Real Estate Investing in Roaring Spring, Pennsylvania (16673)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16673 (Roaring Spring, 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: 12.0% 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 Roaring Spring, PA (16673)?
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Market Analysis: 16673 Roaring Spring
Not every below-median market is a bargain. Roaring Spring's 16673 ZIP records signals that favor experienced operators who can absorb the risk $208K pricing implies.
Rent of $1,080/mo on a $208K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 16673 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 16673 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
From a cash-flow lens, 5,066 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.
Strategy in 16673 is an operator game, not a passive one. Stepping back, entry prices of $208K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Roaring Spring:
Market Trends
Home Value History (with trend line)
📊 How Does 16673 Compare?
| Metric | 16673 | Roaring Spring | Altoona, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $208,033 | $208,033 | N/A | $278,018 |
| 5-Year CAGR | 3.9% | 3.9% | N/A | 6.3% |
| Avg Rent | $1,080 | $1,080 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16673 (Roaring Spring, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $208,033 |
| Monthly Rent | $1,080 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.1% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +10.4% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +3.7% ▲ |
🏠 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 (4.1%). 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 16673
Population: 5,066
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 16673
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
How deep is the rental pool in Roaring Spring, PA?
Expect a solid tenant pool in Roaring Spring, PA. The rental market absorbs $1,080/mo rents without meaningful friction.
How tight is the rental market in Roaring Spring, PA?
Vacancy risk in Roaring Spring, PA is elevated. That supports even-keeled cash flow for typical rental holds.
What is the average home sale price in Roaring Spring, PA?
Expect median prices around $208K in Roaring Spring, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
What are rental rates like in Roaring Spring, PA?
Rental rates in Roaring Spring, PA average $1,080/mo. Tenant demand and $208K home values make the yield look reasonable by investor standards.
Is Roaring Spring, PA a friendly market for rental owners?
Roaring Spring, PA falls under PA landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 16673 now. You don’t know where it ranks.
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How 16673 ranks in Altoona, PA
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