Real Estate Investing in Cable, Ohio (43009)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43009 (Cable, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cable, OH (43009)?
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Market Analysis: 43009 Cable
ZIP 43009 inside Champaign County looks affordable on the surface — median value of $347K — but the discount exists for reasons that a careful buyer should understand before committing.
The 43009 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 43009 and stronger Cable ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A healthy renter share of 10% in 43009 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
trends 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 Cable:
Property Strategy for 43009
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $322,639 | $1,640 | 3.7% | +8.7% | $107,546 |
| 4BR | $407,840 | $1,810 | 3.2% | +9.0% | $101,960 |
Market Trends
Home Value History (with trend line)
📊 How Does 43009 Compare?
| Metric | 43009 | Cable | Urbana, OH | Ohio |
|---|---|---|---|---|
| Home Value | $347,200 | $347,200 | N/A | $237,530 |
| 5-Year CAGR | 7.3% | 7.3% | N/A | 7.4% |
| Avg Rent | $1,161 | $1,161 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
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 43009 (Cable, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $347,200 |
| Monthly Rent | $1,161 |
| Price-to-Rent | 24.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +11.6% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 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 (2.6%). 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 43009
Population: 2,054
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 is the typical vacancy rate in Cable, OH?
Occupancy in Cable, OH runs even-keeled with elevated vacancy. Well-priced units at $1,161/mo lease on reasonable timelines.
Where do home prices stand in Cable, OH?
Cable, OH median home values land near $347K. That is reasonable territory for investors looking at $1,161/mo-per-month rentals.
How strong is Cable, OH for real estate investors?
Cable, OH rates 3.0/5 for investability. With median values at $347K and rents near $1,161/mo, the market offers reasonable fundamentals for rental investors.
How strict are landlord regulations in Cable, OH?
Rental owners in Cable, OH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What is the typical rental rate in Cable, OH?
Investors in Cable, OH typically see rents near $1,161/mo per month against $347K home values - a solid setup for rental cash flow.
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How 43009 ranks in Urbana, OH
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