Real Estate Investing in Spring Run, Pennsylvania (17262)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 17262 (Spring Run, PA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 13.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 25.0 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Spring Run, PA (17262)?
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Market Analysis: 17262 Spring Run
Stepping back, ZIP 17262 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $292K median. It rewards specialists, not generalists.
The investment case in 17262 is notable only for operators who understand what they are buying. A $292K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Spring Run have seen price recovery that 17262 has not matched. Franklin County data supports the view that the spread is structural rather than temporary.
Resident income in 17262 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Spring Run:
Market Trends
Home Value History (with trend line)
📊 How Does 17262 Compare?
| Metric | 17262 | Spring Run | Chambersburg-Waynesboro, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $291,774 | $291,774 | N/A | $278,018 |
| 5-Year CAGR | N/A | N/A | N/A | 6.3% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 17262 (Spring Run, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $291,774 |
| Monthly Rent | $972 |
| Price-to-Rent | 25.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (2.6%). 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 17262
Population: 921
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 860 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What real estate strategy is ideal for Spring Run, PA?
Spring Run, PA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($292K prices, $972/mo rents) make it a reasonable choice.
What is the investability score for Spring Run, PA?
Spring Run, PA stands at an investability rating of 2.0/5, with median home values near $292K and average rents around $972/mo. That combination puts it in the healthy tier for investor interest.
How strict are landlord regulations in Spring Run, PA?
Rental owners in Spring Run, PA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is Spring Run, PA suited for a house hack?
The a challenging house-hack environment in Spring Run, PA reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How qualified is the tenant pool in Spring Run, PA?
The tenant pool in Spring Run, PA is solid, supported by local employment and population fundamentals. Rents of $972/mo are well-absorbed by the market.
You know 17262 now. You don’t know where it ranks.
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How 17262 ranks in Chambersburg-Waynesboro, PA
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