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

Millersville, PA has a median modeled monthly cash flow of $-1,003 and a median cap rate of 3.0%, on a median sold price of $349,900. Prices changed -1.3% year over year.

What is the average cap rate in Millersville, PA?

The median cap rate across recently sold homes in Millersville, PA is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Millersville, PA?

The median sold price in Millersville, PA is $349,900 (about $194 per square foot).

Investing in Millersville, PA Real Estate

A data-driven snapshot of the Millersville, 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.

$349,900Median sold price

$194Median $/sqft

3.0%Median cap rate

$-1,003Modeled cash flow / mo

-1.3%Appreciation YoY

3.5Months of supply

81Active listings

277Sold (last 12 mo)

What the Millersville numbers say

In Millersville, PA, the median home sold for $349,900 (about $194 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,003 of monthly cash flow. Sold prices moved -1.3% over the past year. Inventory sits at about 3.5 months of supply — a tight, seller-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 Millersville cash-flowing listings

CashFlowRE ranks every for-sale home in Millersville, 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 Millersville deals, or browse the national market data.