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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4101 Jeffry St New Castle, IN Beautifully updated 3 bed, 1.5 bath home with 1,404 sq ft of living space, listed at $219,...	3 beds \| 1 baths \| 1,404 sq.ft.	$219,900	Airbnb cash on cash: 5% Traditional cash on cash: 6.93% Airbnb Rental Income: $1898 Traditional Rental Income: $1796 Airbnb ROI: 5% Traditional ROI: 6.93%
703 Broad St New Castle, IN Opportunities galore in the spacious Victorian home tucked away on a corner lot. Original ...	4 beds \| 3 baths \| 6,241 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.76% Airbnb Rental Income: $null Traditional Rental Income: $1762 Airbnb ROI: N/A Traditional ROI: 8.76%
1820 N 16th St New Castle, IN Buy this foreclosure deal the right way. Visit us at Auction.com, then login or create a f...	2 beds \| 1 baths \| 894 sq.ft.	$85,000	Airbnb cash on cash: 5.74% Traditional cash on cash: 7.26% Airbnb Rental Income: $1036 Traditional Rental Income: $801 Airbnb ROI: 5.74% Traditional ROI: 7.26%
1404 S 23rd St New Castle, IN This fully renovated 1850 SqFt, 3-bedroom, 2-bathroom two-story home is located in a quiet...	3 beds \| 2 baths \| 1,850 sq.ft.	$170,000	Airbnb cash on cash: 5.96% Traditional cash on cash: 5.12% Airbnb Rental Income: $1898 Traditional Rental Income: $1253 Airbnb ROI: 5.96% Traditional ROI: 5.12%
701 Hawthorn Rd New Castle, IN This stunning Mid-Century Modern home sitting high up on a hill on over three-quarters of ...	4 beds \| 2 baths \| 4,734 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.37% Airbnb Rental Income: $null Traditional Rental Income: $3096 Airbnb ROI: N/A Traditional ROI: 6.37%
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.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.23% Airbnb Rental Income: $null Traditional Rental Income: $2002 Airbnb ROI: N/A Traditional ROI: 10.23%
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.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.19% Airbnb Rental Income: $null Traditional Rental Income: $2379 Airbnb ROI: N/A Traditional ROI: 7.19%
404 N 20th St New Castle, IN Take time to look at this little gem on the outskirts of town. When you drive by this move...	3 beds \| 2 baths \| 1,125 sq.ft.	$164,900	Airbnb cash on cash: 6.76% Traditional cash on cash: 7.91% Airbnb Rental Income: $1898 Traditional Rental Income: $1573 Airbnb ROI: 6.76% Traditional ROI: 7.91%
1062 N Mill St New Castle, IN New Build!! Love the open floor plans? This 3 bedroom 2 full bath home on 1 acre of ground...	3 beds \| 2 baths \| 1,655 sq.ft.	$249,900	Airbnb cash on cash: 4.35% Traditional cash on cash: 7.4% Airbnb Rental Income: $1898 Traditional Rental Income: $2113 Airbnb ROI: 4.35% Traditional ROI: 7.4%
711 S 11th St New Castle, IN Seller offering a home warranty, Timeless Charm Meets Modern Comfort! Discover this beauti...	4 beds \| 1 baths \| 2,880 sq.ft.	$232,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.48% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 8.48%
501 S Hardacre Ct New Castle, IN Please allow at least 48 hours turn around time. List of recent updates available. Home is...	3 beds \| 2 baths \| 1,424 sq.ft.	$220,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 7.06% Airbnb Rental Income: $1898 Traditional Rental Income: $1867 Airbnb ROI: 4.78% Traditional ROI: 7.06%
2406 Broad St New Castle, IN This charming New Castle home offers incredible potential just minutes from the vibrant do...	3 beds \| 1 baths \| 1,812 sq.ft.	$129,995	Airbnb cash on cash: 8.06% Traditional cash on cash: 11.72% Airbnb Rental Income: $1898 Traditional Rental Income: $1884 Airbnb ROI: 8.06% Traditional ROI: 11.72%
729 I Ave New Castle, IN Nestled in the heart of Newcastle, Indiana, discover the inviting home awaiting you at 729...	3 beds \| 1 baths \| 1,568 sq.ft.	$240,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 5.72% Airbnb Rental Income: $1898 Traditional Rental Income: $1921 Airbnb ROI: 3.39% Traditional ROI: 5.72%
2514 Greenview Ave New Castle, IN Affordable 2-bed, 1-bath ranch with strong value-add potential in New Castle's sought-afte...	2 beds \| 1 baths \| 768 sq.ft.	$129,995	Airbnb cash on cash: 2.81% Traditional cash on cash: 6.52% Airbnb Rental Income: $1036 Traditional Rental Income: $1138 Airbnb ROI: 2.81% Traditional ROI: 6.52%
1603 C Ave New Castle, IN 1603 C Ave, New Castle, IN 47362 \| Single Family Residential	2 beds \| 1 baths \| 1,204 sq.ft.	$65,000	Airbnb cash on cash: 7.13% Traditional cash on cash: 10.26% Airbnb Rental Income: $1036 Traditional Rental Income: $877 Airbnb ROI: 7.13% Traditional ROI: 10.26%
1535 Bundy Avenue New Castle, IN A rare, one-of-a-kind Italianate treasure, this home blends modern efficiency with an extr...	4 beds \| 3 baths \| 3,728 sq.ft.	$384,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.55% Airbnb Rental Income: $null Traditional Rental Income: $2571 Airbnb ROI: N/A Traditional ROI: 5.55%
224 Reddingdale Drive New Castle, IN Affordable opportunity in the heart of New Castle! This 2-bedroom, 1-bath ranch offers 902...	2 beds \| 1 baths \| 902 sq.ft.	$105,000	Airbnb cash on cash: 3.87% Traditional cash on cash: 8.44% Airbnb Rental Income: $1036 Traditional Rental Income: $1140 Airbnb ROI: 3.87% Traditional ROI: 8.44%
504 N 12th Street New Castle, IN Investor's Gem in New Castle! Discover the perfect addition to your portfolio with this f...	3 beds \| 3 baths \| N/A	$124,900	Airbnb cash on cash: 4.6% Traditional cash on cash: 8.58% Airbnb Rental Income: $1299 Traditional Rental Income: $1372 Airbnb ROI: 4.6% Traditional ROI: 8.58%
1631 P Avenue New Castle, IN This move-in-ready home features stainless steel appliances and a large kitchen with plent...	2 beds \| 1 baths \| 904 sq.ft.	$99,900	Airbnb cash on cash: 4.34% Traditional cash on cash: 9.05% Airbnb Rental Income: $1036 Traditional Rental Income: $1132 Airbnb ROI: 4.34% Traditional ROI: 9.05%
3255 S Greensboro Pike New Castle, IN Rural Setting and just waiting on your personal touch! Welcome to this beautifully maintai...	3 beds \| 3 baths \| 2,648 sq.ft.	$399,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 6.43% Airbnb Rental Income: $1898 Traditional Rental Income: $3190 Airbnb ROI: 1.63% Traditional ROI: 6.43%
407 S Walnut Street New Castle, IN Nestled at 407 S Walnut ST in NEW CASTLE, Indiana, this single-family residence presents a...	4 beds \| 2 baths \| 1,978 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.26% Airbnb Rental Income: $null Traditional Rental Income: $2302 Airbnb ROI: N/A Traditional ROI: 8.26%

