Real Estate Investing in Lakeview, Ohio (43331)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43331 (Lakeview, 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: 45.9% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lakeview, OH (43331)?
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Market Analysis: 43331 Lakeview
Not every below-median market is a bargain. Lakeview's 43331 ZIP shows signals that favor experienced operators who can absorb the risk $201K pricing implies.
Rent of $990/mo on a $201K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 43331 sits below the stated 0.0% once reality is priced in.
In the broader OH picture, 43331 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 43331 includes headwinds that any investor should price in. Income distribution skews lower than Lakeview averages, and tenant stability requires active management.
Strategy in 43331 is an operator game, not a passive one. Meanwhile, entry prices of $201K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Lakeview:
Property Strategy for 43331
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $103,635 | $840 | 5.8% | +8.4% | $103,635 |
| 2BR | $158,164 | $1,100 | 5.0% | +7.7% | $79,082 |
| 3BR | $247,265 | $1,350 | 3.9% | +7.1% | $82,422 |
| 4BR | $364,661 | $1,470 | 2.9% | +7.4% | $91,165 |
Market Trends
Home Value History (with trend line)
📊 How Does 43331 Compare?
| Metric | 43331 | Lakeview | Bellefontaine, OH | Ohio |
|---|---|---|---|---|
| Home Value | $200,634 | $200,634 | N/A | $237,530 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 7.4% |
| Avg Rent | $990 | $990 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43331 (Lakeview, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $200,634 |
| Monthly Rent | $990 |
| Price-to-Rent | 16.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.9% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +4.9% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (3.9%). 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 43331
Population: 4,012
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 much should I expect to pay for a home in Lakeview, OH?
Expect median prices around $201K in Lakeview, OH. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Is house hacking profitable in Lakeview, OH?
House hacking in Lakeview, OH is reasonable to execute. Prices around $201K and rents of $990/mo solid owner-occupant economics.
What kind of vacancy should I budget for in Lakeview, OH?
Lakeview, OH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Are landlord laws favorable in Lakeview, OH?
Rental owners in Lakeview, OH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is Lakeview in OH worth investing in?
Investors tracking Lakeview, OH will find a 3.0/5 rating supported by $201K median home values and $990/mo rents. That profile suits long-term holders targeting measured returns.
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How 43331 ranks in Bellefontaine, OH
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