Real Estate Investing in Cherry Tree, Pennsylvania (15724)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15724 (Cherry Tree, 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: 12.4% 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 Cherry Tree, PA (15724)?
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Market Analysis: 15724 Cherry Tree
ZIP 15724 in Cherry Tree, PA carries a substantial set of headwinds. Home values near $133K and rents of $873/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 15724 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 15724's metrics run below Indiana County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 15724 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. impressive returns are possible in 15724, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Cherry Tree:
Property Strategy for 15724
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $107,868 | $970 | 6.5% | +4.9% | $53,934 |
| 3BR | $154,059 | $1,310 | 6.1% | +4.9% | $51,353 |
Market Trends
Home Value History (with trend line)
📊 How Does 15724 Compare?
| Metric | 15724 | Cherry Tree | Indiana, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $132,821 | $132,821 | N/A | $278,018 |
| 5-Year CAGR | 2.1% | 2.1% | N/A | 6.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15724 (Cherry Tree, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $132,821 |
| Monthly Rent | $873 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 7.2% |
📈 Home Appreciation
| 1-Year | +8.1% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +2.1% ▲ |
| 10-Year CAGR | +3.4% ▲ |
🏠 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 (5.1%). 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 15724
Population: 2,069
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 does Cherry Tree, PA rate as a rental market?
Cherry Tree, PA scores 3.0/5 for investability. Home values sit at $133K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the smart move for investors in Cherry Tree, PA?
In Cherry Tree, PA the notable play is typically careful cash-flow rentals with hands-on management. The combination of $133K prices and $873/mo rents suits that approach.
Is the tenant base reliable in Cherry Tree, PA?
The renter base in Cherry Tree, PA is reasonable for the $873/mo price point. Screening well and pricing to market typically yields consistent tenants.
Is Cherry Tree, PA good for house hacking?
The house hack math a challenging in Cherry Tree, PA. Owner-occupant buyers benefit from the $873/mo rents and $133K home values.
What monthly rent should investors expect in Cherry Tree, PA?
Average rent in Cherry Tree, PA is approximately $873/mo per month. Against $133K home values that yields a reasonable rent-to-price ratio.
You know 15724 now. You don’t know where it ranks.
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How 15724 ranks in Indiana, PA
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