Real Estate Investing in Blacklick, Ohio (43004)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43004 (Blacklick, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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 Blacklick, OH (43004)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43004 Blacklick
Looking more closely, ZIP 43004 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $351K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 43004 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader OH picture, 43004 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 43004 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
tilts toward 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 Blacklick:
Property Strategy for 43004
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $159,296 | $1,340 | 6.1% | +8.8% | $159,296 |
| 2BR | $202,867 | $1,610 | 5.7% | +8.5% | $101,434 |
| 3BR | $341,199 | $1,930 | 4.1% | +7.7% | $113,733 |
| 4BR | $436,641 | $2,170 | 3.6% | +7.2% | $109,160 |
| 5BR | $793,288 | — | — | +7.7% | $158,658 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 43004 Compare?
| Metric | 43004 | Blacklick | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $351,036 | $351,036 | N/A | $237,530 |
| 5-Year CAGR | 5.1% | 5.1% | N/A | 7.4% |
| Avg Rent | $1,588 | $1,588 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
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 43004 (Blacklick, OH). Anonymous, moderated, never written by AI.
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Property managers serving Franklin County
Manage rentals here? List your business →Associa RPM provides comprehensive HOA and condominium management services in the greater Columbus, Dublin, Cincinnati, and Dayton areas of Ohio. summary from their website
Heart & Home Property Management offers services for single-family homes and multi-family properties in Columbus, including rentals and owner support. summary from their website
SBS Property Management provides management, maintenance, inspections, finances, and communications for Condominium and Homeowner Associations across Ohio. 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 | $351,036 |
| Monthly Rent | $1,588 |
| Price-to-Rent | 18.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 Rent Trends
| 1-Year | -13.0% ▼ |
| 3-Year CAGR | -2.9% ▼ |
| 5-Year CAGR | +1.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 43004
Population: 31,416
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 43004
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 much does a house cost in Blacklick, OH?
Homes in Blacklick, OH typically sell near $351K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
Are renters plentiful in Blacklick, OH?
Working renters make up the core of the Blacklick, OH tenant base. The pool is reasonable for investors targeting long-term holds.
What type of investing works in Blacklick, OH?
A careful cash-flow rentals with hands-on management strategy Blacklick, OH best. The market produces steady results for that approach at the $351K price point.
Is house hacking profitable in Blacklick, OH?
House hacking works a challenging in Blacklick, OH. Rents of $1,588/mo against $351K acquisition make the strategy solid for owner-occupants.
Is Blacklick, OH a friendly market for rental owners?
For rental operators, Blacklick, OH rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 43004 now. You don’t know where it ranks.
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How 43004 ranks in Columbus, OH
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