Real Estate Investing in Burgoon, Ohio (43407)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43407 (Burgoon, 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: 31.1% of homes vacant — above national norms.
• 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 Burgoon, OH (43407)?
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Market Analysis: 43407 Burgoon
Investors eyeing 43407 need to respect the fundamentals at play. Home values of $224K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $224K asset, 43407 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Burgoon have seen price recovery that 43407 has not matched. Sandusky County data supports the view that the spread is structural rather than temporary.
A sturdy renter share of 5% in 43407 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The right play in 43407 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 Burgoon:
Market Trends
Home Value History (with trend line)
📊 How Does 43407 Compare?
| Metric | 43407 | Burgoon | Fremont, OH | Ohio |
|---|---|---|---|---|
| Home Value | $223,969 | $223,969 | N/A | $237,530 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 7.4% |
| Avg Rent | $909 | $909 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 43407 (Burgoon, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $223,969 |
| Monthly Rent | $909 |
| Price-to-Rent | 20.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +10.5% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (3.2%). 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 43407
Population: 440
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 43407
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
Old Fort Elementary School Bettsville Campus
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 664 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much rent can I charge in Burgoon, OH?
Rents in Burgoon, OH run near $909/mo. Compared with median home prices of $224K that produces solid gross yields for typical rentals.
What is the typical renter like in Burgoon, OH?
Burgoon, OH offers a reliable renter base at the $909/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the rental occupancy rate in Burgoon, OH?
Burgoon, OH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Burgoon, OH suited for a house hack?
For house hackers, Burgoon, OH is a challenging. The $909/mo rent on a unit helps defray the mortgage on a $224K property.
What investment strategy works best in Burgoon, OH?
In Burgoon, OH the solid play is typically careful cash-flow rentals with hands-on management. The combination of $224K prices and $909/mo rents suits that approach.
You know 43407 now. You don’t know where it ranks.
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How 43407 ranks in Fremont, OH
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