Real Estate Investing in Toledo, Ohio (43613)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43613 (Toledo, 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.
What’s happening in Toledo, OH (43613)?
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Market Analysis: 43613 Toledo
Not every below-median market is a bargain. Toledo's 43613 ZIP comes in at signals that favor experienced operators who can absorb the risk $162K pricing implies.
The investment case in 43613 is notable only for operators who understand what they are buying. A $162K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
From a cash-flow lens, 43613 offers a low basis, the region around Toledo has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A robust renter share of 35% in 43613 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 43613 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Toledo:
Property Strategy for 43613
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $111,122 | $1,060 | 6.9% | +10.2% | $55,561 |
| 3BR | $160,340 | $1,360 | 6.1% | +8.2% | $53,447 |
| 4BR | $197,537 | $1,430 | 5.2% | +8.0% | $49,384 |
| 5BR | $221,896 | — | — | +7.7% | $44,379 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 43613 Compare?
| Metric | 43613 | Toledo | Toledo, OH | Ohio |
|---|---|---|---|---|
| Home Value | $162,500 | $114,691 | N/A | $237,530 |
| 5-Year CAGR | 6.7% | 5.0% | N/A | 7.4% |
| Avg Rent | $1,000 | $1,123 | N/A | - |
| Cap Rate | 4.8% | 8.7% | - | - |
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 43613 (Toledo, OH). Anonymous, moderated, never written by AI.
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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 | $162,500 |
| Monthly Rent | $1,000 |
| Price-to-Rent | 13.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.4% |
| Cap Rate | 4.8% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 Rent Trends
| 1-Year | -1.3% ▼ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). 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 43613
Population: 30,597
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 43613
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
Investor Insight: With 1,495 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are rents high in Toledo, OH?
The typical rental in Toledo, OH commands about $1,000/mo monthly. That rent profile reliable cash flow against the $162K purchase basis.
What is the median home value in Toledo, OH?
The median home value in Toledo, OH is roughly $162K. That puts it reasonable relative to the OH statewide average.
Which investment style suits Toledo, OH?
Toledo, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($162K prices, $1,000/mo rents) make it a reasonable choice.
Is vacancy a concern in Toledo, OH?
Vacancy in Toledo, OH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,000/mo.
What kind of tenants rent in Toledo, OH?
Expect a solid tenant pool in Toledo, OH. The rental market absorbs $1,000/mo rents without meaningful friction.
You know 43613 now. You don’t know where it ranks.
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How 43613 ranks in Toledo, OH
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