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

South Hanover, PA has a median modeled monthly cash flow of $-775 and a median cap rate of 3.8%, on a median sold price of $350,000. Prices changed -1.1% year over year.

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

The median cap rate across recently sold homes in South Hanover, PA is 3.8%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in South Hanover, PA is $350,000 (about $182 per square foot).

Investing in South Hanover, PA Real Estate

A data-driven snapshot of the South 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.

$350,000Median sold price

$182Median $/sqft

3.8%Median cap rate

$-775Modeled cash flow / mo

-1.1%Appreciation YoY

10.7Months of supply

60Active listings

67Sold (last 12 mo)

What the South Hanover numbers say

In South Hanover, PA, the median home sold for $350,000 (about $182 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-775 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 10.7 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 South Hanover cash-flowing listings

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