Real Estate Investing in Wharton, Ohio (43359)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43359 (Wharton, 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.
- Elevated vacancy: 11.6% vacancy may signal weakening demand.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wharton, OH (43359)?
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Market Analysis: 43359 Wharton
ZIP 43359 inside Wyandot County looks affordable on the surface — median value of $169K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $169K asset, 43359 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within OH, ZIP 43359 trails on several market indicators that neighboring Wyandot County submarkets outperform. The gap is real and significant enough to shape underwriting.
The demographic picture in 43359 includes headwinds that any investor should price in. Income distribution skews lower than Wharton averages, and tenant stability requires active management.
looks 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 Wharton:
Market Trends
Home Value History (with trend line)
📊 How Does 43359 Compare?
| Metric | 43359 | Wharton | Ohio |
|---|---|---|---|
| Home Value | $168,822 | $168,822 | $237,530 |
| 5-Year CAGR | 5.0% | 5.0% | 7.4% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 4.0% | 4.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43359 (Wharton, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $168,822 |
| Monthly Rent | $873 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +10.2% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (4.0%). 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 43359
Population: 616
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
What is the investability score for Wharton, OH?
Yes - Wharton, OH a 3.0/5 investability score. With $169K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is the typical rental rate in Wharton, OH?
The typical rental in Wharton, OH commands about $873/mo monthly. That rent profile even-keeled cash flow against the $169K purchase basis.
Should investors worry about vacancy in Wharton, OH?
Vacancy in Wharton, OH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.
Is house hacking profitable in Wharton, OH?
House hacking works a challenging in Wharton, OH. Rents of $873/mo against $169K acquisition make the strategy solid for owner-occupants.
Which real estate strategy fits Wharton, OH?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Wharton, OH. The numbers - $169K homes against $873/mo rents - support that play.
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