Freeland, PA — Rental Investment Analysis

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Data: HUD FMR FY2024 + Zillow ZHVI April 2026 + Freddie Mac rates. Last updated June 2026.

Investment Summary

As of 2026, Freeland, PA offers a 7.8% cap rate with median home prices of $168,437 and 3-bedroom rents of $1,620/month.

Freeland offers solid returns for rental investors. At $168,437 median home price, Freeland is affordable by national standards and within reach for most conventional loans. With 3-bedroom rents around $1,620/month, the 7.8% cap rate tells the story. Expect around +$193/month cash flow after mortgage, taxes, insurance, and reserves.

The 1% rule comes in at 0.96% — doesn't quite pass, but close enough to find individual deals that work. DSCR of 1.22 is tight — you'll pass most lender minimums but with little margin for error.

Bottom line: Buy here if you want reliable monthly income. Freeland is a cash flow market — don't expect rapid appreciation, but the checks come in every month.

Data sources: HUD Fair Market Rents (FY2024), Zillow Home Value Index (April 2026), Freddie Mac Primary Mortgage Market Survey.

Cap Rate

7.8%

Above average

Monthly Cash Flow

+$193

After all expenses

Price-to-Rent

8.7

Investor-friendly

DSCR

1.22

Tight

Key Metrics

Median Home Price
$168,437
Average Rent (3BR)
$1,620/mo
Price-to-Rent Ratio
8.7(good)
1% Rule
0.96%(fails — need 1%+)
Cash-on-Cash Return
6.0%
Vacancy Rate
8.0%

Market Strength

Unemployment Rate
4.2%(-0.1% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
-0.5% YoY

Assumptions Used

20% down, 6.52% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

1.43%

of assessed value (PA avg)

Median Income

$67,587

household (PA avg)

Rent-to-Income

28.8%

Affordable

Section 8 Max Rent

$1,620/mo

3BR voucher payment

PA Investor Climate

Landlord Friendly

6/10

State Income Tax

Has state tax

Property Tax

1.43% effective

Population Trend

-0.5% (3yr)

Best Zip Codes in Freeland for Investors

18224
Cap Rate: 7.8%Cash Flow: +$193/mo$168,437
18224
Cap Rate: 7.8%Cash Flow: +$193/mo$168,437

All Zip Codes in Freeland

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
182247.8%+$193$168,437$1,620/mo1.22
182247.8%+$193$168,437$1,620/mo1.22