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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 20+ datapoints.

Hanover, PA Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

4.1%

Avg Cash on Cash

-11.3%

Median Cashflow

-$566/mo

Avg Rent Estimate

$1,972/mo

Avg Price

$313,677

Price Range

$221,100 - $437,800

Rent to Price

0.63%

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 20+ properties analyzed, early data shows the market is developing. The median cap rate of 4.1% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 20+ analyzed properties, the median monthly cashflow in Hanover, PA is -$566 with average rents of $1,972/month. Properties range from $221,100 to $437,800, offering entry points across multiple investment budgets.

273 Smeach Dr, Hanover, PA 17331

Price

$354,900

Rent

$2,445

CachFlow

-$546

CoC

-8.79

Full Analysis

17 Marie Dr, Hanover, PA 17331

Price

$296,300

Rent

$1,458

CachFlow

-$942

CoC

-18.17

Full Analysis

30 Moul Ave, Hanover, PA 17331

Price

$221,100

Rent

$1,838

CachFlow

-$257

CoC

-6.64

Full Analysis

426 Pumping Station Rd, Hanover, PA 17331

Price

$320,000

Rent

$1,936

CachFlow

-$715

CoC

-12.77

Full Analysis

307 Maple Dr, Hanover, PA 17331

Price

$285,500

Rent

$2,064

CachFlow

-$340

CoC

-6.81

Full Analysis
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Hanover, PA Rental Market Insights

  • Median cashflow is -$566/month — careful deal selection is essential here
  • 4.1% 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 $221,100 to $437,800
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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