ZIP CODE 17603 // LANCASTER, PA // DATA AS OF 2026-09-30
Lancaster, PA (17603) Rental Property Cap Rate & Cash Flow Report
Located in Lancaster County (Lancaster, PA), Zip Code 17603 ranks #231 of 500 within this selected sample (54th percentile) with a Zillow ZHVI typical home-value index of $306,967 (+2.7% YoY) and a ZORI observed market rent of $1,510/mo (+5.0% YoY). Requires at least 56.8% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$714/mo
Annual: -$8,572/yr
Modeled Cap Rate
3.28%
NOI: $10,054/yr
Cash-on-Cash Return
-12.14%
Cash Needed: $70,602
1% Rule Ratio
0.49%
Gross Yield: 5.90%
Break-Even Rent
$2,331/mo
State Tax: 1.36%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 17603 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (PA Avg 1.36%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,552/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$672/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (17603)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $232,278 | $1,123/mo | 5.80% |
| 2022 | $258,336 | $1,251/mo | 5.81% |
| 2023 | $277,718 | $1,335/mo | 5.77% |
| 2024 | $289,575 | $1,387/mo | 5.75% |
| 2025 | $298,879 | $1,438/mo | 5.77% |
| 2026 | $306,967 | $1,510/mo | 5.90% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 19111 Philadelphia, PA | $292,631 | $1,427/mo | 3.23% | -$692/mo |
| 19124 Philadelphia, PA | $175,793 | $1,275/mo | 5.71% | -$52/mo |
| 19120 Philadelphia, PA | $166,390 | $1,507/mo | 7.60% | +$212/mo |
| 19143 Philadelphia, PA | $144,647 | $1,557/mo | 9.38% | +$399/mo |
| 14850 Ithaca, NY | $410,762 | $2,038/mo | 3.28% | -$954/mo |
| 92509 Jurupa Valley, CA | $632,779 | $2,723/mo | 3.28% | -$1,469/mo |