Real Estate Investing in Millerton, Pennsylvania (16936)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 16936 (Millerton, PA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.5% 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 Millerton, PA (16936)?
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Market Analysis: 16936 Millerton
This part of Tioga County is not an easy win. The 16936 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
On the rental side, the numbers look inviting — $216K purchase price, 0.0% nominal cap — the work to hit that pro forma in 16936 is substantial and deserves full respect.
From a cash-flow lens, 16936 offers a low basis, the region around Millerton has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 16936 ZIP's population of 2,072 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
The right play in 16936 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Millerton:
Property Strategy for 16936
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $173,868 | $1,030 | 4.3% | +5.9% | $86,934 |
| 3BR | $223,027 | $1,320 | 4.3% | +7.0% | $74,342 |
| 4BR | $223,381 | $1,380 | 4.4% | +6.0% | $55,845 |
Market Trends
Home Value History (with trend line)
📊 How Does 16936 Compare?
| Metric | 16936 | Millerton | Sayre, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $216,421 | $216,421 | N/A | $278,018 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 6.3% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 16936 (Millerton, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $216,421 |
| Monthly Rent | $927 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +8.1% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 (3.3%). 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 16936
Population: 2,072
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
🎓 Nearby Colleges & Universities
Investor Insight: With 971 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average monthly rent in Millerton, PA?
Expect rents around $927/mo per month in Millerton, PA. With home values at $216K, the yield math works out to reasonable levels for rental investors.
Are landlord laws favorable in Millerton, PA?
Millerton, PA operates under PA law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
Should investors consider Millerton, PA?
With a 3.0/5 investability score, Millerton, PA ranks as a solid market for rental property investors. Median prices of $216K and rents of $927/mo drive the underlying numbers.
Is Millerton, PA better for rentals, flips, or BRRRR?
For Millerton, PA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Are tenants stable in Millerton, PA?
Millerton, PA draws a even-keeled base of working renters. Demand at the $927/mo rent level is reasonable for standard single-family and small multi rentals.
You know 16936 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 16936 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 16936 ranks in Sayre, PA
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