Real Estate Investing in Ulster, Pennsylvania (18837)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 18837 (Ulster, 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 vacancy: 19.2% 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 Ulster, PA (18837)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 18837 Ulster
ZIP 18837 inside Bradford County looks affordable on the surface — median value of $232K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $232K asset, 18837 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 18837 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Stepping back, 2,710 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 18837 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 Ulster:
Property Strategy for 18837
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $219,003 | $1,240 | 4.1% | — | $109,502 |
| 3BR | $228,201 | $1,560 | 4.9% | +6.6% | $76,067 |
| 4BR | $268,560 | $1,770 | 4.7% | — | $67,140 |
Market Trends
Home Value History (with trend line)
📊 How Does 18837 Compare?
| Metric | 18837 | Ulster | Sayre, PA | Pennsylvania |
|---|---|---|---|---|
| Home Value | $232,369 | $233,291 | N/A | $278,018 |
| 5-Year CAGR | 6.1% | 6.3% | N/A | 6.3% |
| Avg Rent | $1,116 | $1,085 | N/A | - |
| Cap Rate | 3.8% | 3.6% | - | - |
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 18837 (Ulster, PA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $232,369 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 17.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +8.9% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 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 (3.8%). 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 18837
Population: 2,710
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 18837
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
How does Ulster, PA rate as a rental market?
Ulster, PA scores 3.0/5 for investability. Home values sit at $232K and rents near $1,116/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is Ulster, PA better for rentals, flips, or BRRRR?
Ulster, PA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($232K prices, $1,116/mo rents) make it a reasonable choice.
Do landlords face vacancy issues in Ulster, PA?
Expect elevated vacancy in Ulster, PA. Rents at $1,116/mo are absorbed by the tenant base without meaningful lag.
How expensive is real estate in Ulster, PA?
The median home value in Ulster, PA is roughly $232K. That puts it reasonable relative to the PA statewide average.
Is it easy to find good tenants in Ulster, PA?
Tenant demand in Ulster, PA is solid. The local workforce $1,116/mo rents across most rental classes.
You know 18837 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 18837 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 18837 ranks in Sayre, PA
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