Real Estate Investing in Clarks Mills, Pennsylvania (16114)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16114 (Clarks Mills, PA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 18.2% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Clarks Mills, PA (16114)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 16114 Clarks Mills
Investors eyeing 16114 need to respect the fundamentals at play. Home values of $196K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 16114 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader PA picture, 16114 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 16114 includes headwinds that any investor should price in. Income distribution skews lower than Clarks Mills averages, and tenant stability requires active management.
The right play in 16114 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Clarks Mills:
Market Trends
Home Value History (with trend line)
📊 How Does 16114 Compare?
| Metric | 16114 | Clarks Mills | Pennsylvania |
|---|---|---|---|
| Home Value | $195,808 | $195,808 | $278,018 |
| 5-Year CAGR | N/A | N/A | 6.3% |
| Avg Rent | $891 | $891 | - |
| Cap Rate | 3.6% | 3.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16114 (Clarks Mills, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $195,808 |
| Monthly Rent | $891 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 11.2% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 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 (3.6%). 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 16114
Population: 575
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 do landlord-tenant laws work in Clarks Mills, PA?
PA ranks as a landlord-friendly state for landlord-tenant law. Clarks Mills generally follows the statewide framework, so landlords face reasonable operating rules.
What is the renter demographic in Clarks Mills, PA?
Tenant quality in Clarks Mills, PA ranks as solid. Landlords generally report even-keeled occupancy at market rents of $891/mo.
What price range are homes in Clarks Mills, PA?
Median home price in Clarks Mills, PA is near $196K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
How viable is house hacking in Clarks Mills, PA?
House hacking in Clarks Mills, PA is a challenging. With home values around $196K and rents at $891/mo, owner-occupants can offset a meaningful share of PITI.
How much do tenants pay in Clarks Mills, PA?
Expect rents around $891/mo per month in Clarks Mills, PA. With home values at $196K, the yield math works out to reasonable levels for rental investors.
You know 16114 now. You don’t know where it ranks.
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How 16114 ranks in Youngstown-Warren-Boardman, OH-PA
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