Real Estate Investing in Wayne, Ohio (43466)
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Should you buy in 43466 (Wayne, OH)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
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 Wayne, OH (43466)?
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Market Analysis: 43466 Wayne
The 43466 ZIP covers a section of Wayne that demands careful diligence. Prices near $177K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 43466 can be a worth a close look for hunting ground — but the discount at $177K reflects genuine risk that outside investors often underestimate.
In the broader OH picture, 43466 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 43466 ZIP's population of 2,708 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
Distressed ZIPs reward experience. significant returns are possible in 43466, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Wayne:
Property Strategy for 43466
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $139,182 | $1,280 | 6.6% | +9.0% | $69,591 |
| 3BR | $193,496 | $1,640 | 6.1% | +8.2% | $64,499 |
| 4BR | $227,361 | $1,730 | 5.5% | +7.5% | $56,840 |
Market Trends
Home Value History (with trend line)
📊 How Does 43466 Compare?
| Metric | 43466 | Wayne | Toledo, OH | Ohio |
|---|---|---|---|---|
| Home Value | $177,087 | $177,087 | N/A | $237,530 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 7.4% |
| Avg Rent | $1,152 | $1,152 | N/A | - |
| Cap Rate | 5.1% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43466 (Wayne, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $177,087 |
| Monthly Rent | $1,152 |
| Price-to-Rent | 12.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.8% |
| Cap Rate | 5.1% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +8.6% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 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 (5.1%). 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 43466
Population: 2,708
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Are there empty rentals in Wayne, OH?
Vacancy in Wayne, OH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,152/mo.
Is Wayne, OH better for rentals, flips, or BRRRR?
Wayne, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($177K prices, $1,152/mo rents) make it a reasonable choice.
How much do tenants pay in Wayne, OH?
Expect rents around $1,152/mo per month in Wayne, OH. With home values at $177K, the yield math works out to reasonable levels for rental investors.
What price range are homes in Wayne, OH?
The median home value in Wayne, OH is roughly $177K. That puts it reasonable relative to the OH statewide average.
Is real estate in Wayne, OH a good investment right now?
Wayne, OH scores 3.0/5 for investability. Home values sit at $177K and rents near $1,152/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 43466 now. You don’t know where it ranks.
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How 43466 ranks in Toledo, OH
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