Real Estate Investing in Gap, Pennsylvania (17535)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 17535 (Gap, 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.
- High price-to-rent: Price-to-rent ratio 29.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gap, PA (17535)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 17535 Gap
Turning to rents, ZIP 17535 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $517K median. It rewards specialists, not generalists.
The 17535 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 17535's metrics run below Lancaster County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 17535 includes headwinds that any investor should price in. Income distribution skews lower than Gap averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 17535 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Gap:
Property Strategy for 17535
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $398,626 | $2,130 | 3.8% | +8.0% | $132,875 |
| 4BR | $550,377 | $2,170 | 2.8% | +7.8% | $137,594 |
Market Trends
Home Value History (with trend line)
📊 How Does 17535 Compare?
| Metric | 17535 | Gap | Lancaster, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $516,599 | $496,304 | N/A | $278,018 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 6.3% |
| Avg Rent | $1,476 | $1,418 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
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 17535 (Gap, PA). Anonymous, moderated, never written by AI.
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Property managers serving Lancaster County
Manage rentals here? List your business →Susquehanna Realty Management is Central Pennsylvania's residential property management specialist since 2005, offering leasing and association management services. summary from their website
American Heritage Property Management. summary from their website
Compass Property Management LLC provides full-service property management in Lancaster, Chester, and Berks County, Pennsylvania, for owners and renters. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $516,599 |
| Monthly Rent | $1,476 |
| Price-to-Rent | 29.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (2.2%). 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 17535
Population: 2,651
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 17535
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Salisbury El Sch
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 does Gap, PA stack up for property investment?
Yes - Gap, PA a 3.0/5 investability score. With $517K home prices against $1,476/mo monthly rent, the market delivers a reasonable entry point for new investors.
How much is rent in Gap, PA?
Gap, PA rentals go for roughly $1,476/mo a month. That puts gross yield in solid territory relative to $517K acquisition costs.
Is Gap, PA good for landlords?
For rental operators, Gap, PA rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Are there empty rentals in Gap, PA?
Gap, PA sees elevated vacancy, which is reasonable relative to the broader PA rental market.
How should investors approach Gap, PA?
Most investors in Gap, PA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 17535 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 17535 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 17535 ranks in Lancaster, PA
Every ZIP in this metro, ranked. Free.
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