Real Estate Investing in Edon, Ohio (43518)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43518 (Edon, 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 Edon, OH (43518)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43518 Edon
From a cash-flow lens, ZIP 43518 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $210K median. It rewards specialists, not generalists.
The investment case in 43518 is substantial only for operators who understand what they are buying. A $210K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within OH, ZIP 43518 trails on several market indicators that neighboring Williams County submarkets outperform. The gap is real and significant enough to shape underwriting.
Employment concentration in 43518 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
tilts toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Edon:
Property Strategy for 43518
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $163,844 | $1,160 | 5.1% | +8.0% | $81,922 |
| 3BR | $208,077 | $1,440 | 5.0% | +8.8% | $69,359 |
| 4BR | $225,994 | $1,540 | 4.9% | +8.7% | $56,498 |
Market Trends
Home Value History (with trend line)
📊 How Does 43518 Compare?
| Metric | 43518 | Edon | Ohio |
|---|---|---|---|
| Home Value | $210,026 | $210,026 | $237,530 |
| 5-Year CAGR | 6.8% | 6.8% | 7.4% |
| Avg Rent | $1,044 | $1,044 | - |
| Cap Rate | 3.9% | 3.9% | - |
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 43518 (Edon, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 43518 (Edon, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $210,026 |
| Monthly Rent | $1,044 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +8.3% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (3.9%). 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 43518
Population: 3,003
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 43518
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What are home prices like in Edon, OH?
Median home price in Edon, OH is near $210K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
What is the rental occupancy rate in Edon, OH?
Edon, OH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
What is the renter demographic in Edon, OH?
Edon, OH offers a even-keeled renter base at the $1,044/mo rent level. Tenant turnover is reasonable for well-managed properties.
What does house hacking look like in Edon, OH?
The a challenging house-hack environment in Edon, OH reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Should investors consider Edon, OH?
With a 3.0/5 investability score, Edon, OH ranks as a solid market for rental property investors. Median prices of $210K and rents of $1,044/mo drive the underlying numbers.
You know 43518 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 43518 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.
AI Market Advisor
Ask questions about investing in 43518 (Edon)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 43518 (Edon, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.
