Real Estate Investing in Newport, Pennsylvania (17074)
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Should you buy in 17074 (Newport, 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.
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 Newport, PA (17074)?
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Market Analysis: 17074 Newport
This part of Perry County is not an easy win. The 17074 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 17074 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
On the rental side, 17074 offers a low basis, the region around Newport has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 17074 ZIP's population of 7,075 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
New investors are better served looking at Newport's stable or hybrid ZIPs before stepping into 17074. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Newport:
Property Strategy for 17074
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $182,828 | $1,040 | 4.1% | +7.6% | $91,414 |
| 3BR | $235,857 | $1,340 | 4.1% | +7.5% | $78,619 |
| 4BR | $286,976 | $1,380 | 3.5% | +7.7% | $71,744 |
Market Trends
Home Value History (with trend line)
📊 How Does 17074 Compare?
| Metric | 17074 | Newport | Harrisburg-Carlisle, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $265,323 | $265,323 | N/A | $278,018 |
| 5-Year CAGR | 3.6% | 3.6% | N/A | 6.3% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 17074 (Newport, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $265,323 |
| Monthly Rent | $936 |
| Price-to-Rent | 23.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.8% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 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 (2.8%). 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 17074
Population: 7,075
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 17074
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How much rent can I charge in Newport, PA?
Rents in Newport, PA run near $936/mo. Compared with median home prices of $265K that produces solid gross yields for typical rentals.
How qualified is the tenant pool in Newport, PA?
The tenant pool in Newport, PA is solid, supported by local employment and population fundamentals. Rents of $936/mo are well-absorbed by the market.
What is the median home value in Newport, PA?
Expect median prices around $265K in Newport, PA. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Does house hacking work in Newport, PA?
House hacking in Newport, PA is reasonable to execute. Prices around $265K and rents of $936/mo solid owner-occupant economics.
Is rental property easy to operate in Newport, PA?
Landlord-friendliness in Newport, PA is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 17074 now. You don’t know where it ranks.
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How 17074 ranks in Harrisburg-Carlisle, PA
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