Real Estate Investing in Mount Sterling, Ohio (43143)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43143 (Mount Sterling, OH)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.5% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mount Sterling, OH (43143)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43143 Mount Sterling
ZIP 43143 in Mount Sterling, OH carries a significant set of headwinds. Home values near $297K and rents of $1,062/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 43143 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within OH, ZIP 43143 trails on several market indicators that neighboring Pickaway County submarkets outperform. The gap is real and significant enough to shape underwriting.
Demographically, 43143 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 43143 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Mount Sterling:
Property Strategy for 43143
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $193,803 | $1,180 | 4.4% | +6.8% | $96,901 |
| 3BR | $290,132 | $1,430 | 3.5% | +7.3% | $96,711 |
| 4BR | $353,441 | $1,600 | 3.3% | +7.3% | $88,360 |
Market Trends
Home Value History (with trend line)
📊 How Does 43143 Compare?
| Metric | 43143 | Mount Sterling | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $296,892 | $296,892 | N/A | $237,530 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 7.4% |
| Avg Rent | $1,062 | $1,062 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 43143 (Mount Sterling, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 43143 (Mount Sterling, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $296,892 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 23.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (2.8%). 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 43143
Population: 5,609
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
Frequently Asked Questions
How should investors approach Mount Sterling, OH?
In Mount Sterling, OH the durable play is typically careful cash-flow rentals with hands-on management. The combination of $297K prices and $1,062/mo rents suits that approach.
What is the tenant pool like in Mount Sterling, OH?
Expect a solid tenant pool in Mount Sterling, OH. The rental market absorbs $1,062/mo rents without meaningful friction.
What price range are homes in Mount Sterling, OH?
The median home value in Mount Sterling, OH is roughly $297K. That puts it reasonable relative to the OH statewide average.
Is Mount Sterling, OH landlord-friendly?
OH law landlord-friendly for landlords, and Mount Sterling inherits those rules. Investors should still review local ordinances for rental licensing.
Does a duplex house hack pencil in Mount Sterling, OH?
For house hackers, Mount Sterling, OH is a challenging. The $1,062/mo rent on a unit helps defray the mortgage on a $297K property.
You know 43143 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 43143 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 43143 ranks in Columbus, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 43143 (Mount Sterling)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 43143 (Mount Sterling, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.