Real Estate Investing in Mayport, Pennsylvania (16240)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16240 (Mayport, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 15.7% 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 Mayport, PA (16240)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 16240 Mayport
The 16240 ZIP in Mayport, PA is a local-operator market. Outside capital chasing a $173K entry has to pair deep knowledge with the discount.
In practical terms, the numbers look inviting — $173K purchase price, 0.0% nominal cap — the work to hit that pro forma in 16240 is substantial and deserves full respect.
ZIP 16240's metrics run below Armstrong County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 16240 ZIP's population of 1,436 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
The 16240 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Mayport:
Market Trends
Home Value History (with trend line)
📊 How Does 16240 Compare?
| Metric | 16240 | Mayport | Pittsburgh, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $173,459 | $173,459 | N/A | $278,018 |
| 5-Year CAGR | 1.6% | 1.6% | N/A | 6.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
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 16240 (Mayport, PA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 16240 (Mayport, PA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $173,459 |
| Monthly Rent | $873 |
| Price-to-Rent | 16.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +1.6% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 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 (3.9%). 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 16240
Population: 1,436
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 16240
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Redbank Valley Intrmd Sch
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.
Frequently Asked Questions
How strong is Mayport, PA for real estate investors?
Mayport, PA rates 2.0/5 for investability. With median values at $173K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
How strong are rents in Mayport, PA?
Investors in Mayport, PA typically see rents near $873/mo per month against $173K home values - a solid setup for rental cash flow.
What is the average home sale price in Mayport, PA?
Expect median prices around $173K in Mayport, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
What type of investing works in Mayport, PA?
A careful cash-flow rentals with hands-on management strategy Mayport, PA best. The market produces predictable results for that approach at the $173K price point.
What is the typical vacancy rate in Mayport, PA?
Mayport, PA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 16240 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 16240 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 16240 ranks in Pittsburgh, PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 16240 (Mayport)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 16240 (Mayport, PA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.