REI Lense

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

-11.7%

Median Cashflow

-$560/mo

Avg Rent Estimate

$1,921/mo

Avg Price

$304,922

Price Range

$209,900 - $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 -$560 with average rents of $1,921/month. Properties range from $209,900 to $437,800, offering entry points across multiple investment budgets.

1212 Broadway, Hanover, PA 17331

Price

$209,900

Rent

$1,514

CachFlow

-$393

CoC

-10.7

Full Analysis

34 Allen Dr, Hanover, PA 17331

Price

$264,900

Rent

$1,709

CachFlow

-$537

CoC

-11.58

Full Analysis

413 Penn St, Hanover, PA 17331

Price

$289,900

Rent

$1,979

CachFlow

-$548

CoC

-10.8

Full Analysis

115 Lion Dr, Hanover, PA 17331

Price

$274,600

Rent

$1,970

CachFlow

-$454

CoC

-9.45

Full Analysis

285 Diller Rd, Hanover, PA 17331

Price

$280,800

Rent

$1,836

CachFlow

-$575

CoC

-11.7

Full Analysis
15 of 27
1 / 6

Hanover, PA Rental Market Insights

  • Median cashflow is -$560/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 $209,900 to $437,800
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis