Investing in Cumberland County
Cumberland County covers 3 rental markets we actively finance in Pennsylvania — Camp Hill, Carlisle, Mechanicsburg. Across those markets the median investment basis averages $316,667, a long-term lease averages $1,717/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,291. That produces a county-wide average DSCR ratio near 0.75x.
Basis varies more inside Cumberland County than the average suggests. Carlisle is the lowest entry point at roughly $300,000, while Carlisle currently models the strongest coverage ratio in the county at 0.76x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.