Real Estate Investing in Gambier, Ohio (43037)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43037 (Gambier, 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.
- Elevated vacancy: 10.4% vacancy may signal weakening demand.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gambier, OH (43037)?
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Market Analysis: 43037 Gambier
This part of Knox County is not an easy win. The 43037 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,116/mo on a $199K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 43037 sits below the stated 0.0% once reality is priced in.
ZIP 43037's metrics run below Knox County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 43037 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 43037 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Gambier:
Market Trends
Home Value History (with trend line)
📊 How Does 43037 Compare?
| Metric | 43037 | Gambier | Mount Vernon, OH | Ohio |
|---|---|---|---|---|
| Home Value | $198,550 | $292,193 | N/A | $237,530 |
| 5-Year CAGR | 6.0% | 6.4% | N/A | 7.4% |
| Avg Rent | $1,116 | $1,094 | N/A | - |
| Cap Rate | 4.4% | 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 43037 (Gambier, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $198,550 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 14.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (4.4%). 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 43037
Population: 265
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What strategy should investors use in Gambier, OH?
Investors usually favor careful cash-flow rentals with hands-on management in Gambier, OH. With home values at $199K and rents near $1,116/mo, other strategies can work but produce reliable rather than outsized returns.
How strong are rents in Gambier, OH?
Investors in Gambier, OH typically see rents near $1,116/mo per month against $199K home values - a solid setup for rental cash flow.
How qualified is the tenant pool in Gambier, OH?
The tenant pool in Gambier, OH is solid, supported by local employment and population fundamentals. Rents of $1,116/mo are well-absorbed by the market.
How viable is house hacking in Gambier, OH?
The house hack math a challenging in Gambier, OH. Owner-occupant buyers benefit from the $1,116/mo rents and $199K home values.
What price range are homes in Gambier, OH?
The median home value in Gambier, OH is roughly $199K. That puts it reasonable relative to the OH statewide average.
You know 43037 now. You don’t know where it ranks.
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How 43037 ranks in Mount Vernon, OH
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