Real Estate Investing in Lemont Furnace, Pennsylvania (15456)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15456 (Lemont Furnace, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.4% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lemont Furnace, PA (15456)?
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Market Analysis: 15456 Lemont Furnace
ZIP 15456 inside Fayette County looks affordable on the surface — median value of $141K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $945/mo on a $141K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 15456 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Lemont Furnace have seen price recovery that 15456 has not matched. Fayette County data supports the view that the spread is structural rather than temporary.
A substantial renter share of 15% in 15456 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Lemont Furnace:
Property Strategy for 15456
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $116,297 | $1,050 | 6.5% | +6.0% | $58,149 |
| 3BR | $172,520 | $1,340 | 5.6% | +4.7% | $57,507 |
Market Trends
Home Value History (with trend line)
📊 How Does 15456 Compare?
| Metric | 15456 | Lemont Furnace | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $141,051 | $141,051 | N/A | $278,018 |
| 5-Year CAGR | 2.7% | 2.7% | N/A | 6.3% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 5.2% | 5.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15456 (Lemont Furnace, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $141,051 |
| Monthly Rent | $945 |
| Price-to-Rent | 12.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.0% |
| Cap Rate | 5.2% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +3.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). 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 15456
Population: 2,254
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
What is the rental occupancy rate in Lemont Furnace, PA?
Vacancy risk in Lemont Furnace, PA is elevated. That supports measured cash flow for typical rental holds.
Are eviction rules reasonable in Lemont Furnace, PA?
The landlord environment in Lemont Furnace, PA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What is the renter demographic in Lemont Furnace, PA?
The tenant pool in Lemont Furnace, PA is solid, supported by local employment and population fundamentals. Rents of $945/mo are well-absorbed by the market.
Is house hacking profitable in Lemont Furnace, PA?
House hacking in Lemont Furnace, PA is a challenging. With home values around $141K and rents at $945/mo, owner-occupants can offset a meaningful share of PITI.
What is the median home value in Lemont Furnace, PA?
Median home price in Lemont Furnace, PA is near $141K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
You know 15456 now. You don’t know where it ranks.
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How 15456 ranks in Pittsburgh, PA
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