Real Estate Investment Properties for Sale in New Castle, VA

Looking for investment property in New Castle, VA with high ROI ?

Explore a variety of short-term homes & houses in New Castle, VA. Invest wisely with VRBO & New Castle, VA 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, VA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
293 Holcombe Ave New Castle, VA Magazine-pretty and move-in ready - thoughtfully renovated Craig County ranch under $250K....	3 beds \| 2 baths \| 1,728 sq.ft.	$239,950	Airbnb cash on cash: N/A Traditional cash on cash: 8.85% Airbnb Rental Income: $null Traditional Rental Income: $2385 Airbnb ROI: N/A Traditional ROI: 8.85%
51 Railroad Ave New Castle, VA Affordable small town living with flexible space and practical features. This home offers ...	4 beds \| 1 baths \| 1,050 sq.ft.	$229,950	Airbnb cash on cash: N/A Traditional cash on cash: 6.4% Airbnb Rental Income: $null Traditional Rental Income: $1789 Airbnb ROI: N/A Traditional ROI: 6.4%
574 Bear Hollow Trail New Castle, VA Private Log Cabin Bordering National Forest - Escape to this stunning two-story log cabin ...	3 beds \| 2 baths \| 2,018 sq.ft.	$579,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.4% Airbnb Rental Income: $null Traditional Rental Income: $2626 Airbnb ROI: N/A Traditional ROI: 3.4%
79 Holcombe Ave New Castle, VA Immaculate 3 BR Brick home in the heart of New Castle, Va. This home has been almost compl...	3 beds \| 2 baths \| 2,286 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $2578 Airbnb ROI: N/A Traditional ROI: 7.4%
317 Craig Creek Estates Dr New Castle, VA 317 Craig Creek Estates Dr, New Castle, VA 24127 \| Single Family Residential	3 beds \| 2 baths \| 2,706 sq.ft.	$339,875	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $2314 Airbnb ROI: N/A Traditional ROI: 5.14%
TBD Black Diamond Dr New Castle, VA TBD Black Diamond Dr, New Castle, VA 24127 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 4.45% Airbnb Rental Income: $564 Traditional Rental Income: $911 Airbnb ROI: -0.78% Traditional ROI: 4.45%
023 Johns Creek Rd New Castle, VA 023 Johns Creek Rd, New Castle, VA 24127 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 3.76% Airbnb Rental Income: $564 Traditional Rental Income: $825 Airbnb ROI: -0.75% Traditional ROI: 3.76%
045 Black Diamond Dr NW New Castle, VA 045 Black Diamond Dr NW, New Castle, VA 24127 \| Other	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 4.34% Airbnb Rental Income: $564 Traditional Rental Income: $948 Airbnb ROI: -0.46% Traditional ROI: 4.34%
Lot 45 Black Diamond Dr New Castle, VA Lot 45 Black Diamond Dr, New Castle, VA 24127 \| Other	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.47% Airbnb Rental Income: $564 Traditional Rental Income: $826 Airbnb ROI: -0.46% Traditional ROI: 3.47%
384 Easy Slope Ln New Castle, VA Custom Built Contemporary on 15 acres featuring a massive floor to ceiling stone chimney, ...	3 beds \| 3 baths \| 2,420 sq.ft.	$679,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.36% Airbnb Rental Income: $null Traditional Rental Income: $3006 Airbnb ROI: N/A Traditional ROI: 3.36%
154 Mitchell Dr New Castle, VA Historic charm, modern updates, and incredible views - a must-see! Step into a piece of hi...	4 beds \| 3 baths \| 2,883 sq.ft.	$689,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.61% Airbnb Rental Income: $null Traditional Rental Income: $3107 Airbnb ROI: N/A Traditional ROI: 3.61%
91 Homestead Rd New Castle, VA MUST SEE! Available again at no fault to Seller/property! Spacious 4 bed, 2 bath home with...	4 beds \| 2 baths \| 2,079 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.01% Airbnb Rental Income: $null Traditional Rental Income: $2767 Airbnb ROI: N/A Traditional ROI: 9.01%
11309 Cumberland Gap Road New Castle, VA Come explore the charm of this elegant home tucked away on 10 private acres just 30 minute...	4 beds \| 2 baths \| 2,147 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.23% Airbnb Rental Income: $null Traditional Rental Income: $2408 Airbnb ROI: N/A Traditional ROI: 2.23%
109 Berties Bottom Ln New Castle, VA Looking for peaceful country living without sacrificing convenience? This stunning 5-acre ...	3 beds \| 2 baths \| 1,500 sq.ft.	$549,950	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $2604 Airbnb ROI: N/A Traditional ROI: 3.52%
93 Forest Ave New Castle, VA This one-level home offers space, convenience, and plenty of potential! Featuring 5 bedroo...	5 beds \| 4 baths \| 1,676 sq.ft.	$315,000	Airbnb cash on cash: 3.98% Traditional cash on cash: N/A Airbnb Rental Income: $2246 Traditional Rental Income: $0 Airbnb ROI: 3.98% Traditional ROI: N/A
36 Railroad Ave New Castle, VA Come see this charming home in the town of New Castle, VA! With 3 bedrooms, 2 bathrooms, a...	3 beds \| 2 baths \| 1,272 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.5% Airbnb Rental Income: $null Traditional Rental Income: $2168 Airbnb ROI: N/A Traditional ROI: 7.5%
299 Patton Dr New Castle, VA Nice cabin on Craig's Creek in New Castle. Very desired part of Craig's Creek. 80 ft of cr...	2 beds \| 1 baths \| 768 sq.ft.	$139,950	Airbnb cash on cash: 4.99% Traditional cash on cash: 10.91% Airbnb Rental Income: $1365 Traditional Rental Income: $1743 Airbnb ROI: 4.99% Traditional ROI: 10.91%
307 Virginia Mineral Springs Rd New Castle, VA Well built brick one story home with 3 bedrooms and 2 full baths. Enjoy living space with ...	3 beds \| 2 baths \| 1,906 sq.ft.	$306,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.74% Airbnb Rental Income: $null Traditional Rental Income: $2746 Airbnb ROI: N/A Traditional ROI: 7.74%
68 Penn Ave New Castle, VA Charming one-level ranch offering 3 bedrooms and 2 full bathrooms. Thoughtfully designed w...	3 beds \| 2 baths \| 1,164 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.01% Airbnb Rental Income: $null Traditional Rental Income: $2057 Airbnb ROI: N/A Traditional ROI: 7.01%
345 S Hamblen Street New Castle, VA Rare opportunity to own a one-of-a-kind income-producing mobile home park in the heart of ...	N/A beds \| N/A baths \| 1,274 sq.ft.	$299,900	Airbnb cash on cash: -0.49% Traditional cash on cash: 1.54% Airbnb Rental Income: $564 Traditional Rental Income: $853 Airbnb ROI: -0.49% Traditional ROI: 1.54%

