Is East Hanover, PA a good place to invest in rental property?

East Hanover, PA has a median modeled monthly cash flow of $-1,123 and a median cap rate of 2.3%, on a median sold price of $415,000. Prices changed +18.3% year over year.

What is the average cap rate in East Hanover, PA?

The median cap rate across recently sold homes in East Hanover, PA is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Hanover, PA?

The median sold price in East Hanover, PA is $415,000 (about $207 per square foot).

Investing in East Hanover, PA Real Estate

A data-driven snapshot of the East Hanover, PA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$415,000Median sold price

$207Median $/sqft

2.3%Median cap rate

$-1,123Modeled cash flow / mo

+18.3%Appreciation YoY

12.6Months of supply

64Active listings

61Sold (last 12 mo)

What the East Hanover numbers say

In East Hanover, PA, the median home sold for $415,000 (about $207 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,123 of monthly cash flow. Sold prices moved +18.3% over the past year. Inventory sits at about 12.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Pennsylvania markets to compare

See East Hanover cash-flowing listings

CashFlowRE ranks every for-sale home in East Hanover, PA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen East Hanover deals, or browse the national market data.