Real Estate Investing in Delta, Ohio (43515)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43515 (Delta, 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 Delta, OH (43515)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43515 Delta
ZIP 43515 inside Fulton County looks affordable on the surface — median value of $227K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 43515 can be a a solid fit for hunting ground — but the discount at $227K reflects genuine risk that outside investors often underestimate.
Within OH, ZIP 43515 trails on several market indicators that neighboring Fulton County submarkets outperform. The gap is real and durable enough to shape underwriting.
Put differently, 8,139 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.
Experienced landlords with local relationships tend to find 43515 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Delta:
Property Strategy for 43515
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $176,082 | $970 | 4.0% | +5.9% | $88,041 |
| 3BR | $224,652 | $1,250 | 4.0% | +6.8% | $74,884 |
| 4BR | $245,191 | $1,320 | 3.9% | +6.8% | $61,298 |
Market Trends
Home Value History (with trend line)
📊 How Does 43515 Compare?
| Metric | 43515 | Delta | Toledo, OH | Ohio |
|---|---|---|---|---|
| Home Value | $227,353 | $227,353 | N/A | $237,530 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 7.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
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 43515 (Delta, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $227,353 |
| Monthly Rent | $873 |
| Price-to-Rent | 21.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (3.0%). 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 43515
Population: 8,139
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 43515
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.
Frequently Asked Questions
Is real estate in Delta, OH a good investment right now?
Delta, OH scores 3.0/5 for investability. Home values sit at $227K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What are vacancy rates like in Delta, OH?
Delta, OH sees elevated vacancy, which is reasonable relative to the broader OH rental market.
What monthly rent should investors expect in Delta, OH?
Average rent in Delta, OH is approximately $873/mo per month. Against $227K home values that yields a reasonable rent-to-price ratio.
Which investment style suits Delta, OH?
A careful cash-flow rentals with hands-on management strategy Delta, OH best. The market produces stable results for that approach at the $227K price point.
Is Delta, OH good for landlords?
Delta, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 43515 now. You don’t know where it ranks.
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How 43515 ranks in Toledo, OH
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