Real Estate Investing in New Bloomington, Ohio (43332)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43332 (New Bloomington, 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: 15.4% 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 New Bloomington, OH (43332)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43332 New Bloomington
The 43332 ZIP in New Bloomington, OH is a local-operator market. Outside capital chasing a $213K entry has to pair deep knowledge with the discount.
The 43332 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 43332 sits on the difficult end of the OH spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 43332 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 43332 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in New Bloomington:
Property Strategy for 43332
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $160,290 | $990 | 4.4% | +6.8% | $80,145 |
| 3BR | $215,320 | $1,210 | 4.0% | +6.3% | $71,773 |
| 4BR | $237,019 | $1,340 | 4.1% | +6.5% | $59,255 |
Market Trends
Home Value History (with trend line)
📊 How Does 43332 Compare?
| Metric | 43332 | New Bloomington | Marion, OH | Ohio |
|---|---|---|---|---|
| Home Value | $212,709 | $211,152 | N/A | $237,530 |
| 5-Year CAGR | 5.0% | 4.8% | N/A | 7.4% |
| Avg Rent | $891 | $882 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 43332 (New Bloomington, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 43332 (New Bloomington, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $212,709 |
| Monthly Rent | $891 |
| Price-to-Rent | 19.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +7.5% ▲ |
🏠 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 (3.3%). 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 43332
Population: 1,762
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 kind of market is New Bloomington, OH for investors?
Our data puts New Bloomington, OH at 3.0/5 for investability. Home prices of $213K and rents around $891/mo create a solid backdrop for investor activity.
What are home prices like in New Bloomington, OH?
The median home value in New Bloomington, OH is roughly $213K. That puts it reasonable relative to the OH statewide average.
Are there empty rentals in New Bloomington, OH?
New Bloomington, OH sees elevated vacancy, which is reasonable relative to the broader OH rental market.
What is the tenant pool like in New Bloomington, OH?
Expect a solid tenant pool in New Bloomington, OH. The rental market absorbs $891/mo rents without meaningful friction.
What is the typical rental rate in New Bloomington, OH?
The typical rental in New Bloomington, OH commands about $891/mo monthly. That rent profile even-keeled cash flow against the $213K purchase basis.
You know 43332 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 43332 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 43332 ranks in Marion, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 43332 (New Bloomington)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 43332 (New Bloomington, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.