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
215 Lupine Drive New Castle, CO Motivated Seller Opportunity awaits at 215 Lupine Drive! This 3-bedroom, 2-bath home off...	3 beds \| 2 baths \| 1,527 sq.ft.	$599,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 2.44% Airbnb Rental Income: $2977 Traditional Rental Income: $2295 Airbnb ROI: 2.43% Traditional ROI: 2.44%
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: 1.58% Traditional cash on cash: 1.82% Airbnb Rental Income: $2977 Traditional Rental Income: $2449 Airbnb ROI: 1.58% Traditional ROI: 1.82%
99 Redstone Drive New Castle, CO Fresh, well-kept, and cared for by its original owner, this 3-bedroom, 2.5-bath Castle Val...	3 beds \| 3 baths \| 1,624 sq.ft.	$700,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 1.84% Airbnb Rental Income: $2977 Traditional Rental Income: $2491 Airbnb ROI: 1.53% Traditional ROI: 1.84%
323 Faas Ranch Road New Castle, CO Meticulously maintained and truly move-in ready, this beautiful home in Lakota Canyon Ranc...	3 beds \| 3 baths \| 2,772 sq.ft.	$995,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 1.67% Airbnb Rental Income: $2977 Traditional Rental Income: $2925 Airbnb ROI: 0.99% Traditional ROI: 1.67%
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: 1.65% Traditional cash on cash: 2.27% Airbnb Rental Income: $2977 Traditional Rental Income: $2731 Airbnb ROI: 1.65% 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: 1.72% Traditional cash on cash: 3.39% Airbnb Rental Income: $1848 Traditional Rental Income: $1961 Airbnb ROI: 1.72% 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.	$410,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 2.6% Airbnb Rental Income: $1848 Traditional Rental Income: $1751 Airbnb ROI: 1.56% Traditional ROI: 2.6%
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: 2.02% Traditional cash on cash: 1.55% Airbnb Rental Income: $1848 Traditional Rental Income: $1178 Airbnb ROI: 2.02% 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: 4.19% Traditional cash on cash: 0.49% Airbnb Rental Income: $2977 Traditional Rental Income: $940 Airbnb ROI: 4.19% 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: 1.52% Traditional cash on cash: 1.45% Airbnb Rental Income: $2977 Traditional Rental Income: $2239 Airbnb ROI: 1.52% 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: 2.6% Traditional cash on cash: -0.23% Airbnb Rental Income: $2977 Traditional Rental Income: $852 Airbnb ROI: 2.6% 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: 1.12% Traditional cash on cash: 3.52% Airbnb Rental Income: $1317 Traditional Rental Income: $1652 Airbnb ROI: 1.12% 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.	$685,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 1.96% Airbnb Rental Income: $2977 Traditional Rental Income: $2240 Airbnb ROI: 2.04% Traditional ROI: 1.96%
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: 2.13% Traditional cash on cash: 1.98% Airbnb Rental Income: $1848 Traditional Rental Income: $1295 Airbnb ROI: 2.13% Traditional ROI: 1.98%
623 Ginseng Road New Castle, CO This sweet sanctuary on Ginseng has been lovingly updated with a creative and stylish flar...	4 beds \| 2 baths \| 1,920 sq.ft.	$685,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 2.1% Airbnb Rental Income: $3057 Traditional Rental Income: $2344 Airbnb ROI: 2.13% Traditional ROI: 2.1%
138 N 7th Street New Castle, CO Enjoy downtown living in this fully renovated New Castle home. This house is 3 bed, 2 bath...	3 beds \| 2 baths \| 1,056 sq.ft.	$589,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 2.11% Airbnb Rental Income: $2977 Traditional Rental Income: $1939 Airbnb ROI: 2.75% Traditional ROI: 2.11%
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: 2.61% Traditional cash on cash: 3.29% Airbnb Rental Income: $2977 Traditional Rental Income: $2657 Airbnb ROI: 2.61% 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: N/A Traditional cash on cash: 2% Airbnb Rental Income: $null Traditional Rental Income: $2673 Airbnb ROI: N/A Traditional ROI: 2%
40 Whitetail Drive New Castle, CO With a proposed completion date of August 2026, this half duplex offers the mountain style...	3 beds \| 3 baths \| 1,817 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 2% Airbnb Rental Income: $null Traditional Rental Income: $2673 Airbnb ROI: N/A Traditional ROI: 2%
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: 0.15% Traditional cash on cash: 2.3% Airbnb Rental Income: $1848 Traditional Rental Income: $2756 Airbnb ROI: 0.15% Traditional ROI: 2.3%
390 Jenny Place New Castle, CO Experience refined mountain living in this beautifully appointed 5-bedroom, 3-bath residen...	5 beds \| 3 baths \| 3,512 sq.ft.	$895,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $4166 Airbnb ROI: N/A Traditional ROI: 3.57%
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.	$722,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 2.52% Airbnb Rental Income: $2977 Traditional Rental Income: $2749 Airbnb ROI: 1.84% Traditional ROI: 2.52%
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.	$749,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.18% Airbnb Rental Income: $null Traditional Rental Income: $3987 Airbnb ROI: N/A Traditional ROI: 4.18%
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: 9.5% Traditional cash on cash: 7.65% Airbnb Rental Income: $2977 Traditional Rental Income: $1920 Airbnb ROI: 9.5% Traditional ROI: 7.65%
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: 1.82% Traditional cash on cash: 4.46% Airbnb Rental Income: $1848 Traditional Rental Income: $2279 Airbnb ROI: 1.82% Traditional ROI: 4.46%
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: 1.68% Traditional cash on cash: 3.38% Airbnb Rental Income: $1848 Traditional Rental Income: $1983 Airbnb ROI: 1.68% 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: 1.2% Traditional cash on cash: 1.9% Airbnb Rental Income: $3057 Traditional Rental Income: $3001 Airbnb ROI: 1.2% 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.	$410,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 2.86% Airbnb Rental Income: $1848 Traditional Rental Income: $1854 Airbnb ROI: 1.56% Traditional ROI: 2.86%
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: 2.09% Traditional cash on cash: 3.97% Airbnb Rental Income: $1848 Traditional Rental Income: $2022 Airbnb ROI: 2.09% Traditional ROI: 3.97%
51 Redstone Drive New Castle, CO Perfect starter home or ready to get rid of those stairs and have one-level living? Search...	2 beds \| 2 baths \| 1,110 sq.ft.	$495,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 2.5% Airbnb Rental Income: $1848 Traditional Rental Income: $1923 Airbnb ROI: 1.26% Traditional ROI: 2.5%
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.	$1,375,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 1.36% Airbnb Rental Income: $3057 Traditional Rental Income: $3288 Airbnb ROI: 0.63% Traditional ROI: 1.36%
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: 1.11% Traditional cash on cash: 1.78% Airbnb Rental Income: $2977 Traditional Rental Income: $2882 Airbnb ROI: 1.11% 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: 2.12% Traditional cash on cash: 2.02% Airbnb Rental Income: $2977 Traditional Rental Income: $2225 Airbnb ROI: 2.12% 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: 1.18% Traditional cash on cash: 1.81% Airbnb Rental Income: $2977 Traditional Rental Income: $2821 Airbnb ROI: 1.18% 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: 1.46% Traditional cash on cash: 1.31% Airbnb Rental Income: $2977 Traditional Rental Income: $2173 Airbnb ROI: 1.46% 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: 1.05% Traditional cash on cash: 1.96% Airbnb Rental Income: $3057 Traditional Rental Income: $3204 Airbnb ROI: 1.05% Traditional ROI: 1.96%
3490 County Road 311 New Castle, CO Here is your opportunity to own a home in Colorado on 14 acres that backs up to BLM! This ...	3 beds \| 3 baths \| 2,124 sq.ft.	$889,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 1.88% Airbnb Rental Income: $2977 Traditional Rental Income: $2876 Airbnb ROI: 1.18% Traditional ROI: 1.88%
608 Lariat Loop New Castle, CO Welcome to 608 Lariat Loop, a beautifully maintained 3-bedroom, 3 full-bath ranch home loc...	3 beds \| 3 baths \| 1,412 sq.ft.	$679,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 2.09% Airbnb Rental Income: $2977 Traditional Rental Income: $2333 Airbnb ROI: 2.03% Traditional ROI: 2.09%

