Real Estate Investing in Delaware, Ohio (43066)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43066 (Delaware, 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.
- High price-to-rent: Price-to-rent ratio 30.5 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Delaware, OH (43066)?
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Market Analysis: 43066 Delaware
ZIP 43066 inside Delaware County looks affordable on the surface — median value of $425K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 43066 can be a a strong candidate for hunting ground — but the discount at $425K reflects genuine risk that outside investors often underestimate.
Stepping back, 43066 offers a low basis, the region around Delaware has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 43066 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
seems to 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 Delaware:
Property Strategy for 43066
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $394,547 | $1,550 | 2.8% | +6.9% | $131,516 |
| 4BR | $520,538 | $1,730 | 2.4% | +8.0% | $130,134 |
Market Trends
Home Value History (with trend line)
📊 How Does 43066 Compare?
| Metric | 43066 | Delaware | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $425,334 | $421,076 | N/A | $237,530 |
| 5-Year CAGR | 4.8% | 4.9% | N/A | 7.4% |
| Avg Rent | $1,161 | $1,442 | N/A | - |
| Cap Rate | 2.1% | 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 43066 (Delaware, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $425,334 |
| Monthly Rent | $1,161 |
| Price-to-Rent | 30.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (2.1%). 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 43066
Population: 1,170
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
Investor Insight: With 1,277 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Delaware, OH for real estate investors?
Delaware, OH scores 3.0/5 for investability. Home values sit at $425K and rents near $1,161/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the tenant pool like in Delaware, OH?
Expect a solid tenant pool in Delaware, OH. The rental market absorbs $1,161/mo rents without meaningful friction.
What is the average monthly rent in Delaware, OH?
Expect rents around $1,161/mo per month in Delaware, OH. With home values at $425K, the yield math works out to reasonable levels for rental investors.
Is Delaware, OH suited for a house hack?
For house hackers, Delaware, OH is a challenging. The $1,161/mo rent on a unit helps defray the mortgage on a $425K property.
What type of investing works in Delaware, OH?
A careful cash-flow rentals with hands-on management strategy Delaware, OH best. The market produces steady results for that approach at the $425K price point.
You know 43066 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 43066 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 43066 ranks in Columbus, OH
Every ZIP in this metro, ranked. Free.
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