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Cap Rate Analysis: Scranton, PA

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

Moderate — source deals carefully
Based on $145,000 median price and $980/mo median rent
Est. Cap Rate
5.32%
1% Rule
0.68%
Fails
GRM
12.3x
Price / Income
3.6x

Market Data

Median Home Price$145,000
Median Monthly Rent$980
Property Tax Rate1.44%
Population76,089
Population Growth-0.2% / yr
Median Household Income$40,200
Vacancy Rate6.8%
Annual Appreciation1.9%

Cap Rate Calculator — Scranton

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

Property Details
$
$
3–8% typical
%
Monthly Expenses
1.44% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
4.27%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$6,184
net operating income
Gross Rent Multiplier
12.3x
Good (<15)
1% Rule
0.68%
✗ Fails
Monthly Cash Flow
$515
before debt service
Annual Breakdown
Gross Rental Income$11,760
Less Vacancy−$800
Effective Income$10,960
Less Operating Expenses−$4,776
Net Operating Income$6,184

Cash-on-Cash Return — Scranton

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

$
$36,250
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-4.17%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$40,600
$36,250 down + $4,350 closing
Monthly Mortgage
$709
on $109K loan
Monthly Cash Flow
$-141
after all expenses
Annual Cash Flow
$-1,692
before taxes
Cash Flow Breakdown
Monthly Rent$980
Less Expenses−$412
Less Mortgage−$709
Monthly Cash Flow$-141

Is Scranton a Good Place to Invest in Rental Property?

Scranton, PA has a population of 76,089 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 $145,000 paired with median rents of $980/mo produces an estimated cap rate of 5.32%.

Property taxes at 1.44% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 6.8% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 3.6x, homes cost about 3.6 times the local median income of $40,200. 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 1.9% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: Scranton presents moderate opportunities. Cap rates near 5.32% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.

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