Real Estate Investing in Neapolis, Ohio

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 616 • Lucas County

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Should you buy in Neapolis, OH? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (37/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
2 flags
  • High vacancy: 33.5% of homes vacant — above national norms.
  • Higher unemployment: 12.7% unemployment — tenant risk signal.

What’s happening in Neapolis, OH?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $162,433
Avg Monthly Rent $981
ZIP Codes 1

Investing in Neapolis Real Estate

Neapolis, OH covers 1 ZIP codes and a population but the investment metrics here are muted — this is not a market to enter casually.

Investors considering Neapolis, OH should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

The $981/mo / $162K relationship in Neapolis looks modest once vacancy and capex are incorporated into underwriting. seems to the realized yield tends to disappoint.

Demographics in Neapolis show real pressure — median income of $N/AK is sluggish relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Toledo, OH

Neapolis is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Neapolis, OH. Anonymous, moderated, never written by AI.

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Property managers serving Lucas County

Manage rentals here? List your business →

Flex Realty Property Management has been providing high quality and personal property management services in Toledo, Ohio since 1991. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$162,433
Avg Monthly Rent
$981
1% Rule
✗ Below
Landlord Friendly (OH)

📉 Market Crash Risk Index

Based on Toledo, OH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
41%
Days Pending
0/2
30 days

View all metro crash risk rankings →

⚖️ Balanced Market — Toledo, OH metro
30
Days to pending
9.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Neapolis, OH

Screen every ZIP in Neapolis

Filter Neapolis’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Neapolis, OH

Are there empty rentals in Neapolis, OH?

Vacancy in Neapolis, OH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $981/mo.

What is the smart move for investors in Neapolis, OH?

Most investors in Neapolis, OH run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Is it easy to find good tenants in Neapolis, OH?

The renter base in Neapolis, OH is reasonable for the $981/mo price point. Screening well and pricing to market typically yields measured tenants.

Is Neapolis, OH a good market for FHA house hackers?

Neapolis, OH offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $981/mo rent level.

Is Neapolis, OH a good market for buy-and-hold investors?

Investors tracking Neapolis, OH will find a 3.0/5 rating supported by $162K median home values and $981/mo rents. That profile suits long-term holders targeting even-keeled returns.

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