Real Estate Investing in Perryopolis, Pennsylvania (15473)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Fayette County • Population: 3,328 • Data updated: September 2026

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Should you buy in 15473 (Perryopolis, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (67/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.4% 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 Perryopolis, PA (15473)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $188,436
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $71,293
% Renters 14.6%

Market Analysis: 15473 Perryopolis

The 15473 ZIP in Perryopolis, PA is a local-operator market. Outside capital chasing a $188K entry has to pair deep knowledge with the discount.

Rent of $873/mo on a $188K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 15473 sits below the stated 0.0% once reality is priced in.

In the broader PA picture, 15473 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Demographically, 15473 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 15473 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Perryopolis:

C+ Average
Buy Confidence Score: 66/100
Affordability
20/25
Appreciation
14/25
Stability
7/20
Timing
10/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.6× the median income
Value Trend
Rising (+3.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Pittsburgh, PA Metro Area
More inventory, negotiating room for buyers
42 days
Average time to sell
Average
10.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Pittsburgh, PA metro data
🏠

Property Strategy for 15473

Which property type performs best in this market?

Best for Cash Flow
2BR
5.2% cap rate
Best for Appreciation
2BR
+5.8% 5yr CAGR
Best Overall Value
4BR
$59,743/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $133,496 $970 5.2% +5.8% $66,748
3BR $216,063 $1,240 4.1% +5.5% $72,021
4BR $238,971 $1,340 4.0% +5.1% $59,743

Market Trends

Home Value History (with trend line)

$198K$180K$161K$143K$125K$107KJul 2006Jul 2016Jul 2026

📊 How Does 15473 Compare?

Metric 15473 Perryopolis Pittsburgh, PA Pennsylvania
Home Value $188,436 $129,761 N/A $278,018
5-Year CAGR 2.5% 1.0% N/A 6.3%
Avg Rent $873 $873 N/A -
Cap Rate 3.6% 6.6% - -
💡 Why Invest in 15473? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 15473 (Perryopolis, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+2.5%
Slow

📉 Market Crash Risk Index

Based on Pittsburgh, PA metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
48%
Days Pending
1/2
42 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $188,436
Monthly Rent $873
Price-to-Rent 18.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.6%
Cap Rate 3.6%
5-Year IRR 6.1%

📈 Home Appreciation

1-Year +3.7% ▲
3-Year CAGR +2.9% ▲
5-Year CAGR +2.5% ▲
10-Year CAGR +4.2% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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.

Vacancy
8.4%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+2.5%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 15473

Population: 3,328

💰 Median Household Income
$71,293
This area
$71,293
State
$73,647
USA
$74,580
🏠 Renter Occupied
14.6%
This area
14.6%
State
23.0%
USA
34.0%
💼 Unemployment Rate
5.5%
This area
5.5%
State
-7.4%
USA
3.7%
🎓 College Educated
25.8%
This area
25.8%
State
12.3%
USA
33.7%
👤 Median Age
53.4 years
This area
53.4 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
8.4%
This area
8.4%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 97.4%
Other/Mixed 1.5%
Hispanic/Latino 0.8%
Asian 0.7%
Black/African American 0.4%
👶 Under 18
13.3%
This area
13.3%
USA
22.0%
👴 65 and Over
32.6%
This area
32.6%
USA
17.3%
📊 Poverty Rate
6.4%
This area
6.4%
USA
11.5%

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 15473

A Avg School Grade
3 Schools
13.4:1 Avg Class Size
$19,304 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Frazier El Sch

📚 Pre-K – 05 Elementary
👥
458 Students
👨‍🏫
14.5:1 Class Size
💰
$19,304 Per Student
A+ Excellent

Frazier HS

📚 09 – 12 High School
👥
316 Students
👨‍🏫
13.6:1 Class Size
💰
$19,304 Per Student
A Very Good

Frazier MS

📚 06 – 08 Middle
👥
234 Students
👨‍🏫
12.2:1 Class Size
💰
$19,304 Per Student
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

5 Nearby 1,608 Off-Campus Students
C+
Pennsylvania Western University
11,305 students · 6.0 mi
C
Douglas Education Center
200 students · 8.6 mi
C
Pennsylvania State University-Penn State Fayette- Eberly
419 students · 10.6 mi
C
Laurel Business Institute
397 students · 12.0 mi
C
Fayette County Career & Technical Institute Practical Nursing Program
69 students · 14.7 mi

Investor Insight: With 1,608 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Does a duplex house hack pencil in Perryopolis, PA?

The a challenging house-hack environment in Perryopolis, PA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Is Perryopolis, PA a good place for real estate investing?

Yes - Perryopolis, PA a 3.0/5 investability score. With $188K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.

How high is vacancy risk in Perryopolis, PA?

Vacancy risk in Perryopolis, PA is elevated. That supports predictable cash flow for typical rental holds.

How do landlord-tenant laws work in Perryopolis, PA?

PA ranks as a landlord-friendly state for landlord-tenant law. Perryopolis generally follows the statewide framework, so landlords face reasonable operating rules.

How qualified is the tenant pool in Perryopolis, PA?

Expect a solid tenant pool in Perryopolis, PA. The rental market absorbs $873/mo rents without meaningful friction.

You know 15473 now. You don’t know where it ranks.

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How 15473 ranks in Pittsburgh, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →
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