Real Estate Investing in Cabot, Pennsylvania (16023)
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Should you buy in 16023 (Cabot, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.3% 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 Cabot, PA (16023)?
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Market Analysis: 16023 Cabot
The 16023 ZIP covers a section of Cabot that demands careful diligence. Prices near $285K look accessible, but the work to make a deal cash flow is real.
Meanwhile, the numbers look inviting — $285K purchase price, 0.0% nominal cap — the work to hit that pro forma in 16023 is substantial and deserves full respect.
In practical terms, 16023 offers a low basis, the region around Cabot has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 16023 ZIP's population of 4,130 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Distressed ZIPs reward experience. robust returns are possible in 16023, 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 Cabot:
Market Trends
Home Value History (with trend line)
📊 How Does 16023 Compare?
| Metric | 16023 | Cabot | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $285,112 | $285,112 | N/A | $278,018 |
| 5-Year CAGR | 2.3% | 2.3% | N/A | 6.3% |
| Avg Rent | $1,278 | $1,278 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16023 (Cabot, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $285,112 |
| Monthly Rent | $1,278 |
| Price-to-Rent | 18.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 5.8% |
📈 Home Appreciation
| 1-Year | -2.1% ▼ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +2.3% ▲ |
| 10-Year CAGR | +3.7% ▲ |
🏠 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 (3.5%). 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 16023
Population: 4,130
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 1,660 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What monthly rent should investors expect in Cabot, PA?
Average rent in Cabot, PA is approximately $1,278/mo per month. Against $285K home values that yields a reasonable rent-to-price ratio.
What is the median home value in Cabot, PA?
Typical homes in Cabot, PA go for around $285K. The 5-year CAGR of 0.0% predictable price movement.
How does Cabot, PA rate as a rental market?
Cabot, PA rates 3.0/5 for investability. With median values at $285K and rents near $1,278/mo, the market offers reasonable fundamentals for rental investors.
How strict are landlord regulations in Cabot, PA?
Cabot, PA operates under PA law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
Is vacancy a concern in Cabot, PA?
Expect elevated vacancy in Cabot, PA. Rents at $1,278/mo are absorbed by the tenant base without meaningful lag.
You know 16023 now. You don’t know where it ranks.
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How 16023 ranks in Pittsburgh, PA
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