Real Estate Investment Properties for Sale in New Castle, IN

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

Explore a variety of short-term homes & houses in New Castle, IN. Invest wisely with VRBO & New Castle, IN 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, IN

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1316 S 19th Street New Castle, IN This recently renovated two-story home is a must-see, it features new kitchen appliances, ...	3 beds \| 2 baths \| 1,056 sq.ft.	$139,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.27% Airbnb Rental Income: $null Traditional Rental Income: $1514 Airbnb ROI: N/A Traditional ROI: 9.27%
2800 Meadowbrook Drive New Castle, IN Nestled on a generous lot discover this inviting home awaiting you at 2800 Meadowbrook Dri...	4 beds \| 3 baths \| 1,720 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.6% Airbnb Rental Income: $null Traditional Rental Income: $2520 Airbnb ROI: N/A Traditional ROI: 8.6%
819 Spring Street New Castle, IN Welcome to this beautifully maintained 4-bedroom, 1.5-bath home offering 2,752 sq. ft. of ...	4 beds \| 2 baths \| 2,752 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.84% Airbnb Rental Income: $null Traditional Rental Income: $2404 Airbnb ROI: N/A Traditional ROI: 10.84%
3806 S State Road 3 New Castle, IN Updated Farmhouse on 2+ Acres!!! Opportunity awaits at this prime Mixed Use property locat...	3 beds \| 2 baths \| 2,688 sq.ft.	$466,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.49% Airbnb Rental Income: $null Traditional Rental Income: $2655 Airbnb ROI: N/A Traditional ROI: 4.49%
1404 S 23rd Street New Castle, IN This fully renovated 3-bedroom, 2-bathroom two-story home is located in a quiet neighborho...	3 beds \| 2 baths \| 840 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $1253 Airbnb ROI: N/A Traditional ROI: 4.93%
701 Hawthorn Road New Castle, IN This stunning Mid-Century Modern home sitting high up on a hill on over three-quarters of ...	4 beds \| 3 baths \| 3,787 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.01% Airbnb Rental Income: $null Traditional Rental Income: $3096 Airbnb ROI: N/A Traditional ROI: 6.01%
3462 N County Rd 300 W New Castle, IN This cozy home offers the land you've been wishing for - 6.26 acres - surrounded by the pe...	3 beds \| 2 baths \| 1,092 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $1563 Airbnb ROI: N/A Traditional ROI: 4.48%
317 S 22nd Street New Castle, IN Welcome to this beautifully maintained and move-in ready home offering 3 bedrooms, 2 full ...	3 beds \| 2 baths \| 2,322 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.33% Airbnb Rental Income: $null Traditional Rental Income: $2131 Airbnb ROI: N/A Traditional ROI: 8.33%
1127-1129 S 18th Street New Castle, IN Welcome to this charming duplex rental property situated on a spacious corner lot, offerin...	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.55% Airbnb Rental Income: $null Traditional Rental Income: $1184 Airbnb ROI: N/A Traditional ROI: 6.55%
927 Thornburg Street New Castle, IN This 4 bedroom 2 bath home is just waiting for its next chapter! The large covered front ...	4 beds \| 2 baths \| 1,256 sq.ft.	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.43% Airbnb Rental Income: $null Traditional Rental Income: $1689 Airbnb ROI: N/A Traditional ROI: 10.43%
5362 S Old State Road 103 New Castle, IN Here is the opportunity to get a home that you can make it how you want it in a great loca...	4 beds \| 2 baths \| 1,568 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.92% Airbnb Rental Income: $null Traditional Rental Income: $2002 Airbnb ROI: N/A Traditional ROI: 9.92%
1428 Whittier Lane New Castle, IN Nestled at 1428 Whittier Lane, New Castle, IN, this single-family residence presents a uni...	3 beds \| 2 baths \| 1,208 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.06% Airbnb Rental Income: $null Traditional Rental Income: $1617 Airbnb ROI: N/A Traditional ROI: 7.06%
216 N County Road 300 E New Castle, IN Welcome to the Country!! Here's your chance to own your own little piece of heaven. This ...	3 beds \| 2 baths \| 1,632 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.75% Airbnb Rental Income: $null Traditional Rental Income: $1885 Airbnb ROI: N/A Traditional ROI: 5.75%
3143 S KLIPSCH Drive New Castle, IN A coffee in your hands in a sunroom on your must haves list? What about 3 bedrooms (includ...	3 beds \| 2 baths \| 1,640 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.44% Airbnb Rental Income: $null Traditional Rental Income: $1916 Airbnb ROI: N/A Traditional ROI: 6.44%
988 W Carriage Lane New Castle, IN 3 bed, 1.5 bath, single story home with an enormous yard in the rural subdivision of Goldy...	3 beds \| 2 baths \| 1,562 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.48% Airbnb Rental Income: $null Traditional Rental Income: $1853 Airbnb ROI: N/A Traditional ROI: 8.48%
1005 S 14th Street New Castle, IN Don't miss out on this two bedroom one bath home with a nice size backyard! The bonus roo...	2 beds \| 1 baths \| 1,855 sq.ft.	$92,500	Airbnb cash on cash: 7.69% Traditional cash on cash: 11.38% Airbnb Rental Income: $1371 Traditional Rental Income: $1287 Airbnb ROI: 7.69% Traditional ROI: 11.38%
3659 S State Road 103 New Castle, IN Spacious corner lot offering room for everything and everyone! This inviting home in Henry...	4 beds \| 2 baths \| 2,058 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $2379 Airbnb ROI: N/A Traditional ROI: 6.66%
417 N 10th Street New Castle, IN Welcome to this charming 2-story home offering 3 bedrooms, 1 bath, and 1,868 sq ft of livi...	3 beds \| 1 baths \| 1,868 sq.ft.	$109,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.96% Airbnb Rental Income: $null Traditional Rental Income: $1242 Airbnb ROI: N/A Traditional ROI: 8.96%
1204 S 25th Street New Castle, IN Welcome Home! Step into this beautifully renovated Ranch-style cottage where modern upgrad...	3 beds \| 2 baths \| 1,008 sq.ft.	$157,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.03% Airbnb Rental Income: $null Traditional Rental Income: $1432 Airbnb ROI: N/A Traditional ROI: 7.03%

