Real Estate Investing in Newmanstown, Pennsylvania (17073)
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Should you buy in 17073 (Newmanstown, PA)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Newmanstown, PA (17073)?
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Market Analysis: 17073 Newmanstown
Not every below-median market is a bargain. Newmanstown's 17073 ZIP shows signals that favor experienced operators who can absorb the risk $353K pricing implies.
Rent of $1,440/mo on a $353K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 17073 sits below the stated 0.0% once reality is priced in.
Stepping back, 17073 offers a low basis, the region around Newmanstown has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 17073 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 17073 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Newmanstown:
Market Trends
Home Value History (with trend line)
📊 How Does 17073 Compare?
| Metric | 17073 | Newmanstown | Lebanon, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $353,305 | $353,305 | N/A | $278,018 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 6.3% |
| Avg Rent | $1,440 | $1,440 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 17073 (Newmanstown, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $353,305 |
| Monthly Rent | $1,440 |
| Price-to-Rent | 20.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (3.2%). 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 17073
Population: 6,064
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
How much does a house cost in Newmanstown, PA?
Homes in Newmanstown, PA typically sell near $353K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
Are renters plentiful in Newmanstown, PA?
Newmanstown, PA draws a steady base of working renters. Demand at the $1,440/mo rent level is reasonable for standard single-family and small multi rentals.
Can I live-in-and-rent in Newmanstown, PA?
The house hack math a challenging in Newmanstown, PA. Owner-occupant buyers benefit from the $1,440/mo rents and $353K home values.
Are rents high in Newmanstown, PA?
Newmanstown, PA rentals go for roughly $1,440/mo a month. That puts gross yield in solid territory relative to $353K acquisition costs.
What kind of vacancy should I budget for in Newmanstown, PA?
Newmanstown, PA vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 17073 now. You don’t know where it ranks.
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How 17073 ranks in Lebanon, PA
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