Real Estate Investing in Fallentimber, Pennsylvania (16639)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Cambria County • Population: 1,391 • Data updated: September 2026

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Should you buy in 16639 (Fallentimber, PA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 For Investors
MIXED
3.0 / 5 (57/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
3 flags
  • High vacancy: 32.7% of homes vacant — above national norms.
  • Declining values: -6.9% 5-year CAGR — values have moved lower.
  • 1-year downturn: Values declined 5.1% in the last year.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Fallentimber, PA (16639)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $92,114
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $70,467
% Renters 5.6%

Market Analysis: 16639 Fallentimber

The 16639 ZIP covers a section of Fallentimber that demands careful diligence. Prices near $92K look accessible, but the work to make a deal cash flow is real.

From an investor standpoint, the numbers look inviting — $92K purchase price, 0.0% nominal cap — the work to hit that pro forma in 16639 is substantial and deserves full respect.

In the broader PA picture, 16639 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 16639 includes headwinds that any investor should price in. Income distribution skews lower than Fallentimber averages, and tenant stability requires active management.

Strategically, 16639 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Fallentimber:

C Below Average
Buy Confidence Score: 53/100
Affordability
25/25
Appreciation
0/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 1.3× the median income
Value Trend
Declining (-5.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Johnstown, PA Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Johnstown, PA metro data

Market Trends

Home Value History (with trend line)

$150K$137K$125K$113K$100K$88KFeb 2018May 2022Jul 2026

📊 How Does 16639 Compare?

Metric 16639 Fallentimber Johnstown, PA Pennsylvania
Home Value $92,114 $92,114 N/A $278,018
5-Year CAGR N/A N/A N/A 6.3%
Avg Rent $873 $873 N/A -
Cap Rate 7.4% 7.4% - -
💡 Why Invest in 16639? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 16639 (Fallentimber, PA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
7.4%
Good
5yr Growth
-6.9%
Declining

📉 Market Crash Risk Index

Based on Johnstown, PA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
46%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $92,114
Monthly Rent $873
Price-to-Rent 8.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 11.4%
Cap Rate 7.4%
5-Year IRR 0.5%

📈 Home Appreciation

1-Year -5.1% ▼
3-Year CAGR -8.0% ▼
5-Year CAGR -6.9% ▼
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Neutral Leverage Cap Rate: 7.4%  |  30yr Rate: 6.8%
Leverage is roughly neutral here.

The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.4%). 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.

Vacancy
32.7%
Elevated risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
-6.9%
Declining
Eviction process: Moderate Rent control: Favorable

Demographics in 16639

Population: 1,391

💰 Median Household Income
$70,467
This area
$70,467
State
$73,647
USA
$74,580
🏠 Renter Occupied
5.6%
This area
5.6%
State
23.0%
USA
34.0%
💼 Unemployment Rate
3.1%
This area
3.1%
State
-7.4%
USA
3.7%
🎓 College Educated
15.2%
This area
15.2%
State
12.3%
USA
33.7%
👤 Median Age
49.1 years
This area
49.1 years
State
25.7 years
USA
38.9 years
🏚️ Vacancy Rate
32.7%
This area
32.7%
State
14.6%
USA
10.5%
👥 Population by Ethnicity
White 97.7%
Other/Mixed 2.3%
Hispanic/Latino 0.8%
👶 Under 18
15.5%
This area
15.5%
USA
22.0%
👴 65 and Over
21.7%
This area
21.7%
USA
17.3%
📊 Poverty Rate
6.1%
This area
6.1%
USA
11.5%

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

4 Nearby 417 Off-Campus Students
C
Pennsylvania State University-Penn State Altoona
2,421 students · 10.2 mi
C+
Greater Altoona Career & Technology Center
174 students · 12.5 mi
C
Altoona Beauty School Inc
80 students · 13.1 mi
C
YTI Career Institute-Altoona
112 students · 14.0 mi

Frequently Asked Questions

How deep is the rental pool in Fallentimber, PA?

The tenant pool in Fallentimber, PA is solid, supported by local employment and population fundamentals. Rents of $873/mo are well-absorbed by the market.

Is vacancy a concern in Fallentimber, PA?

Rental vacancy in Fallentimber, PA is elevated. Investors should budget normal turnover but not chronic empty units.

How much does a house cost in Fallentimber, PA?

In Fallentimber, PA the median home value sits at $92K. Against the broader PA market, that reads as reasonable for most investors.

What are rental rates like in Fallentimber, PA?

Average rent in Fallentimber, PA is approximately $873/mo per month. Against $92K home values that yields a reasonable rent-to-price ratio.

Are landlord laws favorable in Fallentimber, PA?

Fallentimber, PA operates under PA law, which is landlord-friendly overall for landlords. Expect steady treatment in typical lease and eviction cases.

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How 16639 ranks in Johnstown, PA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →
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