Real Estate Investing in Sugar Grove, Ohio (43155)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43155 (Sugar Grove, 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.
- High vacancy: 14.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 28.8 — 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 Sugar Grove, OH (43155)?
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Market Analysis: 43155 Sugar Grove
Investors eyeing 43155 need to respect the fundamentals at play. Home values of $349K come alongside slower price movement and elevated management overhead.
In practical terms, the numbers look inviting — $349K purchase price, 0.0% nominal cap — the work to hit that pro forma in 43155 is substantial and deserves full respect.
Looking more closely, 43155 offers a low basis, the region around Sugar Grove has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 43155 includes headwinds that any investor should price in. Income distribution skews lower than Sugar Grove averages, and tenant stability requires active management.
New investors are better served looking at Sugar Grove's stable or hybrid ZIPs before stepping into 43155. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Sugar Grove:
Property Strategy for 43155
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $291,268 | $1,120 | 2.8% | +8.8% | $145,634 |
| 3BR | $354,686 | $1,450 | 2.9% | +8.2% | $118,229 |
| 4BR | $430,833 | $1,560 | 2.6% | +7.5% | $107,708 |
Market Trends
Home Value History (with trend line)
📊 How Does 43155 Compare?
| Metric | 43155 | Sugar Grove | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $348,722 | $348,722 | N/A | $237,530 |
| 5-Year CAGR | 5.6% | 5.6% | N/A | 7.4% |
| Avg Rent | $1,008 | $1,008 | N/A | - |
| Cap Rate | 2.3% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43155 (Sugar Grove, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $348,722 |
| Monthly Rent | $1,008 |
| Price-to-Rent | 28.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.5% |
| Cap Rate | 2.3% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (2.3%). 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 43155
Population: 2,423
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 43155
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
Is Sugar Grove, OH a good place for real estate investing?
Yes - Sugar Grove, OH a 3.0/5 investability score. With $349K home prices against $1,008/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is OH a landlord-friendly state?
The landlord environment in Sugar Grove, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Which investment style suits Sugar Grove, OH?
A careful cash-flow rentals with hands-on management strategy Sugar Grove, OH best. The market produces even-keeled results for that approach at the $349K price point.
Is house hacking profitable in Sugar Grove, OH?
House hacking works a challenging in Sugar Grove, OH. Rents of $1,008/mo against $349K acquisition make the strategy solid for owner-occupants.
Are rents high in Sugar Grove, OH?
Sugar Grove, OH rentals go for roughly $1,008/mo a month. That puts gross yield in solid territory relative to $349K acquisition costs.
You know 43155 now. You don’t know where it ranks.
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How 43155 ranks in Columbus, OH
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