Real Estate Investing in Cambridge Springs, Pennsylvania (16403)
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Should you buy in 16403 (Cambridge Springs, 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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.4% 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 Cambridge Springs, PA (16403)?
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Market Analysis: 16403 Cambridge Springs
Investors eyeing 16403 need to respect the fundamentals at play. Home values of $195K come alongside slower price movement and elevated management overhead.
For an experienced owner, 16403 can be a a viable market for hunting ground — but the discount at $195K reflects genuine risk that outside investors often underestimate.
On balance, 16403 offers a low basis, the region around Cambridge Springs has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 16403 includes headwinds that any investor should price in. Income distribution skews lower than Cambridge Springs averages, and tenant stability requires active management.
The right play in 16403 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 Cambridge Springs:
Market Trends
Home Value History (with trend line)
📊 How Does 16403 Compare?
| Metric | 16403 | Cambridge Springs | Meadville, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $195,283 | $195,283 | N/A | $278,018 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 6.3% |
| Avg Rent | $909 | $909 | N/A | - |
| 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 16403 (Cambridge Springs, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $195,283 |
| Monthly Rent | $909 |
| Price-to-Rent | 17.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +14.2% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 16403
Population: 6,979
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 16403
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
Is Cambridge Springs, PA a good market for buy-and-hold investors?
Investors tracking Cambridge Springs, PA will find a 3.0/5 rating supported by $195K median home values and $909/mo rents. That profile suits long-term holders targeting stable returns.
Is Cambridge Springs, PA better for rentals, flips, or BRRRR?
Cambridge Springs, PA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($195K prices, $909/mo rents) make it a reasonable choice.
Are there empty rentals in Cambridge Springs, PA?
Cambridge Springs, PA sees elevated vacancy, which is reasonable relative to the broader PA rental market.
How viable is house hacking in Cambridge Springs, PA?
House hacking in Cambridge Springs, PA is a challenging. With home values around $195K and rents at $909/mo, owner-occupants can offset a meaningful share of PITI.
What do landlords charge for rent in Cambridge Springs, PA?
Expect rents around $909/mo per month in Cambridge Springs, PA. With home values at $195K, the yield math works out to reasonable levels for rental investors.
You know 16403 now. You don’t know where it ranks.
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