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

Myerstown, PA has a median modeled monthly cash flow of $-291 and a median cap rate of 4.8%, on a median sold price of $253,000. Prices changed +7.7% year over year.

What is the average cap rate in Myerstown, PA?

The median cap rate across recently sold homes in Myerstown, PA is 4.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Myerstown, PA?

The median sold price in Myerstown, PA is $253,000 (about $154 per square foot).

Investing in Myerstown, PA Real Estate

A data-driven snapshot of the Myerstown, 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.

$253,000Median sold price

$154Median $/sqft

4.8%Median cap rate

$-291Modeled cash flow / mo

+7.7%Appreciation YoY

1.6Months of supply

6Active listings

46Sold (last 12 mo)

What the Myerstown numbers say

In Myerstown, PA, the median home sold for $253,000 (about $154 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-291 of monthly cash flow. Sold prices moved +7.7% over the past year. Inventory sits at about 1.6 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 Myerstown cash-flowing listings

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