Real Estate Investing in Middle Bass, Ohio (43446)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Ottawa County • Population: 38 • Data updated: September 2026

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Should you buy in 43446 (Middle Bass, OH)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 92.9% 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 Middle Bass, OH (43446)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $298,441
Avg Monthly Rent $999
1% Rule ✗ Does Not Meet
Median Income $53,000
% Renters 3.1%

Market Analysis: 43446 Middle Bass

The 43446 ZIP in Middle Bass, OH is a local-operator market. Outside capital chasing a $298K entry has to pair deep knowledge with the discount.

The investment case in 43446 is impressive only for operators who understand what they are buying. A $298K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

The gap between 43446 and stronger Middle Bass ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Stepping back, 38 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Strategy in 43446 is an operator game, not a passive one. In practical terms, entry prices of $298K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Middle Bass:

C Below Average
Buy Confidence Score: 58/100
Affordability
10/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.6× the median income
Value Trend
Rising (+4.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $999/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
⚖️
BALANCED MARKET
Toledo, OH Metro Area
Even conditions for buyers and sellers
30 days
Average time to sell
Fast
9.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Toledo, OH metro data
🏠

Property Strategy for 43446

Which property type performs best in this market?

Best for Cash Flow
2BR
3.3% cap rate
Best for Appreciation
3BR
+6.3% 5yr CAGR
Best Overall Value
3BR
$113,327/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $241,964 $1,110 3.3% +3.1% $120,982
3BR $339,982 $1,330 2.8% +6.3% $113,327

Market Trends

Home Value History (with trend line)

$309K$279K$249K$219K$189K$159KJul 2006Jul 2016Jul 2026

📊 How Does 43446 Compare?

Metric 43446 Middle Bass Toledo, OH Ohio
Home Value $298,441 $298,441 N/A $237,530
5-Year CAGR 3.4% 3.4% N/A 7.4%
Avg Rent $999 $999 N/A -
Cap Rate 2.6% 2.6% - -
💡 Why Invest in 43446? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 43446 (Middle Bass, OH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.6%
Low
5yr Growth
+3.4%
Moderate

📉 Market Crash Risk Index

Based on Toledo, OH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
41%
Days Pending
0/2
30 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $298,441
Monthly Rent $999
Price-to-Rent 24.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.0%
Cap Rate 2.6%
5-Year IRR 6.0%

📈 Home Appreciation

1-Year +4.4% ▲
3-Year CAGR +3.4% ▲
5-Year CAGR +3.4% ▲
10-Year CAGR +4.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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.

Vacancy
92.9%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+3.4%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 43446

Population: 38

💰 Median Household Income
$53,000
This area
$53,000
State
$68,496
USA
$74,580
🏠 Renter Occupied
3.1%
This area
3.1%
State
25.8%
USA
34.0%
💼 Unemployment Rate
1.7%
This area
1.7%
State
-9.1%
USA
3.7%
🎓 College Educated
38.0%
This area
38.0%
State
8.4%
USA
33.7%
👤 Median Age
67.4 years
This area
67.4 years
State
19.6 years
USA
38.9 years
🏚️ Vacancy Rate
92.9%
This area
92.9%
State
11.1%
USA
10.5%
👥 Population by Ethnicity
White 81.4%
Hispanic/Latino 11.9%
Other/Mixed 11.9%
Black/African American 6.8%
👶 Under 18
1.7%
This area
1.7%
USA
22.0%
👴 65 and Over
59.3%
This area
59.3%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
USA
11.5%

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 43446

Nearby Schools (2 more)

Schools in adjacent ZIP codes that may serve this area

B+ Above Average

Put-In-Bay High School

📚 07 – 12 High School
📍 548 Catawba Ave, Put-In-Bay
👥
27 Students
👨‍🏫
13.5:1 Class Size
💰
$45,508 Per Student
C+ Average

Put-In-Bay Elementary School

📚 Pre-K – 06 School
📍 548 Catawba Ave, Put-In-Bay
👥
45 Students
👨‍🏫
22.5:1 Class Size
💰
$45,508 Per Student
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

Are renters plentiful in Middle Bass, OH?

Working renters make up the core of the Middle Bass, OH tenant base. The pool is reasonable for investors targeting long-term holds.

Can I live-in-and-rent in Middle Bass, OH?

House hacking in Middle Bass, OH is a challenging. With home values around $298K and rents at $999/mo, owner-occupants can offset a meaningful share of PITI.

Are landlord laws favorable in Middle Bass, OH?

Rental owners in Middle Bass, OH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

What monthly rent should investors expect in Middle Bass, OH?

Average rent in Middle Bass, OH is approximately $999/mo per month. Against $298K home values that yields a reasonable rent-to-price ratio.

How much does a house cost in Middle Bass, OH?

In Middle Bass, OH the median home value sits at $298K. Against the broader OH market, that reads as reasonable for most investors.

You know 43446 now. You don’t know where it ranks.

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How 43446 ranks in Toledo, OH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →
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