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: 0.43% Traditional cash on cash: 1.82% Airbnb Rental Income: $2095 Traditional Rental Income: $2449 Airbnb ROI: 0.43% 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.	$759,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 2.27% Airbnb Rental Income: $2095 Traditional Rental Income: $2731 Airbnb ROI: 0.61% Traditional ROI: 2.27%
560 River View Drive #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.	$389,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 3.39% Airbnb Rental Income: $1617 Traditional Rental Income: $1961 Airbnb ROI: 1.19% Traditional ROI: 3.39%
560 River View Drive #704 New Castle, CO The most extensively updated condo in River Park. This move-in-ready 2-bedroom, 2-bathroom...	2 beds \| 2 baths \| 1,056 sq.ft.	$435,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 2.39% Airbnb Rental Income: $1617 Traditional Rental Income: $1751 Airbnb ROI: 0.94% Traditional ROI: 2.39%
525 N Midland Avenue #3 New Castle, CO This is the sweet townhome you have been waiting for and your entry into the Roaring Fork ...	2 beds \| 2 baths \| 1,056 sq.ft.	$395,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 1.55% Airbnb Rental Income: $1617 Traditional Rental Income: $1178 Airbnb ROI: 1.5% Traditional ROI: 1.55%
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: 2.18% Traditional cash on cash: 0.49% Airbnb Rental Income: $2095 Traditional Rental Income: $940 Airbnb ROI: 2.18% 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.	$795,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 1.45% Airbnb Rental Income: $2095 Traditional Rental Income: $2239 Airbnb ROI: 0.53% Traditional ROI: 1.45%
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.	$545,000	Airbnb cash on cash: 1.16% Traditional cash on cash: -0.23% Airbnb Rental Income: $2095 Traditional Rental Income: $852 Airbnb ROI: 1.16% Traditional ROI: -0.23%
386 W Main Street #6 New Castle, CO Enjoy the convenience of downtown New Castle in this spacious 1-bedroom, 1-bath condominiu...	1 beds \| 1 baths \| 840 sq.ft.	$329,950	Airbnb cash on cash: 1.85% Traditional cash on cash: 3.52% Airbnb Rental Income: $1587 Traditional Rental Income: $1652 Airbnb ROI: 1.85% Traditional ROI: 3.52%
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: 0.87% Traditional cash on cash: 1.92% Airbnb Rental Income: $2095 Traditional Rental Income: $2240 Airbnb ROI: 0.87% 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: 1.61% Traditional cash on cash: 1.98% Airbnb Rental Income: $1617 Traditional Rental Income: $1295 Airbnb ROI: 1.61% Traditional ROI: 1.98%
823 Mountain View Drive New Castle, CO Stunning Remodeled Oasis in Castle Valley Ranch Experience the perfect blend of modern lux...	4 beds \| 3 baths \| 2,237 sq.ft.	$925,000	Airbnb cash on cash: -0.12% Traditional cash on cash: -0.36% Airbnb Rental Income: $1605 Traditional Rental Income: $948 Airbnb ROI: -0.12% Traditional ROI: -0.36%
8153 County Rd 312 New Castle, CO Perched along picturesque Garfield Creek, this newly remodeled 5-bedroom, 3.5-bathroom hom...	5 beds \| 4 baths \| 4,146 sq.ft.	$1,565,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.12% Airbnb Rental Income: $null Traditional Rental Income: $6559 Airbnb ROI: N/A Traditional ROI: 3.12%
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: 1.38% Traditional cash on cash: 2.06% Airbnb Rental Income: $2095 Traditional Rental Income: $1939 Airbnb ROI: 1.38% 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: 1.26% Traditional cash on cash: 3.29% Airbnb Rental Income: $2095 Traditional Rental Income: $2657 Airbnb ROI: 1.26% Traditional ROI: 3.29%
15805 County Road 245 New Castle, CO This High Country ranch 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! With a proposed completion d...	3 beds \| 3 baths \| 1,822 sq.ft.	$850,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 1.85% Airbnb Rental Income: $2095 Traditional Rental Income: $2673 Airbnb ROI: 0.44% Traditional ROI: 1.85%
40 Whitetail Drive New Castle, CO With a proposed completion date of June 2026, this half duplex offers the mountain style e...	3 beds \| 3 baths \| 1,817 sq.ft.	$850,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 1.85% Airbnb Rental Income: $2095 Traditional Rental Income: $2673 Airbnb ROI: 0.44% 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: -0.14% Traditional cash on cash: 2.3% Airbnb Rental Income: $1617 Traditional Rental Income: $2756 Airbnb ROI: -0.14% Traditional ROI: 2.3%
228 N 7th Street New Castle, CO Town approved short-term rental with flexible floor plan, six off-street parking spaces, a...	3 beds \| 2 baths \| 1,920 sq.ft.	$742,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 2.42% Airbnb Rental Income: $2095 Traditional Rental Income: $2749 Airbnb ROI: 0.7% Traditional ROI: 2.42%
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.	$1,795,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.06% Airbnb Rental Income: $null Traditional Rental Income: $7471 Airbnb ROI: N/A Traditional ROI: 3.06%
