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Cap Rate Analysis: Williamsport, PA

Investment metrics, interactive calculators, and data-driven analysis for Williamsport rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Challenging for pure cash flow
Based on $225,000 median price and $1,030/mo median rent
Est. Cap Rate
2.98%
1% Rule
0.46%
Fails
GRM
18.2x
Price / Income
4.7x

Market Data

Median Home Price$225,000
Median Monthly Rent$1,030
Property Tax Rate1.38%
Population50,000
Population Growth0.2% / yr
Median Household Income$47,800
Vacancy Rate6%
Annual Appreciation2.3%

Cap Rate Calculator — Williamsport

Pre-filled with Williamsport medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
1.38% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
2.40%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$5,390
net operating income
Gross Rent Multiplier
18.2x
High (>15)
1% Rule
0.46%
✗ Fails
Monthly Cash Flow
$449
before debt service
Annual Breakdown
Gross Rental Income$12,360
Less Vacancy−$742
Effective Income$11,618
Less Operating Expenses−$6,228
Net Operating Income$5,390
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Cash-on-Cash Return — Williamsport

Factor in financing to see your actual return on invested capital in Williamsport.

$
$56,250
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-9.58%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$63,000
$56,250 down + $6,750 closing
Monthly Mortgage
$1,100
on $169K loan
Monthly Cash Flow
$-503
after all expenses
Annual Cash Flow
$-6,037
before taxes
Cash Flow Breakdown
Monthly Rent$1,030
Less Expenses−$433
Less Mortgage−$1,100
Monthly Cash Flow$-503

Is Williamsport a Good Place to Invest in Rental Property?

Williamsport, PA has a population of 50,000 and has been growing at 0.2% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $225,000 paired with median rents of $1,030/mo produces an estimated cap rate of 2.98%.

Property taxes at 1.38% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 6% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 4.7x, homes cost about 4.7 times the local median income of $47,800. This moderate ratio indicates a balanced rent-vs-buy market. Home values have appreciated at roughly 2.3% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: At current median prices, Williamsport is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

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