Real Estate Investing in Berkey, Ohio (43504)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43504 (Berkey, 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 Berkey, OH (43504)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43504 Berkey
The 43504 ZIP covers a section of Berkey that demands careful diligence. Prices near $294K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 43504 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 43504 sits on the difficult end of the OH spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The 43504 ZIP's population of 1,086 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that shows the need for careful underwriting.
Distressed ZIPs reward experience. impressive returns are possible in 43504, 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 Berkey:
Property Strategy for 43504
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $276,048 | $1,500 | 3.9% | +6.2% | $92,016 |
| 4BR | $385,867 | $1,610 | 3.0% | +6.5% | $96,467 |
Market Trends
Home Value History (with trend line)
📊 How Does 43504 Compare?
| Metric | 43504 | Berkey | Toledo, OH | Ohio |
|---|---|---|---|---|
| Home Value | $293,690 | $293,690 | N/A | $237,530 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 7.4% |
| Avg Rent | $1,053 | $1,053 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 43504 (Berkey, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 43504 (Berkey, OH)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Lucas County
Manage rentals here? List your business →Flex Realty Property Management has been providing high quality and personal property management services in Toledo, Ohio since 1991. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $293,690 |
| Monthly Rent | $1,053 |
| Price-to-Rent | 23.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 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 (2.8%). 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 43504
Population: 1,086
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
How much does a house cost in Berkey, OH?
Homes in Berkey, OH typically sell near $294K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.
Is the tenant base reliable in Berkey, OH?
Tenant demand in Berkey, OH is solid. The local workforce $1,053/mo rents across most rental classes.
What is the typical rental rate in Berkey, OH?
The typical rental in Berkey, OH commands about $1,053/mo monthly. That rent profile measured cash flow against the $294K purchase basis.
Is Berkey, OH a friendly market for rental owners?
Berkey, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is house hacking profitable in Berkey, OH?
House hacking works a challenging in Berkey, OH. Rents of $1,053/mo against $294K acquisition make the strategy solid for owner-occupants.
You know 43504 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 43504 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 43504 ranks in Toledo, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 43504 (Berkey)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 43504 (Berkey, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.