Real Estate Investing in Lincoln Village, Ohio (43228)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43228 (Lincoln Village, 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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Lincoln Village, OH (43228)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43228 Lincoln Village
Put differently, ZIP 43228 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $226K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $226K asset, 43228 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within OH, ZIP 43228 trails on several market indicators that neighboring Franklin County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Demographically, 43228 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.
Distressed ZIPs reward experience. notable returns are possible in 43228, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Lincoln Village:
Property Strategy for 43228
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $128,141 | $1,130 | 6.3% | +7.6% | $128,141 |
| 2BR | $168,805 | $1,350 | 5.8% | +8.5% | $84,402 |
| 3BR | $253,239 | $1,620 | 4.6% | +8.0% | $84,413 |
| 4BR | $339,392 | $1,820 | 3.9% | +8.6% | $84,848 |
| 5BR | $331,067 | — | — | +7.9% | $66,213 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 43228 Compare?
| Metric | 43228 | Lincoln Village | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $225,810 | $225,810 | N/A | $237,530 |
| 5-Year CAGR | 4.4% | 4.4% | N/A | 7.4% |
| Avg Rent | $1,266 | $1,266 | N/A | - |
| Cap Rate | 4.4% | 4.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43228 (Lincoln Village, OH). Anonymous, moderated, never written by AI.
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Property managers serving Franklin County
Manage rentals here? List your business →Associa RPM provides comprehensive HOA and condominium management services in the greater Columbus, Dublin, Cincinnati, and Dayton areas of Ohio. summary from their website
Heart & Home Property Management offers services for single-family homes and multi-family properties in Columbus, including rentals and owner support. summary from their website
SBS Property Management provides management, maintenance, inspections, finances, and communications for Condominium and Homeowner Associations across Ohio. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $225,810 |
| Monthly Rent | $1,266 |
| Price-to-Rent | 14.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.4% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +2.2% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 Rent Trends
| 1-Year | -3.5% ▼ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +3.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.4%). 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 43228
Population: 58,607
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 43228
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
Investor Insight: With 9,181 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Lincoln Village, OH?
Homes in Lincoln Village, OH typically sell near $226K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
Is it easy to find good tenants in Lincoln Village, OH?
The renter base in Lincoln Village, OH is reasonable for the $1,266/mo price point. Screening well and pricing to market typically yields steady tenants.
How strict are landlord regulations in Lincoln Village, OH?
Rental owners in Lincoln Village, OH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How quickly do rentals get leased in Lincoln Village, OH?
Lincoln Village, OH carries elevated vacancy risk. Expect measured absorption at market rents of $1,266/mo.
Does house hacking make sense in Lincoln Village, OH?
House hacking works a challenging in Lincoln Village, OH. Rents of $1,266/mo against $226K acquisition make the strategy solid for owner-occupants.
You know 43228 now. You don’t know where it ranks.
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How 43228 ranks in Columbus, OH
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