Real Estate Investing in Coburn, Pennsylvania (16832)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16832 (Coburn, PA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 57.8% 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 Coburn, PA (16832)?
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Market Analysis: 16832 Coburn
ZIP 16832 in Coburn, PA carries a healthy set of headwinds. Home values near $250K and rents of $1,161/mo sit inside a market where underwriting has to be tight.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $250K asset, 16832 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 16832 and stronger Coburn ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 16832 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. significant returns are possible in 16832, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Coburn:
Market Trends
Home Value History (with trend line)
📊 How Does 16832 Compare?
| Metric | 16832 | Coburn | State College, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $249,937 | $249,937 | N/A | $278,018 |
| 5-Year CAGR | 3.8% | 3.8% | N/A | 6.3% |
| Avg Rent | $1,161 | $1,161 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16832 (Coburn, PA). Anonymous, moderated, never written by AI.
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Property managers serving Centre County
Manage rentals here? List your business →Nittany Property Management. summary from their website
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📊 Market Snapshot
| Home Value | $249,937 |
| Monthly Rent | $1,161 |
| Price-to-Rent | 17.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 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 (3.6%). 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 16832
Population: 279
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
Which real estate strategy fits Coburn, PA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Coburn, PA. The numbers - $250K homes against $1,161/mo rents - support that play.
Is rental property easy to operate in Coburn, PA?
The landlord environment in Coburn, PA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is Coburn in PA worth investing in?
Our data puts Coburn, PA at 3.0/5 for investability. Home prices of $250K and rents around $1,161/mo create a solid backdrop for investor activity.
How quickly do rentals get leased in Coburn, PA?
Vacancy risk in Coburn, PA is elevated. That supports reliable cash flow for typical rental holds.
How viable is house hacking in Coburn, PA?
The house hack math a challenging in Coburn, PA. Owner-occupant buyers benefit from the $1,161/mo rents and $250K home values.
You know 16832 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 16832 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 16832 ranks in State College, PA
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