Real Estate Investing in Burnham, Pennsylvania (17009)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 17009 (Burnham, PA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 12.5% 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 Burnham, PA (17009)?
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Market Analysis: 17009 Burnham
This part of Mifflin County is not an easy win. The 17009 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $873/mo on a $154K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 17009 sits below the stated 0.0% once reality is priced in.
From an investor standpoint, 17009 offers a low basis, the region around Burnham has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 17009 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Burnham's stable or hybrid ZIPs before stepping into 17009. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Burnham:
Property Strategy for 17009
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $122,514 | $970 | 5.7% | — | $61,257 |
| 3BR | $142,981 | $1,280 | 6.4% | +10.3% | $47,660 |
| 4BR | $151,550 | $1,290 | 6.1% | — | $37,887 |
Market Trends
Home Value History (with trend line)
📊 How Does 17009 Compare?
| Metric | 17009 | Burnham | Lewistown, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $154,436 | $154,436 | N/A | $278,018 |
| 5-Year CAGR | 9.8% | 9.8% | N/A | 6.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 17009 (Burnham, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $154,436 |
| Monthly Rent | $873 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 14.2% |
📈 Home Appreciation
| 1-Year | +13.8% ▲ |
| 3-Year CAGR | +9.2% ▲ |
| 5-Year CAGR | +9.8% ▲ |
| 10-Year CAGR | +9.5% ▲ |
🏠 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 (4.4%). 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 17009
Population: 1,682
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
Frequently Asked Questions
What kind of vacancy should I budget for in Burnham, PA?
Occupancy in Burnham, PA runs reliable with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.
Is Burnham, PA landlord-friendly?
PA ranks as a landlord-friendly state for landlord-tenant law. Burnham generally follows the statewide framework, so landlords face reasonable operating rules.
Is Burnham, PA a good market for FHA house hackers?
Burnham, PA offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.
What monthly rent should investors expect in Burnham, PA?
Rental rates in Burnham, PA average $873/mo. Tenant demand and $154K home values make the yield look reasonable by investor standards.
Is it easy to find good tenants in Burnham, PA?
Tenant demand in Burnham, PA is solid. The local workforce $873/mo rents across most rental classes.
You know 17009 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 17009 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 17009 ranks in Lewistown, PA
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