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Cap Rate Analysis: York, PA

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

Moderate — source deals carefully
Based on $165,000 median price and $1,050/mo median rent
Est. Cap Rate
4.96%
1% Rule
0.64%
Fails
GRM
13.1x
Price / Income
4.5x

Market Data

Median Home Price$165,000
Median Monthly Rent$1,050
Property Tax Rate1.38%
Population45,000
Population Growth0.1% / yr
Median Household Income$36,800
Vacancy Rate6.5%
Annual Appreciation2.2%

Cap Rate Calculator — York

Pre-filled with York 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
3.98%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$6,573
net operating income
Gross Rent Multiplier
13.1x
Good (<15)
1% Rule
0.64%
✗ Fails
Monthly Cash Flow
$548
before debt service
Annual Breakdown
Gross Rental Income$12,600
Less Vacancy−$819
Effective Income$11,781
Less Operating Expenses−$5,208
Net Operating Income$6,573

Cash-on-Cash Return — York

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

$
$41,250
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-5.14%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$46,200
$41,250 down + $4,950 closing
Monthly Mortgage
$807
on $124K loan
Monthly Cash Flow
$-198
after all expenses
Annual Cash Flow
$-2,373
before taxes
Cash Flow Breakdown
Monthly Rent$1,050
Less Expenses−$441
Less Mortgage−$807
Monthly Cash Flow$-198

Is York a Good Place to Invest in Rental Property?

York, PA has a population of 45,000 and has been growing at 0.1% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $165,000 paired with median rents of $1,050/mo produces an estimated cap rate of 4.96%.

Property taxes at 1.38% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 6.5% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 4.5x, homes cost about 4.5 times the local median income of $36,800. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 2.2% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: York presents moderate opportunities. Cap rates near 4.96% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.

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