Real Estate Investing in Waverly, Pennsylvania (18471)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 18471 (Waverly, 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: 16.4% of homes vacant — above national norms.
- Declining values: -1.4% 5-year CAGR — values have moved lower.
- High price-to-rent: Price-to-rent ratio 28.7 — 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 Waverly, PA (18471)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 18471 Waverly
Investors eyeing 18471 need to respect the fundamentals at play. Home values of $468K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $468K asset, 18471 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 18471 and stronger Waverly ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 18471 ZIP's population of 527 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
New investors are better served looking at Waverly's stable or hybrid ZIPs before stepping into 18471. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Waverly:
Market Trends
Home Value History (with trend line)
📊 How Does 18471 Compare?
| Metric | 18471 | Waverly | Scranton--Wilkes-Barre, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $467,754 | $467,754 | N/A | $278,018 |
| 5-Year CAGR | N/A | N/A | N/A | 6.3% |
| Avg Rent | $1,359 | $1,359 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
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 18471 (Waverly, PA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 18471 (Waverly, PA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $467,754 |
| Monthly Rent | $1,359 |
| Price-to-Rent | 28.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 0.9% |
📈 Home Appreciation
| 1-Year | -0.9% ▼ |
| 3-Year CAGR | -4.4% ▼ |
| 5-Year CAGR | -1.4% ▼ |
| 10-Year CAGR | +3.1% ▲ |
🏠 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 (2.3%). 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 18471
Population: 527
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 18471
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
Should investors worry about vacancy in Waverly, PA?
Waverly, PA sees elevated vacancy, which is reasonable relative to the broader PA rental market.
What is the smart move for investors in Waverly, PA?
Most investors in Waverly, PA run a careful cash-flow rentals with hands-on management strategy. It aligns with the 2.0/5 investability profile and the market fundamentals.
How deep is the rental pool in Waverly, PA?
Expect a solid tenant pool in Waverly, PA. The rental market absorbs $1,359/mo rents without meaningful friction.
Is housing expensive in Waverly, PA?
Waverly, PA median home values land near $468K. That is reasonable territory for investors looking at $1,359/mo-per-month rentals.
Does Waverly, PA make sense for an investment property?
With a 2.0/5 investability score, Waverly, PA ranks as a solid market for rental property investors. Median prices of $468K and rents of $1,359/mo drive the underlying numbers.
You know 18471 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 18471 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 18471 ranks in Scranton--Wilkes-Barre, PA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 18471 (Waverly)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 18471 (Waverly, PA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.