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REI Lense

Hanover, PA Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Hanover, PA. Based on 15+ datapoints.

Hanover, PA Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

4.2%

Avg Cash on Cash

-10.5%

Median Cashflow

-$542/mo

Avg Rent Estimate

$2,018/mo

Avg Price

$312,878

Price Range

$238,600 - $482,800

Rent to Price

0.65%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Hanover, PA

Hanover, PA is an emerging long-term rental market gaining investor attention. With 15+ properties analyzed, early data shows the market is developing. The median cap rate of 4.2% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 15+ analyzed properties, the median monthly cashflow in Hanover, PA is -$542 with average rents of $2,018/month. Properties range from $238,600 to $482,800, offering entry points across multiple investment budgets.

46 Allen Dr, Hanover, PA 17331

Price

$303,571

Rent

$2,125

CachFlow

-$452

CoC

-8.51

Full Analysis

25 Filbert St, Hanover, PA 17331

Price

$249,900

Rent

$1,619

CachFlow

-$566

CoC

-12.94

Full Analysis

51 High Rock Rd N, Hanover, PA 17331

Price

$726,700

Rent

$1,698

CachFlow

-$3,599

CoC

-28.3

Full Analysis

416 3rd St, Hanover, PA 17331

Price

$258,000

Rent

$1,796

CachFlow

-$353

CoC

-7.82

Full Analysis

1 Cardinal Dr, Hanover, PA 17331

Price

$294,800

Rent

$1,970

CachFlow

-$553

CoC

-10.72

Full Analysis
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Hanover, PA Rental Market Insights

  • Median cashflow is -$542/month — careful deal selection is essential here
  • 4.2% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Hanover, PA requires selective property picks
  • Mid-to-upper tier market with properties from $238,600 to $482,800
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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