Real Estate Investing in Lewis Center, Ohio (43035)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43035 (Lewis Center, OH)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
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 Lewis Center, OH (43035)?
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Market Analysis: 43035 Lewis Center
ZIP 43035 inside Delaware County looks affordable on the surface — median value of $512K — but the discount exists for reasons that a careful buyer should understand before committing.
From a cash-flow lens, the numbers look inviting — $512K purchase price, 0.0% nominal cap — the work to hit that pro forma in 43035 is substantial and deserves full respect.
Nearby ZIPs in Lewis Center have seen price recovery that 43035 has not matched. Delaware County data supports the view that the spread is structural rather than temporary.
A resilient renter share of 24% in 43035 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
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 Lewis Center:
Property Strategy for 43035
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $243,399 | $1,790 | 5.3% | +6.7% | $121,700 |
| 3BR | $445,869 | $2,150 | 3.5% | +6.9% | $148,623 |
| 4BR | $554,180 | $2,410 | 3.1% | +7.2% | $138,545 |
| 5BR | $672,873 | — | — | +7.3% | $134,575 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 43035 Compare?
| Metric | 43035 | Lewis Center | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $511,556 | $511,556 | N/A | $237,530 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 7.4% |
| Avg Rent | $1,800 | $1,800 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 43035 (Lewis Center, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $511,556 |
| Monthly Rent | $1,800 |
| Price-to-Rent | 23.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 Rent Trends
| 1-Year | +2.6% ▲ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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 43035
Population: 35,732
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 43035
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 does Lewis Center, OH rate as a rental market?
Yes - Lewis Center, OH a 3.0/5 investability score. With $512K home prices against $1,800/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is Lewis Center, OH landlord-friendly?
Rental owners in Lewis Center, OH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Which investment style suits Lewis Center, OH?
For Lewis Center, OH, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Is vacancy a concern in Lewis Center, OH?
Vacancy in Lewis Center, OH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,800/mo.
Does a duplex house hack pencil in Lewis Center, OH?
Lewis Center, OH offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,800/mo rent level.
You know 43035 now. You don’t know where it ranks.
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How 43035 ranks in Columbus, OH
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