Real Estate Investing in Penn Run, Pennsylvania (15765)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15765 (Penn Run, PA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.9% 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 Penn Run, PA (15765)?
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Market Analysis: 15765 Penn Run
ZIP 15765 in Penn Run, PA carries a sturdy set of headwinds. Home values near $204K and rents of $873/mo sit inside a market where underwriting has to be tight.
The 15765 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in Penn Run have seen price recovery that 15765 has not matched. Indiana County data supports the view that the spread is structural rather than temporary.
The demographic picture in 15765 includes headwinds that any investor should price in. Income distribution skews lower than Penn Run averages, and tenant stability requires active management.
Strategically, 15765 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Penn Run:
Property Strategy for 15765
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $150,265 | $970 | 4.6% | +4.7% | $75,132 |
| 3BR | $206,709 | $1,320 | 4.6% | +5.1% | $68,903 |
Market Trends
Home Value History (with trend line)
📊 How Does 15765 Compare?
| Metric | 15765 | Penn Run | Indiana, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $204,375 | $204,375 | N/A | $278,018 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 6.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 15765 (Penn Run, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $204,375 |
| Monthly Rent | $873 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (3.3%). 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 15765
Population: 1,538
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
Investor Insight: With 932 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the rental occupancy rate in Penn Run, PA?
Penn Run, PA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What are home prices like in Penn Run, PA?
Median home price in Penn Run, PA is near $204K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Are rents high in Penn Run, PA?
Rents in Penn Run, PA run near $873/mo. Compared with median home prices of $204K that produces solid gross yields for typical rentals.
Is PA a landlord-friendly state?
Landlord-friendliness in Penn Run, PA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Penn Run in PA worth investing in?
Investors tracking Penn Run, PA will find a 3.0/5 rating supported by $204K median home values and $873/mo rents. That profile suits long-term holders targeting measured returns.
You know 15765 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 15765 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 15765 ranks in Indiana, PA
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Community Ratings
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