Real Estate Investing in Annville, Pennsylvania (17003)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 17003 (Annville, 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.
What’s happening in Annville, PA (17003)?
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Market Analysis: 17003 Annville
The 17003 ZIP in Annville, PA is a local-operator market. Outside capital chasing a $386K entry has to pair deep knowledge with the discount.
The 17003 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Looking more closely, 17003 offers a low basis, the region around Annville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 17003 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The 17003 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 Annville:
Property Strategy for 17003
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $327,186 | $1,780 | 3.9% | +8.3% | $109,062 |
| 4BR | $518,216 | $1,940 | 2.7% | +8.5% | $129,554 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 17003 Compare?
| Metric | 17003 | Annville | Lebanon, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $386,370 | $386,370 | N/A | $278,018 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 6.3% |
| Avg Rent | $1,661 | $1,661 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 17003 (Annville, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $386,370 |
| Monthly Rent | $1,661 |
| Price-to-Rent | 19.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 10.3% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 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 (3.4%). 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 17003
Population: 11,932
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 17003
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
Investor Insight: With 733 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Annville, PA a good place for real estate investing?
Annville, PA comes in at an investability rating of 3.0/5, with median home values near $386K and average rents around $1,661/mo. That combination puts it in the resilient tier for investor interest.
How much rent can I charge in Annville, PA?
Rents in Annville, PA run near $1,661/mo. Compared with median home prices of $386K that produces solid gross yields for typical rentals.
Which investment style suits Annville, PA?
A careful cash-flow rentals with hands-on management strategy Annville, PA best. The market produces predictable results for that approach at the $386K price point.
How high is vacancy risk in Annville, PA?
Vacancy risk in Annville, PA is elevated. That supports reliable cash flow for typical rental holds.
Is Annville, PA landlord-friendly?
PA ranks as a landlord-friendly state for landlord-tenant law. Annville generally follows the statewide framework, so landlords face reasonable operating rules.
You know 17003 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 17003 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 17003 ranks in Lebanon, PA
Every ZIP in this metro, ranked. Free.
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