rental Income: $2356 Airbnb ROI: 1.18% Traditional ROI: 2.32%
433 Riverview Drive #1602 New Castle, CO Bright and well-maintained 2-bedroom, 2-bath Riverpark condo offering easy main-level livi...	2 beds \| 2 baths \| 1,056 sq.ft.	$395,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.38% Airbnb Rental Income: $963 Traditional Rental Income: $1983 Airbnb ROI: -0.32% Traditional ROI: 3.38%
402 Apple Drive New Castle, CO ONCE-IN-A-LIFETIME OPPORTUNITY FOR AFFORDABLE COLORADO RIVER ACCESS RIGHT OUT YOUR BACK DO...	3 beds \| 2 baths \| 1,560 sq.ft.	$575,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 2.99% Airbnb Rental Income: $2077 Traditional Rental Income: $2509 Airbnb ROI: 1.19% Traditional ROI: 2.99%
410 River View Drive unit: 305 New Castle, CO Welcome to this bright and well maintained 2-bedroom, 2-bath condominium located in the de...	2 beds \| 2 baths \| 1,056 sq.ft.	$399,500	Airbnb cash on cash: -0.12% Traditional cash on cash: 3.39% Airbnb Rental Income: $963 Traditional Rental Income: $1927 Airbnb ROI: -0.12% Traditional ROI: 3.39%
560 S Wildhorse Drive New Castle, CO This beautiful 4-bedroom, 3-bathroom new construction home in the desirable Castle Valley ...	4 beds \| 3 baths \| 2,432 sq.ft.	$989,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 1.9% Airbnb Rental Income: $2238 Traditional Rental Income: $3001 Airbnb ROI: 0.46% Traditional ROI: 1.9%
790 Castle Valley Boulevard unit: L New Castle, CO This top-level condo offers the space and flexibility that's hard to find at this price po...	2 beds \| 2 baths \| 1,523 sq.ft.	$407,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.98% Airbnb Rental Income: $963 Traditional Rental Income: $2474 Airbnb ROI: 0.11% Traditional ROI: 4.98%
560 River View Drive 704 New Castle, CO Own your piece of the Western Slope. This 2-bedroom, 2-bathroom, 2nd floor condo is centra...	2 beds \| 2 baths \| 1,056 sq.ft.	$470,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 2.38% Airbnb Rental Income: $963 Traditional Rental Income: $1854 Airbnb ROI: -0.44% Traditional ROI: 2.38%
560 River View Drive unit: 706 New Castle, CO Top-level vaulted 2-bedroom, 2-bathroom condo in desirable Riverpark offering bright, open...	2 beds \| 2 baths \| 1,056 sq.ft.	$395,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.31% Airbnb Rental Income: $963 Traditional Rental Income: $1956 Airbnb ROI: -0.31% Traditional ROI: 3.31%
5033 County Road 335 unit: 235 New Castle, CO Spacious 3 bedroom, 2 bath home in Apple Tree Park in New Castle, offering comfortable liv...	3 beds \| 2 baths \| 1,216 sq.ft.	$169,500	Airbnb cash on cash: 7.88% Traditional cash on cash: 10.97% Airbnb Rental Income: $2077 Traditional Rental Income: $2042 Airbnb ROI: 7.88% Traditional ROI: 10.97%
790 Castle Valley Boulevard unit: C New Castle, CO Charming 2-bedroom, 2-bath main-floor condo in the desirable Shibui West community. This n...	2 beds \| 2 baths \| 1,099 sq.ft.	$395,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 3.78% Airbnb Rental Income: $963 Traditional Rental Income: $2022 Airbnb ROI: -0.02% Traditional ROI: 3.78%
88 Whitetail Drive New Castle, CO Immaculate Lakota Canyon half duplex with high end finishes, real wood floors, cabinets, a...	3 beds \| 2 baths \| 2,015 sq.ft.	$775,000	Airbnb cash on cash: 0.6% Traditional cash on cash: 1.94% Airbnb Rental Income: $2077 Traditional Rental Income: $2506 Airbnb ROI: 0.6% Traditional ROI: 1.94%

Real Estate investment in New-castle, CO

There are 57 properties for sale in the city of New Castle . The median list price in New Castle is $397,250 and the average price per square foot is $242. In April 2026, the average monthly cash on cash return in New Castle is 2.00%. The average monthly rental income in New Castle is $2,318.

New-castle, CO Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 57 investment properties available for sale in New-castle.

In 2026, the best neighborhood to buy investment property is New Castle.

The ROI for Long-Term is higher than the Short-Term in New-castle with average rental income of $2,318.

Your search for investment property begins and ends here

Investment Property for Sale in New Castle, CO

123 Redstone Drive

New Castle, CO

3 beds | 3 baths | 1,624 sq.ft.

$685,000

Airbnb cash on cash: 0.4%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $2077

Traditional Rental Income: $2449

Airbnb ROI: 0.4%

Traditional ROI: 1.82%

212 Safflower Court

New Castle, CO

3 beds | 2 baths | 2,032 sq.ft.

$680,000

Airbnb cash on cash: 0.85%

Traditional cash on cash: 2.77%

Airbnb Rental Income: $2077

Traditional Rental Income: $2756

Airbnb ROI: 0.85%

Traditional ROI: 2.77%

121 White Horse Drive

New Castle, CO

3 beds | 3 baths | 2,115 sq.ft.

$769,000

Airbnb cash on cash: 0.57%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $2077

Traditional Rental Income: $2731

Airbnb ROI: 0.57%

Traditional ROI: 2.23%

560 River View Drive #704

New Castle, CO

2 beds | 2 baths | 1,056 sq.ft.

$470,000

Airbnb cash on cash: -0.44%

Traditional cash on cash: 2.14%

Airbnb Rental Income: $963

Traditional Rental Income: $1751

Airbnb ROI: -0.44%

Traditional ROI: 2.14%

326 River View Drive #107

New Castle, CO

3 beds | 2 baths | 1,200 sq.ft.

$410,000

Airbnb cash on cash: 0.56%

Traditional cash on cash: 1.83%

Airbnb Rental Income: $2077

Traditional Rental Income: $2028

Airbnb ROI: 0.56%

Traditional ROI: 1.83%

488 River View Drive #407

New Castle, CO

3 beds | 2 baths | 1,200 sq.ft.

$390,000

Airbnb cash on cash: 2.14%

Traditional cash on cash: 0.49%

Airbnb Rental Income: $2077

Traditional Rental Income: $940

Airbnb ROI: 2.14%

Traditional ROI: 0.49%

682 Alder Ridge Lane

New Castle, CO

3 beds | 4 baths | 1,642 sq.ft.

$560,000

Airbnb cash on cash: 1.07%

Traditional cash on cash: -0.25%

Airbnb Rental Income: $2077

Traditional Rental Income: $852

Airbnb ROI: 1.07%

Traditional ROI: -0.25%

138 N 7th Street

New Castle, CO

3 beds | 2 baths | 1,056 sq.ft.

$615,000

Airbnb cash on cash: 1.29%

Traditional cash on cash: 1.98%

Airbnb Rental Income: $2077

Traditional Rental Income: $1939

Airbnb ROI: 1.29%