Real Estate investment in New-castle, IN

There are 19 properties for sale in the city of New Castle . The median list price in New Castle is $182,500 and the average price per square foot is $102. In September 2025, the average monthly cash on cash return in New Castle is 8.00%. The average monthly rental income in New Castle is $1,869.

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

There are 19 investment properties available for sale in New-castle.

In 2025, the best neighborhood to buy investment property is New Castle.

The ROI for Short-Term is higher than the Long-Term in New-castle with average rental income of $1,371.

Your search for investment property begins and ends here

Investment Property for Sale in New Castle, IN

1316 S 19th Street

New Castle, IN

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

$139,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.27%

Airbnb Rental Income: $null

Traditional Rental Income: $1514

Airbnb ROI: N/A

Traditional ROI: 9.27%

2800 Meadowbrook Drive

New Castle, IN

4 beds | 3 baths | 1,720 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.6%

Airbnb Rental Income: $null

Traditional Rental Income: $2520

Airbnb ROI: N/A

Traditional ROI: 8.6%

819 Spring Street

New Castle, IN

4 beds | 2 baths | 2,752 sq.ft.

$199,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.84%

Airbnb Rental Income: $null

Traditional Rental Income: $2404

Airbnb ROI: N/A

Traditional ROI: 10.84%

3806 S State Road 3

New Castle, IN

3 beds | 2 baths | 2,688 sq.ft.

$466,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.49%

Airbnb Rental Income: $null

Traditional Rental Income: $2655

Airbnb ROI: N/A

Traditional ROI: 4.49%

1404 S 23rd Street

New Castle, IN

3 beds | 2 baths | 840 sq.ft.

$180,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.93%

Airbnb Rental Income: $null

Traditional Rental Income: $1253

Airbnb ROI: N/A

Traditional ROI: 4.93%

701 Hawthorn Road

New Castle, IN

4 beds | 3 baths | 3,787 sq.ft.

$400,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.01%

Airbnb Rental Income: $null

Traditional Rental Income: $3096

Airbnb ROI: N/A

Traditional ROI: 6.01%

3462 N County Rd 300 W

New Castle, IN

3 beds | 2 baths | 1,092 sq.ft.

$265,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1563

Airbnb ROI: N/A

Traditional ROI: 4.48%

317 S 22nd Street

New Castle, IN

3 beds | 2 baths | 2,322 sq.ft.

$230,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2131

Airbnb ROI: N/A