Real Estate Investing in Carroll, Ohio (43112)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43112 (Carroll, 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 32.6 — 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 Carroll, OH (43112)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43112 Carroll
Turning to rents, ZIP 43112 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $437K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 43112 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 43112 and stronger Carroll ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 43112 ZIP's population of 4,961 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Experienced landlords with local relationships tend to find 43112 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Carroll:
Property Strategy for 43112
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $265,473 | $1,240 | 3.4% | +7.4% | $132,737 |
| 3BR | $389,577 | $1,490 | 2.8% | +7.0% | $129,859 |
| 4BR | $517,098 | $1,670 | 2.3% | +7.8% | $129,275 |
Market Trends
Home Value History (with trend line)
📊 How Does 43112 Compare?
| Metric | 43112 | Carroll | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $437,074 | $437,074 | N/A | $237,530 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 7.4% |
| Avg Rent | $1,116 | $1,116 | N/A | - |
| Cap Rate | 2.0% | 2.0% | - | - |
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 43112 (Carroll, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $437,074 |
| Monthly Rent | $1,116 |
| Price-to-Rent | 32.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (2.0%). 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 43112
Population: 4,961
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 43112
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
Where do home prices stand in Carroll, OH?
Carroll, OH median home values land near $437K. That is reasonable territory for investors looking at $1,116/mo-per-month rentals.
What strategy should investors use in Carroll, OH?
Investors usually favor careful cash-flow rentals with hands-on management in Carroll, OH. With home values at $437K and rents near $1,116/mo, other strategies can work but produce consistent rather than outsized returns.
How strong are rents in Carroll, OH?
The typical rental in Carroll, OH commands about $1,116/mo monthly. That rent profile measured cash flow against the $437K purchase basis.
Does Carroll, OH make sense for an investment property?
With a 3.0/5 investability score, Carroll, OH ranks as a solid market for rental property investors. Median prices of $437K and rents of $1,116/mo drive the underlying numbers.
What is the typical renter like in Carroll, OH?
Carroll, OH offers a stable renter base at the $1,116/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 43112 now. You don’t know where it ranks.
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How 43112 ranks in Columbus, OH
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