Real Estate Investing in Coal Center, Pennsylvania (15423)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15423 (Coal Center, PA)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.3% vacancy may signal weakening demand.
- Flat appreciation: Values have barely moved over 5 years (1.5% CAGR).
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Coal Center, PA (15423)?
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Market Analysis: 15423 Coal Center
Investors eyeing 15423 need to respect the fundamentals at play. Home values of $166K come alongside slower price movement and elevated management overhead.
Put differently, the numbers look inviting — $166K purchase price, 0.0% nominal cap — the work to hit that pro forma in 15423 is substantial and deserves full respect.
Statewide comparisons place 15423 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 15423 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 right play in 15423 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Coal Center:
Property Strategy for 15423
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $117,638 | $1,180 | 7.2% | +3.7% | $58,819 |
| 3BR | $191,537 | $1,510 | 5.7% | +3.3% | $63,846 |
Market Trends
Home Value History (with trend line)
📊 How Does 15423 Compare?
| Metric | 15423 | Coal Center | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $165,948 | $165,948 | N/A | $278,018 |
| 5-Year CAGR | 1.5% | 1.5% | N/A | 6.3% |
| Avg Rent | $1,062 | $1,062 | N/A | - |
| Cap Rate | 5.0% | 5.0% | - | - |
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 15423 (Coal Center, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $165,948 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 13.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.7% |
| Cap Rate | 5.0% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +1.5% ▲ |
| 10-Year CAGR | +3.9% ▲ |
🏠 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 (5.0%). 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 15423
Population: 1,942
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 15423
Schools in This ZIP Code
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 1,356 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much rent can I charge in Coal Center, PA?
Coal Center, PA rentals go for roughly $1,062/mo a month. That puts gross yield in solid territory relative to $166K acquisition costs.
What is the typical home price in Coal Center, PA?
Homes in Coal Center, PA typically sell near $166K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
How quickly do rentals get leased in Coal Center, PA?
Coal Center, PA carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,062/mo.
Can I house hack in Coal Center, PA?
Coal Center, PA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,062/mo rent level.
What is the investability score for Coal Center, PA?
Yes - Coal Center, PA a 3.0/5 investability score. With $166K home prices against $1,062/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 15423 now. You don’t know where it ranks.
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How 15423 ranks in Pittsburgh, PA
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