Real Estate investment in New-castle, VA

There are 20 properties for sale in the city of New Castle . The median list price in New Castle is $306,900 and the average price per square foot is $187. In May 2026, the average monthly cash on cash return in New Castle is 5.00%. The average monthly rental income in New Castle is $2,186.

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

There are 20 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 $564.

Your search for investment property begins and ends here

Investment Property for Sale in New Castle, VA

293 Holcombe Ave

New Castle, VA

3 beds | 2 baths | 1,728 sq.ft.

$239,950

Airbnb cash on cash: N/A

Traditional cash on cash: 8.85%

Airbnb Rental Income: $null

Traditional Rental Income: $2385

Airbnb ROI: N/A

Traditional ROI: 8.85%

51 Railroad Ave

New Castle, VA

4 beds | 1 baths | 1,050 sq.ft.

$229,950

Airbnb cash on cash: N/A

Traditional cash on cash: 6.4%

Airbnb Rental Income: $null

Traditional Rental Income: $1789

Airbnb ROI: N/A

Traditional ROI: 6.4%

574 Bear Hollow Trail

New Castle, VA

3 beds | 2 baths | 2,018 sq.ft.

$579,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2626

Airbnb ROI: N/A

Traditional ROI: 3.4%

79 Holcombe Ave

New Castle, VA

3 beds | 2 baths | 2,286 sq.ft.

$299,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2578

Airbnb ROI: N/A

Traditional ROI: 7.4%

317 Craig Creek Estates Dr

New Castle, VA

3 beds | 2 baths | 2,706 sq.ft.

$339,875

Airbnb cash on cash: N/A

Traditional cash on cash: 5.14%

Airbnb Rental Income: $null

Traditional Rental Income: $2314

Airbnb ROI: N/A

Traditional ROI: 5.14%

TBD Black Diamond Dr

New Castle, VA

N/A beds | N/A baths | N/A

$125,000

Airbnb cash on cash: -0.78%

Traditional cash on cash: 4.45%

Airbnb Rental Income: $564

Traditional Rental Income: $911

Airbnb ROI: -0.78%

Traditional ROI: 4.45%

023 Johns Creek Rd

New Castle, VA

N/A beds | N/A baths | N/A

$125,000

Airbnb cash on cash: -0.75%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $564

Traditional Rental Income: $825

Airbnb ROI: -0.75%

Traditional ROI: 3.76%

045 Black Diamond Dr NW

New Castle, VA

N/A beds | N/A baths | N/A

$145,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $564

Traditional Rental Income: $948

Airbnb ROI: -0.46%