Real Estate investment in New-castle, IN

There are 99 properties for sale in the city of New Castle . The median list price in New Castle is $294,999 and the average price per square foot is $176. In February 2026, the average monthly cash on cash return in New Castle is 8.00%. The average monthly rental income in New Castle is $1,876.

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

There are 99 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 $1,876.

Your search for investment property begins and ends here

Investment Property for Sale in New Castle, IN

4101 Jeffry St

New Castle, IN

3 beds | 1 baths | 1,404 sq.ft.

$219,900

Airbnb cash on cash: 5%

Traditional cash on cash: 6.93%

Airbnb Rental Income: $1898

Traditional Rental Income: $1796

Airbnb ROI: 5%

Traditional ROI: 6.93%

703 Broad St

New Castle, IN

4 beds | 3 baths | 6,241 sq.ft.

$170,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.76%

Airbnb Rental Income: $null

Traditional Rental Income: $1762

Airbnb ROI: N/A

Traditional ROI: 8.76%

1820 N 16th St

New Castle, IN

2 beds | 1 baths | 894 sq.ft.

$85,000

Airbnb cash on cash: 5.74%

Traditional cash on cash: 7.26%

Airbnb Rental Income: $1036

Traditional Rental Income: $801

Airbnb ROI: 5.74%

Traditional ROI: 7.26%

1404 S 23rd St

New Castle, IN

3 beds | 2 baths | 1,850 sq.ft.

$170,000

Airbnb cash on cash: 5.96%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $1898

Traditional Rental Income: $1253

Airbnb ROI: 5.96%

Traditional ROI: 5.12%

701 Hawthorn Rd

New Castle, IN

4 beds | 2 baths | 4,734 sq.ft.

$380,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.37%

Airbnb Rental Income: $null

Traditional Rental Income: $3096

Airbnb ROI: N/A

Traditional ROI: 6.37%

5362 S Old State Road 103

New Castle, IN

4 beds | 2 baths | 1,568 sq.ft.

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2002

Airbnb ROI: N/A

Traditional ROI: 10.23%

3659 S State Road 103

New Castle, IN

4 beds | 2 baths | 2,058 sq.ft.

$279,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2379

Airbnb ROI: N/A

Traditional ROI: 7.19%

404 N 20th St

New Castle, IN

3 beds | 2 baths | 1,125 sq.ft.

$164,900

Airbnb cash on cash: 6.76%

Traditional cash on cash: 7.91%

Airbnb Rental Income: $1898

Traditional Rental Income: $1573

Airbnb ROI: 6.76%