Real Estate Investing in Boswell, Pennsylvania (15531)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15531 (Boswell, 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.
- High vacancy: 14.0% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Boswell, PA (15531)?
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Market Analysis: 15531 Boswell
The 15531 ZIP in Boswell, PA is a local-operator market. Outside capital chasing a $155K entry has to pair deep knowledge with the discount.
Rent of $963/mo on a $155K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 15531 sits below the stated 0.0% once reality is priced in.
Within PA, ZIP 15531 trails on several market indicators that neighboring Somerset County submarkets outperform. The gap is real and healthy enough to shape underwriting.
Demographically, 15531 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.
Strategy in 15531 is an operator game, not a passive one. Stepping back, entry prices of $155K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Boswell:
Property Strategy for 15531
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $118,927 | $1,070 | 6.5% | +5.5% | $59,463 |
| 3BR | $171,515 | $1,440 | 6.0% | +5.4% | $57,172 |
| 4BR | $193,526 | $1,610 | 6.0% | +6.7% | $48,382 |
Market Trends
Home Value History (with trend line)
📊 How Does 15531 Compare?
| Metric | 15531 | Boswell | Somerset, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $154,642 | $154,642 | N/A | $278,018 |
| 5-Year CAGR | 2.6% | 2.6% | N/A | 6.3% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
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 15531 (Boswell, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $154,642 |
| Monthly Rent | $963 |
| Price-to-Rent | 13.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (4.9%). 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 15531
Population: 3,625
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 15531
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 691 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Boswell, PA?
Median home price in Boswell, PA is near $155K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
How strong is the working-renter base in Boswell, PA?
The renter base in Boswell, PA is reasonable for the $963/mo price point. Screening well and pricing to market typically yields even-keeled tenants.
What kind of market is Boswell, PA for investors?
Investors tracking Boswell, PA will find a 3.0/5 rating supported by $155K median home values and $963/mo rents. That profile suits long-term holders targeting consistent returns.
Does Boswell, PA favor landlords or tenants?
Rental owners in Boswell, PA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Can I house hack in Boswell, PA?
Boswell, PA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $155K price point reasonable to enter.
You know 15531 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 15531 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 15531 ranks in Somerset, PA
Every ZIP in this metro, ranked. Free.
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