Location: Venango County, PA | Metro: Venango County, PA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
U.S. Census Bureau data (2024)
The ZIP code 16372 presents an interesting mix of yield and stability that can be advantageous for both landlords and small-portfolio investors. On the yield axis, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970, which is significantly higher than the market rent of $627. This indicates a potential opportunity for landlords to secure higher rental incomes compared to what might typically be expected in the local market. The median home value of $101,237 also suggests that the area could be ripe for investment, particularly for those considering flipping properties to capitalize on the higher FMR rates.
Turning to stability, the ZIP code has 37.1% of residents who are renters, indicating a moderate level of demand for rental housing. While the days on market (DOM) figure is not available, the median household income of $46,458 provides insight into the financial capacity of the residents. This income level is crucial because it supports the ability of tenants to pay rent consistently, contributing to a stable cash flow for landlords. However, the gap between the FMR and market rent suggests that the area may not fully support the higher rent levels without adjustments, which could affect the immediate stability of rental income.
To classify this ZIP code, it falls into a category that is neither purely high-yield/low-stability nor a steady-cashflow zone. Instead, it represents a middle ground where the potential for higher yields exists but requires careful consideration of market dynamics. Investors looking to maximize returns through higher rents should prepare for possible challenges in finding tenants willing to pay the FMR rate. Conversely, those focusing on steady cash flow can leverage the existing market rent levels and the relatively stable income of the residents.
In summary, the data points towards a market where strategic pricing and tenant selection can lead to a balance between yield and stability. The high FMR relative to market rent ($970 vs $627) and the moderate renter population (37.1%) combined with the median income ($46,458) suggest opportunities for both flipping and long-term rental strategies, depending on the investor's goals and risk tolerance.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.