Real Estate Investing in Pleasantville, Pennsylvania (16341)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16341 (Pleasantville, 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.
- High vacancy: 34.2% 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 Pleasantville, PA (16341)?
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Market Analysis: 16341 Pleasantville
The 16341 ZIP covers a section of Pleasantville that demands careful diligence. Prices near $137K look accessible, but the work to make a deal cash flow is real.
Rent of $873/mo on a $137K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 16341 sits below the stated 0.0% once reality is priced in.
Within PA, ZIP 16341 trails on several market indicators that neighboring Venango County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
On the rental side, 1,790 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 16341 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Pleasantville:
Property Strategy for 16341
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $119,440 | $970 | 5.8% | +6.8% | $59,720 |
| 3BR | $154,976 | $1,220 | 5.7% | +5.9% | $51,659 |
| 4BR | $154,961 | $1,430 | 6.6% | +8.9% | $38,740 |
Market Trends
Home Value History (with trend line)
📊 How Does 16341 Compare?
| Metric | 16341 | Pleasantville | Oil City, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $137,150 | $137,150 | N/A | $278,018 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 6.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 5.0% | 5.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16341 (Pleasantville, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $137,150 |
| Monthly Rent | $873 |
| Price-to-Rent | 13.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 5.0% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +9.1% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 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 (5.0%). 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 16341
Population: 1,790
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 16341
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
Frequently Asked Questions
Does Pleasantville, PA make sense for an investment property?
The 3.0/5 investability rating in Pleasantville, PA reflects its $137K prices and $873/mo rents. Investors generally consider it a solid option within PA.
How tight is the rental market in Pleasantville, PA?
Pleasantville, PA carries elevated vacancy risk. Expect even-keeled absorption at market rents of $873/mo.
What approach is best for Pleasantville, PA real estate?
The best-fit strategy in Pleasantville, PA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Can I live-in-and-rent in Pleasantville, PA?
House hacking in Pleasantville, PA is a challenging. With home values around $137K and rents at $873/mo, owner-occupants can offset a meaningful share of PITI.
What do rentals go for in Pleasantville, PA?
Rental rates in Pleasantville, PA average $873/mo. Tenant demand and $137K home values make the yield look reasonable by investor standards.
You know 16341 now. You don’t know where it ranks.
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How 16341 ranks in Oil City, PA
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