New Castle, PA Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in New Castle, PA. Based on 10+ datapoints.
New Castle, PA Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-11.8%
Median Cashflow
-$473/mo
Avg Rent Estimate
$1,533/mo
Avg Price
$293,969
Price Range
$150,000 - $536,500
Rent to Price
0.52%
low ratio
Positive Cashflow
9%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in New Castle, PA
New Castle, PA is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in New Castle, PA is -$473 with average rents of $1,533/month. Properties range from $150,000 to $536,500, offering entry points across multiple investment budgets.
New Castle, PA Rental Market Insights
- •Median cashflow is -$473/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 9% positive cashflow rate, New Castle, PA requires selective property picks
- •Mid-to-upper tier market with properties from $150,000 to $536,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs