Real Estate Investing in Upper Sandusky, Ohio (43351)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43351 (Upper Sandusky, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Upper Sandusky, OH (43351)?
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Market Analysis: 43351 Upper Sandusky
This part of Wyandot is not an easy win. The 43351 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $873/mo on a $207K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 43351 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 43351 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 43351 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.
The right play in 43351 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Upper Sandusky:
Property Strategy for 43351
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $158,649 | $970 | 4.4% | +6.7% | $79,324 |
| 3BR | $205,001 | $1,240 | 4.4% | +6.6% | $68,334 |
| 4BR | $223,411 | $1,420 | 4.6% | +6.4% | $55,853 |
Market Trends
Home Value History (with trend line)
📊 How Does 43351 Compare?
| Metric | 43351 | Upper Sandusky | Ohio |
|---|---|---|---|
| Home Value | $207,341 | $207,341 | $237,530 |
| 5-Year CAGR | 5.5% | 5.5% | 7.4% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 3.3% | 3.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43351 (Upper Sandusky, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $207,341 |
| Monthly Rent | $873 |
| Price-to-Rent | 19.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (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 43351
Population: 10,568
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 43351
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.
Frequently Asked Questions
How strong are rents in Upper Sandusky, OH?
Upper Sandusky, OH rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $207K acquisition costs.
How expensive is real estate in Upper Sandusky, OH?
Expect median prices around $207K in Upper Sandusky, OH. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Is Upper Sandusky in OH worth investing in?
With a 3.0/5 investability score, Upper Sandusky, OH ranks as a solid market for rental property investors. Median prices of $207K and rents of $873/mo drive the underlying numbers.
How tight is the rental market in Upper Sandusky, OH?
Occupancy in Upper Sandusky, OH runs measured with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.
Is Upper Sandusky, OH a friendly market for rental owners?
The landlord environment in Upper Sandusky, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 43351 now. You don’t know where it ranks.
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