Real Estate Investing in Austin, Pennsylvania (16720)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16720 (Austin, PA)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 76.2% of homes vacant — above national norms.
- Declining values: -1.1% 5-year CAGR — values have moved lower.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Austin, PA (16720)?
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Market Analysis: 16720 Austin
ZIP 16720 inside Potter County looks affordable on the surface — median value of $119K — but the discount exists for reasons that a careful buyer should understand before committing.
Turning to rents, the numbers look inviting — $119K purchase price, 0.0% nominal cap — the work to hit that pro forma in 16720 is substantial and deserves full respect.
On balance, 16720 offers a low basis, the region around Austin has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 16720 ZIP's population of 1,196 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Austin:
Market Trends
Home Value History (with trend line)
📊 How Does 16720 Compare?
| Metric | 16720 | Austin | Pennsylvania |
|---|---|---|---|
| Home Value | $118,996 | $118,996 | $278,018 |
| 5-Year CAGR | N/A | N/A | 6.3% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 5.7% | 5.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16720 (Austin, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $118,996 |
| Monthly Rent | $873 |
| Price-to-Rent | 11.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.8% |
| Cap Rate | 5.7% |
| 5-Year IRR | 4.7% |
📈 Home Appreciation
| 1-Year | +17.1% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | -1.1% ▼ |
| 10-Year CAGR | +1.2% ▲ |
🏠 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 (5.7%). 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 16720
Population: 1,196
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 16720
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.
Frequently Asked Questions
Which real estate strategy fits Austin, PA?
Most investors in Austin, PA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How deep is the rental pool in Austin, PA?
Tenant quality in Austin, PA ranks as solid. Landlords generally report predictable occupancy at market rents of $873/mo.
Do landlords face vacancy issues in Austin, PA?
Austin, PA sees elevated vacancy, which is reasonable relative to the broader PA rental market.
What is the average home sale price in Austin, PA?
Median home price in Austin, PA is near $119K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
What do landlords charge for rent in Austin, PA?
Average rent in Austin, PA is approximately $873/mo per month. Against $119K home values that yields a reasonable rent-to-price ratio.
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