Real Estate Investing in Wapwallopen, Pennsylvania (18660)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 18660 (Wapwallopen, PA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 13.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wapwallopen, PA (18660)?
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Market Analysis: 18660 Wapwallopen
On the rental side, ZIP 18660 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $259K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 18660 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within PA, ZIP 18660 trails on several market indicators that neighboring Luzerne County submarkets outperform. The gap is real and durable enough to shape underwriting.
The demographic picture in 18660 includes headwinds that any investor should price in. Income distribution skews lower than Wapwallopen averages, and tenant stability requires active management.
looks 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 Wapwallopen:
Market Trends
Home Value History (with trend line)
📊 How Does 18660 Compare?
| Metric | 18660 | Wapwallopen | Scranton--Wilkes-Barre, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $259,221 | $259,221 | N/A | $278,018 |
| 5-Year CAGR | 2.7% | 2.7% | N/A | 6.3% |
| Avg Rent | $1,062 | $1,062 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 18660 (Wapwallopen, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $259,221 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 20.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 5.9% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (3.2%). 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 18660
Population: 3,278
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 2,580 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What strategy should investors use in Wapwallopen, PA?
Investors usually favor careful cash-flow rentals with hands-on management in Wapwallopen, PA. With home values at $259K and rents near $1,062/mo, other strategies can work but produce predictable rather than outsized returns.
Is rental property easy to operate in Wapwallopen, PA?
The landlord environment in Wapwallopen, PA is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is it easy to find good tenants in Wapwallopen, PA?
The renter base in Wapwallopen, PA is reasonable for the $1,062/mo price point. Screening well and pricing to market typically yields stable tenants.
Does a duplex house hack pencil in Wapwallopen, PA?
For house hackers, Wapwallopen, PA is a challenging. The $1,062/mo rent on a unit helps defray the mortgage on a $259K property.
Is Wapwallopen in PA worth investing in?
Investors tracking Wapwallopen, PA will find a 3.0/5 rating supported by $259K median home values and $1,062/mo rents. That profile suits long-term holders targeting predictable returns.
You know 18660 now. You don’t know where it ranks.
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How 18660 ranks in Scranton--Wilkes-Barre, PA
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