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.	$774,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.02% Airbnb Rental Income: $null Traditional Rental Income: $3987 Airbnb ROI: N/A Traditional ROI: 4.02%
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: 1.99% Traditional cash on cash: 3.7% Airbnb Rental Income: $2095 Traditional Rental Income: $2323 Airbnb ROI: 1.99% Traditional ROI: 3.7%
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: 5.84% Traditional cash on cash: 7.65% Airbnb Rental Income: $2095 Traditional Rental Income: $1920 Airbnb ROI: 5.84% Traditional ROI: 7.65%
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.	$879,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 1.62% Airbnb Rental Income: $2095 Traditional Rental Income: $2408 Airbnb ROI: 0.58% Traditional ROI: 1.62%
511 Riverview Drive #1404 New Castle, CO This rare ground-level unit offers the ease of single-floor living -- no stairs, no elevat...	2 beds \| 2 baths \| 1,056 sq.ft.	$375,000	Airbnb cash on cash: 1.27% Traditional cash on cash: 4.46% Airbnb Rental Income: $1617 Traditional Rental Income: $2279 Airbnb ROI: 1.27% 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: 0.66% Traditional cash on cash: 3.11% Airbnb Rental Income: $2095 Traditional Rental Income: $3303 Airbnb ROI: 0.66% Traditional ROI: 3.11%
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: 1.16% Traditional cash on cash: 3.38% Airbnb Rental Income: $1617 Traditional Rental Income: $1983 Airbnb ROI: 1.16% Traditional ROI: 3.38%
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: -0.12% Traditional cash on cash: 1.9% Airbnb Rental Income: $1605 Traditional Rental Income: $3001 Airbnb ROI: -0.12% Traditional ROI: 1.9%
560 River View Drive 704 New Castle, CO The most extensively updated condo in River Park. This move-in-ready 2-bedroom, 2-bathroom...	2 beds \| 2 baths \| 1,056 sq.ft.	$435,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 2.65% Airbnb Rental Income: $1617 Traditional Rental Income: $1854 Airbnb ROI: 0.94% Traditional ROI: 2.65%
790 Castle Valley Boulevard #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.	$380,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.97% Airbnb Rental Income: $1617 Traditional Rental Income: $2022 Airbnb ROI: 1.55% Traditional ROI: 3.97%
51 Redstone Drive New Castle, CO THIS INCREDIBLE TOWNHOME IS BACK ON THE MARKET DUE TO BUYER'S FINANCING AND DUE TO NO FAUL...	2 beds \| 2 baths \| 1,110 sq.ft.	$510,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 2.4% Airbnb Rental Income: $1617 Traditional Rental Income: $1923 Airbnb ROI: 0.79% Traditional ROI: 2.4%
342 Faas Ranch Road New Castle, CO The one you have been waiting for! 342 Faas Ranch Road is a brand new 2026 construction co...	4 beds \| 3 baths \| 2,760 sq.ft.	$1,400,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 1.31% Airbnb Rental Income: $1605 Traditional Rental Income: $3288 Airbnb ROI: -0.33% Traditional ROI: 1.31%
28 Broken Wing Drive New Castle, CO This inviting home features panoramic mountain views and a tranquil setting that overlooks...	3 beds \| 3 baths \| 2,875 sq.ft.	$949,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 1.78% Airbnb Rental Income: $2095 Traditional Rental Income: $2882 Airbnb ROI: 0.28% Traditional ROI: 1.78%
164 Current Drive New Castle, CO Charming Tri-level home nestled in a quiet neighborhood with mature trees, mountain views,...	3 beds \| 2 baths \| 1,344 sq.ft.	$677,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 2.02% Airbnb Rental Income: $2095 Traditional Rental Income: $2225 Airbnb ROI: 0.96% Traditional ROI: 2.02%
541 Wagon Wheel Circle New Castle, CO Welcome to this rare single-level home with a 3-car garage and a spacious backyard that ba...	3 beds \| 3 baths \| 2,015 sq.ft.	$898,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 1.81% Airbnb Rental Income: $2095 Traditional Rental Income: $2821 Airbnb ROI: 0.3% Traditional ROI: 1.81%
57 Ute Avenue New Castle, CO Charming ranch-style home situated on nearly half an acre, offering the perfect blend of c...	3 beds \| 2 baths \| 1,365 sq.ft.	$865,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 1.31% Airbnb Rental Income: $2095 Traditional Rental Income: $2173 Airbnb ROI: 0.55% Traditional ROI: 1.31%
501 S Wildhorse Drive New Castle, CO Move in ready and priced to sell, this beautiful and stylish ranch home with a full baseme...	4 beds \| 3 baths \| 3,600 sq.ft.	$995,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.96% Airbnb Rental Income: $1605 Traditional Rental Income: $3204 Airbnb ROI: -0.26% Traditional ROI: 1.96%
610 E 1st New Castle, CO Beautiful 3 bedroom, 3 bath home in New Castle backing directly to the Mt. Medaris Trail w...	3 beds \| 3 baths \| 2,368 sq.ft.	$795,950	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.77% Airbnb Rental Income: $2095 Traditional Rental Income: $3189 Airbnb ROI: 0.57% Traditional ROI: 2.77%
3490 County Road 311 New Castle, CO Here is your opportunity to own a home in Colorado that backs up to BLM! This home has it'...	3 beds \| 3 baths \| 2,124 sq.ft.	$889,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 1.88% Airbnb Rental Income: $2095 Traditional Rental Income: $2876 Airbnb ROI: 0.29% Traditional ROI: 1.88%

Real Estate investment in New-castle, CO

There are 52 properties for sale in the city of New Castle . The median list price in New Castle is $620,679 and the average price per square foot is $369. In June 2026, the average monthly cash on cash return in New Castle is 2.00%. The average monthly rental income in New Castle is $2,333.

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

There are 52 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 $2,333.

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: 0.43%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $2095

Traditional Rental Income: $2449

Airbnb ROI: 0.43%

Traditional ROI: 1.82%

121 White Horse Drive

New Castle, CO

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

$759,000

Airbnb cash on cash: 0.61%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $2095

Traditional Rental Income: $2731

Airbnb ROI: 0.61%

Traditional ROI: 2.27%

560 River View Drive #706

New Castle, CO

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

$389,000

Airbnb cash on cash: 1.19%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $1617

Traditional Rental Income: $1961

Airbnb ROI: 1.19%

Traditional ROI: 3.39%

560 River View Drive #704

New Castle, CO

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

$435,000

Airbnb cash on cash: 0.94%

Traditional cash on cash: 2.39%

Airbnb Rental Income: $1617

Traditional Rental Income: $1751

Airbnb ROI: 0.94%

Traditional ROI: 2.39%

525 N Midland Avenue #3

New Castle, CO

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

$395,000

Airbnb cash on cash: 1.5%

Traditional cash on cash: 1.55%

Airbnb Rental Income: $1617

Traditional Rental Income: $1178

Airbnb ROI: 1.5%

Traditional ROI: 1.55%

488 River View Drive #407

New Castle, CO

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

$390,000

Airbnb cash on cash: 2.18%

Traditional cash on cash: 0.49%

Airbnb Rental Income: $2095

Traditional Rental Income: $940

Airbnb ROI: 2.18%

Traditional ROI: 0.49%

164 N Wildhorse Drive

New Castle, CO

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

$795,000

Airbnb cash on cash: 0.53%

Traditional cash on cash: 1.45%

Airbnb Rental Income: $2095

Traditional Rental Income: $2239

Airbnb ROI: 0.53%

Traditional ROI: 1.45%

682 Alder Ridge Lane

New Castle, CO

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

$545,000

Airbnb cash on cash: 1.16%

Traditional cash on cash: -0.23%

Airbnb Rental Income: $2095

Traditional Rental Income: $852

Airbnb ROI: 1.16%