Real Estate Investing in Ohiopyle, Pennsylvania (15470)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15470 (Ohiopyle, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 21.8% of homes vacant — above national norms.
• 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 Ohiopyle, PA (15470)?
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Market Analysis: 15470 Ohiopyle
The 15470 ZIP in Ohiopyle, PA is a local-operator market. Outside capital chasing a $237K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $237K asset, 15470 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 15470 and stronger Ohiopyle ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 15470 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 15470 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Ohiopyle:
Property Strategy for 15470
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $188,744 | $1,170 | 4.5% | +5.6% | $94,372 |
| 3BR | $255,865 | $1,500 | 4.2% | +4.8% | $85,288 |
Market Trends
Home Value History (with trend line)
📊 How Does 15470 Compare?
| Metric | 15470 | Ohiopyle | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $237,241 | $237,241 | N/A | $278,018 |
| 5-Year CAGR | 2.8% | 2.8% | N/A | 6.3% |
| Avg Rent | $1,053 | $1,053 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15470 (Ohiopyle, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $237,241 |
| Monthly Rent | $1,053 |
| Price-to-Rent | 18.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +4.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 15470
Population: 713
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How high is vacancy risk in Ohiopyle, PA?
Ohiopyle, PA carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,053/mo.
What real estate strategy is ideal for Ohiopyle, PA?
For Ohiopyle, PA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is rental property easy to operate in Ohiopyle, PA?
Landlord-friendliness in Ohiopyle, PA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Does house hacking work in Ohiopyle, PA?
House hacking in Ohiopyle, PA is reasonable to execute. Prices around $237K and rents of $1,053/mo solid owner-occupant economics.
What is the investability score for Ohiopyle, PA?
Ohiopyle, PA sits at an investability rating of 3.0/5, with median home values near $237K and average rents around $1,053/mo. That combination puts it in the significant tier for investor interest.
You know 15470 now. You don’t know where it ranks.
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How 15470 ranks in Pittsburgh, PA
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