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

Summit, PA has a median modeled monthly cash flow of $-916 and a median cap rate of 2.1%, on a median sold price of $240,500. Prices changed +12.6% year over year.

What is the average cap rate in Summit, PA?

The median cap rate across recently sold homes in Summit, PA is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Summit, PA?

The median sold price in Summit, PA is $240,500 (about $170 per square foot).

Investing in Summit, PA Real Estate

A data-driven snapshot of the Summit, 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.

$240,500Median sold price

$170Median $/sqft

2.1%Median cap rate

$-916Modeled cash flow / mo

+12.6%Appreciation YoY

6.0Months of supply

77Active listings

154Sold (last 12 mo)

What the Summit numbers say

In Summit, PA, the median home sold for $240,500 (about $170 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-916 of monthly cash flow. Sold prices moved +12.6% over the past year. Inventory sits at about 6.0 months of supply. 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 Summit cash-flowing listings

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