Real Estate Investing in Wells Tannery, Pennsylvania (16691)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16691 (Wells Tannery, PA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 19.5% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wells Tannery, PA (16691)?
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Market Analysis: 16691 Wells Tannery
This part of Fulton County is not an easy win. The 16691 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 16691 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Put differently, 16691 offers a low basis, the region around Wells Tannery has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 16691 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Wells Tannery's stable or hybrid ZIPs before stepping into 16691. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Wells Tannery:
Market Trends
Home Value History (with trend line)
📊 How Does 16691 Compare?
| Metric | 16691 | Wells Tannery | Pennsylvania |
|---|---|---|---|
| Home Value | $181,258 | $181,258 | $278,018 |
| 5-Year CAGR | N/A | N/A | 6.3% |
| Avg Rent | $918 | $918 | - |
| Cap Rate | 4.0% | 4.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16691 (Wells Tannery, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $181,258 |
| Monthly Rent | $918 |
| Price-to-Rent | 16.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +13.6% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (4.0%). 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 16691
Population: 297
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
Frequently Asked Questions
Is Wells Tannery, PA a good place for real estate investing?
Wells Tannery, PA comes in at an investability rating of 2.0/5, with median home values near $181K and average rents around $918/mo. That combination puts it in the durable tier for investor interest.
What is the typical vacancy rate in Wells Tannery, PA?
Wells Tannery, PA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are landlord laws favorable in Wells Tannery, PA?
Wells Tannery, PA operates under PA law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
What is the tenant pool like in Wells Tannery, PA?
Expect a solid tenant pool in Wells Tannery, PA. The rental market absorbs $918/mo rents without meaningful friction.
What do rentals go for in Wells Tannery, PA?
Average rent in Wells Tannery, PA is approximately $918/mo per month. Against $181K home values that yields a reasonable rent-to-price ratio.
You know 16691 now. You don’t know where it ranks.
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