Side-by-side comparison of New Castle, PA and Selinsgrove, PA — cap rates, rent, prices, and investment metrics.
Cash flow: New Castle has the edge with an estimated cap rate of 6.12% compared to Selinsgrove's 2.87%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $155,000 in New Castle vs $230,000 in Selinsgrove, while rents come in at $1,140/mo and $1,030/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.
Growth & appreciation: New Castle is growing faster at 0.2% annually vs Selinsgrove's 0.2%. New Castle leads on home value appreciation at 2.3% per year.
Costs & risk: Property taxes are 1.38% in New Castle vs 1.38% in Selinsgrove. Vacancy rates of 6% and 6% are mixed — Selinsgrove has the tighter rental market.
Entry point: New Castle offers a lower entry at $155K vs Selinsgrove's $230K — a difference of $75K. With a 20% down payment, that's $31K vs $46K. New Castle combines the lower price with a higher cap rate — a compelling combination.
Bottom line: New Castle edges out Selinsgrove on most key metrics. With a 6.12% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in New Castle or Selinsgrove.