Real Estate investment in New-castle, CO

There are 61 properties for sale in the city of New Castle . The median list price in New Castle is $579,653 and the average price per square foot is $338. In August 2026, the average monthly cash on cash return in New Castle is 2.00%. The average monthly rental income in New Castle is $2,383.

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

There are 61 investment properties available for sale in New-castle.

In 2026, 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 $2,977.

Your search for investment property begins and ends here

Investment Property for Sale in New Castle, CO

215 Lupine Drive

New Castle, CO

3 beds | 2 baths | 1,527 sq.ft.

$599,000

Airbnb cash on cash: 2.43%

Traditional cash on cash: 2.44%

Airbnb Rental Income: $2977

Traditional Rental Income: $2295

Airbnb ROI: 2.43%

Traditional ROI: 2.44%

123 Redstone Drive

New Castle, CO

3 beds | 3 baths | 1,624 sq.ft.

$685,000

Airbnb cash on cash: 1.58%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $2977

Traditional Rental Income: $2449

Airbnb ROI: 1.58%

Traditional ROI: 1.82%

99 Redstone Drive

New Castle, CO

3 beds | 3 baths | 1,624 sq.ft.

$700,000

Airbnb cash on cash: 1.53%

Traditional cash on cash: 1.84%

Airbnb Rental Income: $2977

Traditional Rental Income: $2491

Airbnb ROI: 1.53%

Traditional ROI: 1.84%

323 Faas Ranch Road

New Castle, CO

3 beds | 3 baths | 2,772 sq.ft.

$995,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $2977

Traditional Rental Income: $2925

Airbnb ROI: 0.99%

Traditional ROI: 1.67%

121 White Horse Drive

New Castle, CO

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

$759,000

Airbnb cash on cash: 1.65%

Traditional cash on cash: 2.27%

Airbnb Rental Income: $2977

Traditional Rental Income: $2731

Airbnb ROI: 1.65%

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: 1.72%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $1848

Traditional Rental Income: $1961

Airbnb ROI: 1.72%

Traditional ROI: 3.39%

560 River View Drive #704

New Castle, CO

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

$410,000

Airbnb cash on cash: 1.56%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $1848

Traditional Rental Income: $1751

Airbnb ROI: 1.56%

Traditional ROI: 2.6%

525 N Midland Avenue #3

New Castle, CO

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

$395,000

Airbnb cash on cash: 2.02%

Traditional cash on cash: 1.55%

Airbnb Rental Income: $1848

Traditional Rental Income: $1178

Airbnb ROI: 2.02%