Real Estate Investing in Windber, Pennsylvania (15963)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 15963 (Windber, PA)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.1% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.0% CAGR).
What’s happening in Windber, PA (15963)?
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Market Analysis: 15963 Windber
The 15963 ZIP covers a section of Windber that demands careful diligence. Prices near $115K look accessible, but the work to make a deal cash flow is real.
In practical terms, the numbers look inviting — $115K purchase price, 0.0% nominal cap — the work to hit that pro forma in 15963 is substantial and deserves full respect.
Meanwhile, 15963 offers a low basis, the region around Windber has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 15963 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. significant returns are possible in 15963, 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 Windber:
Property Strategy for 15963
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $85,212 | $970 | 8.2% | +7.4% | $42,606 |
| 3BR | $129,498 | $1,320 | 7.3% | +6.6% | $43,166 |
| 4BR | $145,245 | $1,450 | 7.2% | +5.3% | $36,311 |
| 5BR | $129,514 | — | — | +3.1% | $25,903 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 15963 Compare?
| Metric | 15963 | Windber | Johnstown, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $115,257 | $115,257 | N/A | $278,018 |
| 5-Year CAGR | 1.0% | 1.0% | N/A | 6.3% |
| Avg Rent | $700 | $700 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 15963 (Windber, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $115,257 |
| Monthly Rent | $700 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | -1.1% ▼ |
| 3-Year CAGR | -1.2% ▼ |
| 5-Year CAGR | +1.0% ▲ |
| 10-Year CAGR | +3.6% ▲ |
🏠 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 (4.7%). 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 15963
Population: 10,383
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 15963
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
What is the typical home price in Windber, PA?
Homes in Windber, PA typically sell near $115K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
What kind of market is Windber, PA for investors?
Investors tracking Windber, PA will find a 3.0/5 rating supported by $115K median home values and $700/mo rents. That profile suits long-term holders targeting predictable returns.
What kind of tenants rent in Windber, PA?
Tenant quality in Windber, PA ranks as solid. Landlords generally report steady occupancy at market rents of $700/mo.
Does Windber, PA favor landlords or tenants?
Windber, PA operates under PA law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.
What is the typical rental rate in Windber, PA?
The typical rental in Windber, PA commands about $700/mo monthly. That rent profile measured cash flow against the $115K purchase basis.
You know 15963 now. You don’t know where it ranks.
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How 15963 ranks in Johnstown, PA
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