Real Estate Investing in Morgan, Pennsylvania (15064)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15064 (Morgan, PA)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Morgan, PA (15064)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 15064 Morgan
ZIP 15064 in Morgan, PA carries a impressive set of headwinds. Home values near $159K and rents of $1,431/mo sit inside a market where underwriting has to be tight.
Stepping back, the numbers look inviting — $159K purchase price, 0.0% nominal cap — the work to hit that pro forma in 15064 is substantial and deserves full respect.
Regionally, 15064 sits on the difficult end of the PA spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 15064 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. robust returns are possible in 15064, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Morgan:
Market Trends
Home Value History (with trend line)
📊 How Does 15064 Compare?
| Metric | 15064 | Morgan | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $158,589 | $158,589 | N/A | $278,018 |
| 5-Year CAGR | 2.1% | 2.1% | N/A | 6.3% |
| Avg Rent | $1,431 | $1,431 | N/A | - |
| Cap Rate | 7.0% | 7.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15064 (Morgan, PA). Anonymous, moderated, never written by AI.
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Property managers serving Allegheny County
Manage rentals here? List your business →Real Property Management Keystone offers property management services in Pittsburgh, PA and surrounding areas. summary from their website
Real Property Management Pittsburgh is a property management company in Pittsburgh, PA. summary from their website
Real Property Management Three Rivers is a property management company in Pittsburgh, PA. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $158,589 |
| Monthly Rent | $1,431 |
| Price-to-Rent | 9.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.8% |
| Cap Rate | 7.0% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.0%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 15064
Population: 348
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 15064
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Chartiers Valley MS
Chartiers Valley HS
Chartiers Valley Primary Sch
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,504 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Morgan, PA for investors?
Our data puts Morgan, PA at 3.0/5 for investability. Home prices of $159K and rents around $1,431/mo create a solid backdrop for investor activity.
Is rental property easy to operate in Morgan, PA?
Landlord-friendliness in Morgan, PA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How do experienced investors play Morgan, PA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Morgan, PA. The numbers - $159K homes against $1,431/mo rents - support that play.
How deep is the rental pool in Morgan, PA?
Expect a solid tenant pool in Morgan, PA. The rental market absorbs $1,431/mo rents without meaningful friction.
Do landlords face vacancy issues in Morgan, PA?
Rental vacancy in Morgan, PA is elevated. Investors should budget normal turnover but not chronic empty units.
You know 15064 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 15064 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 15064 ranks in Pittsburgh, PA
Every ZIP in this metro, ranked. Free.
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