Real Estate Investing in King of Prussia, Pennsylvania (19406)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 19406 (King of Prussia, 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.
No major risk flags on the data we track.
What’s happening in King of Prussia, PA (19406)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 19406 King of Prussia
The 19406 ZIP covers a section of King of Prussia that demands careful diligence. Prices near $503K look accessible, but the work to make a deal cash flow is real.
From a cash-flow lens, the numbers look inviting — $503K purchase price, 0.0% nominal cap — the work to hit that pro forma in 19406 is substantial and deserves full respect.
Statewide comparisons place 19406 among PA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 19406 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
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 King of Prussia:
Property Strategy for 19406
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $249,748 | $2,090 | 6.0% | — | $249,748 |
| 2BR | $339,064 | $2,490 | 5.3% | +7.3% | $169,532 |
| 3BR | $458,291 | $2,990 | 4.7% | +6.7% | $152,764 |
| 4BR | $553,151 | $3,330 | 4.3% | +7.0% | $138,288 |
| 5BR | $661,580 | — | — | +7.4% | $132,316 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 19406 Compare?
| Metric | 19406 | King of Prussia | Pennsylvania |
|---|---|---|---|
| Home Value | $502,531 | $502,531 | $278,018 |
| 5-Year CAGR | 5.3% | 5.3% | 6.3% |
| Avg Rent | $2,141 | $2,141 | - |
| Cap Rate | 3.3% | 3.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 19406 (King of Prussia, PA). Anonymous, moderated, never written by AI.
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Property managers serving Montgomery County
Manage rentals here? List your business →Apartment Property Management Services 42 LLC. summary from their website
Big Realty Property Management. summary from their website
Lindy Communities offers apartments in Greater Philadelphia, PA, FL & OH, including pet-friendly options. 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 | $502,531 |
| Monthly Rent | $2,141 |
| Price-to-Rent | 19.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | -1.8% ▼ |
| 3-Year CAGR | +1.2% ▲ |
| 5-Year CAGR | +2.9% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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 19406
Population: 29,388
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 19406
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Wayne El Sch
Bridgeport El Sch
Radnor MS
Roberts El Sch
Radnor 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 much rent can I charge in King of Prussia, PA?
Rents in King of Prussia, PA run near $2,141/mo. Compared with median home prices of $503K that produces solid gross yields for typical rentals.
What is the renter demographic in King of Prussia, PA?
King of Prussia, PA offers a consistent renter base at the $2,141/mo rent level. Tenant turnover is reasonable for well-managed properties.
What strategy should investors use in King of Prussia, PA?
A careful cash-flow rentals with hands-on management strategy King of Prussia, PA best. The market produces measured results for that approach at the $503K price point.
How much does a house cost in King of Prussia, PA?
In King of Prussia, PA the median home value sits at $503K. Against the broader PA market, that reads as reasonable for most investors.
Should investors worry about vacancy in King of Prussia, PA?
Vacancy in King of Prussia, PA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,141/mo.
You know 19406 now. You don’t know where it ranks.
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How 19406 ranks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
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