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

separator

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: 0.38% Traditional cash on cash: 1.82% Airbnb Rental Income: $2056 Traditional Rental Income: $2449 Airbnb ROI: 0.38% Traditional ROI: 1.82%
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: 0.54% Traditional cash on cash: 2.23% Airbnb Rental Income: $2056 Traditional Rental Income: $2731 Airbnb ROI: 0.54% 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: $966 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: 0.52% Traditional cash on cash: 1.83% Airbnb Rental Income: $2056 Traditional Rental Income: $2028 Airbnb ROI: 0.52% 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: 2.09% Traditional cash on cash: 0.49% Airbnb Rental Income: $2056 Traditional Rental Income: $940 Airbnb ROI: 2.09% Traditional ROI: 0.49%
164 N Wildhorse Drive New Castle, CO Welcome home to this beautifully maintained residence in the sought after Castle Valley Ra...	3 beds \| 2 baths \| 1,543 sq.ft.	$826,167	Airbnb cash on cash: 0.43% Traditional cash on cash: 1.36% Airbnb Rental Income: $2056 Traditional Rental Income: $2239 Airbnb ROI: 0.43% Traditional ROI: 1.36%
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: 1.04% Traditional cash on cash: -0.25% Airbnb Rental Income: $2056 Traditional Rental Income: $852 Airbnb ROI: 1.04% Traditional ROI: -0.25%
247 E Capital Court New Castle, CO Welcome to Villas at the Peaks in desirable Castle Valley Ranch! This well-maintained 3-be...	3 beds \| 3 baths \| 1,392 sq.ft.	$559,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 2.69% Airbnb Rental Income: $2056 Traditional Rental Income: $2256 Airbnb ROI: 1.29% Traditional ROI: 2.69%
279 Lupine Drive New Castle, CO Tucked into a quiet interior lot in New Castle, this beautifully updated ranch-style home ...	3 beds \| 2 baths \| 1,408 sq.ft.	$693,500	Airbnb cash on cash: 0.82% Traditional cash on cash: 1.92% Airbnb Rental Income: $2056 Traditional Rental Income: $2240 Airbnb ROI: 0.82% Traditional ROI: 1.92%
790 Castle Valley Boulevard #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.	$395,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 1.98% Airbnb Rental Income: $966 Traditional Rental Income: $1295 Airbnb ROI: 0.15% Traditional ROI: 1.98%
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.	$599,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 2.06% Airbnb Rental Income: $2056 Traditional Rental Income: $1939 Airbnb ROI: 1.32% Traditional ROI: 2.06%
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: 1.2% Traditional cash on cash: 3.29% Airbnb Rental Income: $2056 Traditional Rental Income: $2657 Airbnb ROI: 1.2% Traditional ROI: 3.29%
15805 County Road 245 New Castle, CO This High Country Cabin offers year-round access to the Flat Top Mountains, nestled on 39....	5 beds \| 3 baths \| 1,904 sq.ft.	$1,695,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.28% Airbnb Rental Income: $null Traditional Rental Income: $2781 Airbnb ROI: N/A Traditional ROI: 0.28%
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: 0.4% Traditional cash on cash: 1.85% Airbnb Rental Income: $2056 Traditional Rental Income: $2673 Airbnb ROI: 0.4% Traditional ROI: 1.85%
40 Whitetail Drive New Castle, CO Breaking ground in August 2025, with a proposed completion date of June 2026, this half du...	3 beds \| 3 baths \| 1,817 sq.ft.	$850,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 1.85% Airbnb Rental Income: $2056 Traditional Rental Income: $2673 Airbnb ROI: 0.4% 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: $966 Traditional Rental Income: $2756 Airbnb ROI: -0.98% Traditional ROI: 2.3%
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: 0.65% Traditional cash on cash: 2.42% Airbnb Rental Income: $2056 Traditional Rental Income: $2749 Airbnb ROI: 0.65% 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: -0.03% Traditional cash on cash: 2.35% Airbnb Rental Income: $2206 Traditional Rental Income: $4011 Airbnb ROI: -0.03% 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%
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: 2.69% Traditional cash on cash: 2.95% Airbnb Rental Income: $2056 Traditional Rental Income: $1625 Airbnb ROI: 2.69% Traditional ROI: 2.95%
433 RIVER VIEW Drive #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.	$405,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 4.23% Airbnb Rental Income: $966 Traditional Rental Income: $2296 Airbnb ROI: -0.19% Traditional ROI: 4.23%
0156 Comanchero Trail New Castle, CO This well-maintained 3-bedroom, 2-full-bath home offers comfort, functionality, and except...	3 beds \| 2 baths \| 1,458 sq.ft.	$479,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 3.7% Airbnb Rental Income: $2056 Traditional Rental Income: $2323 Airbnb ROI: 1.92% Traditional ROI: 3.7%
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: 0.64% Traditional cash on cash: 2% Airbnb Rental Income: $2056 Traditional Rental Income: $2594 Airbnb ROI: 0.64% 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.	$2,199,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.08% Airbnb Rental Income: $2206 Traditional Rental Income: $8886 Airbnb ROI: -0.46% Traditional ROI: 3.08%
143 N 7th Street #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.	$212,000	Airbnb cash on cash: 5.68% Traditional cash on cash: 7.65% Airbnb Rental Income: $2056 Traditional Rental Income: $1920 Airbnb ROI: 5.68% Traditional ROI: 7.65%
511 Riverview Drive #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.	$375,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 4.46% Airbnb Rental Income: $966 Traditional Rental Income: $2279 Airbnb ROI: -0.27% Traditional ROI: 4.46%
60 Deer Valley Drive New Castle, CO LOWEST PRICED HOME IN LAKOTA! Backing to the 11th Fairway! This beautifully finished 3-bed...	3 beds \| 4 baths \| 2,173 sq.ft.	$765,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.11% Airbnb Rental Income: $2056 Traditional Rental Income: $3303 Airbnb ROI: 0.62% Traditional ROI: 3.11%
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.	$625,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 2.23% Airbnb Rental Income: $2056 Traditional Rental Income: $2221 Airbnb ROI: 1.04% Traditional ROI: 2.23%
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: -0.31% Traditional cash on cash: 3.38% Airbnb Rental Income: $966 Traditional Rental Income: $1983 Airbnb ROI: -0.31% 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: 1.16% Traditional cash on cash: 2.99% Airbnb Rental Income: $2056 Traditional Rental Income: $2509 Airbnb ROI: 1.16% Traditional ROI: 2.99%
410 River View Drive #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: -0.11% Traditional cash on cash: 3.39% Airbnb Rental Income: $966 Traditional Rental Income: $1927 Airbnb ROI: -0.11% 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: 0.43% Traditional cash on cash: 1.9% Airbnb Rental Income: $2206 Traditional Rental Income: $3001 Airbnb ROI: 0.43% Traditional ROI: 1.9%
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: $966 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: $966 Traditional Rental Income: $1956 Airbnb ROI: -0.31% Traditional ROI: 3.31%
5033 County Road 335 #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.	$164,900	Airbnb cash on cash: 8% Traditional cash on cash: 11.29% Airbnb Rental Income: $2056 Traditional Rental Income: $2042 Airbnb ROI: 8% Traditional ROI: 11.29%
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: -0.01% Traditional cash on cash: 3.78% Airbnb Rental Income: $966 Traditional Rental Income: $2022 Airbnb ROI: -0.01% 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: 0.58% Traditional cash on cash: 1.94% Airbnb Rental Income: $2056 Traditional Rental Income: $2506 Airbnb ROI: 0.58% Traditional ROI: 1.94%
706 Oak Court New Castle, CO Wonderful opportunity to own a 4 bed 3 bath on .24 acres in Castle Valley Ranch. Private e...	4 beds \| 3 baths \| 1,956 sq.ft.	$810,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 2.32% Airbnb Rental Income: $2206 Traditional Rental Income: $2907 Airbnb ROI: 0.65% Traditional ROI: 2.32%
829 Ute Circle New Castle, CO Experience exceptional craftsmanship in this quality-built home located in one of the area...	4 beds \| 4 baths \| 3,518 sq.ft.	$1,298,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 2.32% Airbnb Rental Income: $2206 Traditional Rental Income: $4406 Airbnb ROI: 0.03% Traditional ROI: 2.32%

