Real Estate Investing in Rimersburg, Pennsylvania (16248)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16248 (Rimersburg, PA)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.4% 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 Rimersburg, PA (16248)?
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Market Analysis: 16248 Rimersburg
Investors eyeing 16248 need to respect the fundamentals at play. Home values of $104K come alongside slower price movement and elevated management overhead.
From a cash-flow lens, the numbers look inviting — $104K purchase price, 0.0% nominal cap — the work to hit that pro forma in 16248 is substantial and deserves full respect.
ZIP 16248's metrics run below Clarion County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 16248 ZIP's population of 3,177 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.
New investors are better served looking at Rimersburg's stable or hybrid ZIPs before stepping into 16248. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Rimersburg:
Market Trends
Home Value History (with trend line)
📊 How Does 16248 Compare?
| Metric | 16248 | Rimersburg | Pennsylvania |
|---|---|---|---|
| Home Value | $104,145 | $104,145 | $278,018 |
| 5-Year CAGR | 3.7% | 3.7% | 6.3% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 6.5% | 6.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16248 (Rimersburg, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $104,145 |
| Monthly Rent | $873 |
| Price-to-Rent | 9.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.1% |
| Cap Rate | 6.5% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 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%) is close to the estimated cap rate (6.5%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 16248
Population: 3,177
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 16248
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.
Frequently Asked Questions
Should investors worry about vacancy in Rimersburg, PA?
Rimersburg, PA sees elevated vacancy, which is reasonable relative to the broader PA rental market.
Should investors consider Rimersburg, PA?
With a 3.0/5 investability score, Rimersburg, PA ranks as a solid market for rental property investors. Median prices of $104K and rents of $873/mo drive the underlying numbers.
Does a duplex house hack pencil in Rimersburg, PA?
The a challenging house-hack environment in Rimersburg, PA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How strict are landlord regulations in Rimersburg, PA?
Rimersburg, PA operates under PA law, which is landlord-friendly overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
Is the tenant base reliable in Rimersburg, PA?
Tenant demand in Rimersburg, PA is solid. The local workforce $873/mo rents across most rental classes.
You know 16248 now. You don’t know where it ranks.
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