Real Estate Investing in Tyrone, Pennsylvania (16686)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16686 (Tyrone, PA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.6% 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 Tyrone, PA (16686)?
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Market Analysis: 16686 Tyrone
Investors eyeing 16686 need to respect the fundamentals at play. Home values of $197K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 16686 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 16686 sits on the difficult end of the PA spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 16686 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
New investors are better served looking at Tyrone's stable or hybrid ZIPs before stepping into 16686. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Tyrone:
Property Strategy for 16686
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $154,398 | $1,290 | 6.0% | +6.7% | $77,199 |
| 3BR | $204,888 | $1,570 | 5.5% | +7.8% | $68,296 |
| 4BR | $231,728 | $1,710 | 5.3% | +5.5% | $57,932 |
Market Trends
Home Value History (with trend line)
📊 How Does 16686 Compare?
| Metric | 16686 | Tyrone | Altoona, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $196,877 | $196,877 | N/A | $278,018 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 6.3% |
| Avg Rent | $1,161 | $1,161 | N/A | - |
| Cap Rate | 4.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16686 (Tyrone, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $196,877 |
| Monthly Rent | $1,161 |
| Price-to-Rent | 14.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +10.2% ▲ |
| 3-Year CAGR | +7.6% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 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 (4.6%). 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 16686
Population: 13,000
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 16686
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 Tyrone, PA a good market for buy-and-hold investors?
With a 3.0/5 investability score, Tyrone, PA ranks as a solid market for rental property investors. Median prices of $197K and rents of $1,161/mo drive the underlying numbers.
What is the typical rental rate in Tyrone, PA?
Rents in Tyrone, PA run near $1,161/mo. Compared with median home prices of $197K that produces solid gross yields for typical rentals.
How strong is tenant demand in Tyrone, PA?
The renter base in Tyrone, PA is reasonable for the $1,161/mo price point. Screening well and pricing to market typically yields predictable tenants.
How high is vacancy risk in Tyrone, PA?
Occupancy in Tyrone, PA runs consistent with elevated vacancy. Well-priced units at $1,161/mo lease on reasonable timelines.
Is Tyrone, PA better for rentals, flips, or BRRRR?
A careful cash-flow rentals with hands-on management strategy Tyrone, PA best. The market produces steady results for that approach at the $197K price point.
You know 16686 now. You don’t know where it ranks.
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How 16686 ranks in Altoona, PA
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