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 $395,000 and the average price per square foot is $237. In May 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: 0.38%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $2056

Traditional Rental Income: $2449

Airbnb ROI: 0.38%

Traditional ROI: 1.82%

121 White Horse Drive

New Castle, CO

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

$769,000

Airbnb cash on cash: 0.54%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $2056

Traditional Rental Income: $2731

Airbnb ROI: 0.54%

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: $966

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: 0.52%

Traditional cash on cash: 1.83%

Airbnb Rental Income: $2056

Traditional Rental Income: $2028

Airbnb ROI: 0.52%

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: 2.09%

Traditional cash on cash: 0.49%

Airbnb Rental Income: $2056

Traditional Rental Income: $940

Airbnb ROI: 2.09%

Traditional ROI: 0.49%

164 N Wildhorse Drive

New Castle, CO

3 beds | 2 baths | 1,543 sq.ft.

$826,167

Airbnb cash on cash: 0.43%

Traditional cash on cash: 1.36%

Airbnb Rental Income: $2056

Traditional Rental Income: $2239

Airbnb ROI: 0.43%

Traditional ROI: 1.36%

682 Alder Ridge Lane

New Castle, CO

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

$560,000

Airbnb cash on cash: 1.04%

Traditional cash on cash: -0.25%

Airbnb Rental Income: $2056

Traditional Rental Income: $852

Airbnb ROI: 1.04%

Traditional ROI: -0.25%

247 E Capital Court

New Castle, CO

3 beds | 3 baths | 1,392 sq.ft.

$559,000

Airbnb cash on cash: 1.29%

Traditional cash on cash: 2.69%

Airbnb Rental Income: $2056

Traditional Rental Income: $2256

Airbnb ROI: 1.29%