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
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%
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: 8.36% Traditional cash on cash: 9.27% Airbnb Rental Income: $1898 Traditional Rental Income: $1514 Airbnb ROI: 8.36% Traditional ROI: 9.27%
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.	$175,000	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 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.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.1% Airbnb Rental Income: $null Traditional Rental Income: $3096 Airbnb ROI: N/A Traditional ROI: 6.1%
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.	$226,000	Airbnb cash on cash: 5.04% Traditional cash on cash: 8.5% Airbnb Rental Income: $1898 Traditional Rental Income: $2131 Airbnb ROI: 5.04% Traditional ROI: 8.5%
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.	$170,000	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.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.05% Airbnb Rental Income: $null Traditional Rental Income: $2379 Airbnb ROI: N/A Traditional ROI: 7.05%
404 N 20Th Street 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.	$169,090	Airbnb cash on cash: 6.58% Traditional cash on cash: 7.7% Airbnb Rental Income: $1898 Traditional Rental Income: $1573 Airbnb ROI: 6.58% Traditional ROI: 7.7%
4517 E County Road 400 S New Castle, IN Get out of town! Here's your chance to move to the county with no down payment using USDA ...	4 beds \| 2 baths \| 1,984 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.78% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 3.78%
1062 N Mill Street 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.	$259,900	Airbnb cash on cash: 4.15% Traditional cash on cash: 7.09% Airbnb Rental Income: $1898 Traditional Rental Income: $2113 Airbnb ROI: 4.15% Traditional ROI: 7.09%
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%
711 S 11th Street New Castle, IN Timeless Charm Meets Modern Comfort! Discover this beautiful 4-bedroom, 1.5-bath tradition...	4 beds \| 2 baths \| 2,100 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.32% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 8.32%
2752 W County Road 150 N New Castle, IN Escape to peaceful country living on this beautiful 7-acre property featuring a spacious, ...	4 beds \| 3 baths \| 2,760 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $2838 Airbnb ROI: N/A Traditional ROI: 6.59%
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	$140,000	Airbnb cash on cash: 4.02% Traditional cash on cash: 7.58% Airbnb Rental Income: $1299 Traditional Rental Income: $1372 Airbnb ROI: 4.02% Traditional ROI: 7.58%
1127-1129 S 18th Street New Castle, IN Turn Key duplex rental property situated on a spacious corner lot, offering an excellent i...	N/A beds \| N/A baths \| 1,690 sq.ft.	$124,900	Airbnb cash on cash: 9.15% Traditional cash on cash: 7.42% Airbnb Rental Income: $1898 Traditional Rental Income: $1184 Airbnb ROI: 9.15% Traditional ROI: 7.42%
2406 C Avenue New Castle, IN Beautiful and well maintained home! This home has two bedrooms on the main floor and thre...	5 beds \| 1 baths \| 1,512 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.77% Airbnb Rental Income: $null Traditional Rental Income: $1634 Airbnb ROI: N/A Traditional ROI: 7.77%
1909 Cherrywood Avenue New Castle, IN Step into modern comfort with this beautifully updated 2-bedroom, 1-bath ranch, with 992 s...	2 beds \| 1 baths \| 922 sq.ft.	$144,900	Airbnb cash on cash: 2.57% Traditional cash on cash: 5.41% Airbnb Rental Income: $1036 Traditional Rental Income: $1069 Airbnb ROI: 2.57% Traditional ROI: 5.41%
821 S 17th Street New Castle, IN Step into the inviting entryway of this charming 2-story home featuring 5 bedrooms and 2 f...	5 beds \| 2 baths \| 2,192 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.99% Airbnb Rental Income: $null Traditional Rental Income: $2284 Airbnb ROI: N/A Traditional ROI: 10.99%
1610 Roosevelt Avenue New Castle, IN Very Spacious 2 bedroom 1 bath home across from Parker School & Little League Diamonds. Th...	2 beds \| 1 baths \| 1,000 sq.ft.	$149,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 7.06% Airbnb Rental Income: $1036 Traditional Rental Income: $1273 Airbnb ROI: 2.89% Traditional ROI: 7.06%

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 $172,500 and the average price per square foot is $94. In December 2025, the average monthly cash on cash return in New Castle is 8.00%. The average monthly rental income in New Castle is $1,604.

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 Long-Term is higher than the Short-Term in New-castle with average rental income of $1,604.

Your search for investment property begins and ends here

Investment Property for Sale in New Castle, IN

1535 Bundy Avenue

New Castle, IN

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%

1316 S 19th Street

New Castle, IN

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

$139,000

Airbnb cash on cash: 8.36%

Traditional cash on cash: 9.27%

Airbnb Rental Income: $1898

Traditional Rental Income: $1514

Airbnb ROI: 8.36%

Traditional ROI: 9.27%

1404 S 23rd Street

New Castle, IN

3 beds | 2 baths | 840 sq.ft.

$175,000

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 Road

New Castle, IN

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

$395,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.1%

Airbnb Rental Income: $null

Traditional Rental Income: $3096

Airbnb ROI: N/A

Traditional ROI: 6.1%

317 S 22nd Street

New Castle, IN

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

$226,000

Airbnb cash on cash: 5.04%

Traditional cash on cash: 8.5%

Airbnb Rental Income: $1898

Traditional Rental Income: $2131

Airbnb ROI: 5.04%

Traditional ROI: 8.5%

5362 S Old State Road 103

New Castle, IN

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

$170,000

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.

$284,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2379

Airbnb ROI: N/A

Traditional ROI: 7.05%

404 N 20Th Street

New Castle, IN

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

$169,090

Airbnb cash on cash: 6.58%

Traditional cash on cash: 7.7%

Airbnb Rental Income: $1898

Traditional Rental Income: $1573

Airbnb ROI: 6.58%