Real Estate Investing in Caldwell, Ohio (43724)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43724 (Caldwell, OH)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.1% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Caldwell, OH (43724)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43724 Caldwell
ZIP 43724 inside Noble County looks affordable on the surface — median value of $181K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 43724 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
From an investor standpoint, 43724 offers a low basis, the region around Caldwell 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 29% in 43724 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
appears to 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 Caldwell:
Property Strategy for 43724
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $124,718 | $990 | 5.7% | +7.7% | $62,359 |
| 3BR | $173,258 | $1,220 | 5.1% | +7.4% | $57,753 |
| 4BR | $192,489 | $1,400 | 5.2% | +5.6% | $48,122 |
Market Trends
Home Value History (with trend line)
📊 How Does 43724 Compare?
| Metric | 43724 | Caldwell | Ohio |
|---|---|---|---|
| Home Value | $180,678 | $180,678 | $237,530 |
| 5-Year CAGR | 4.4% | 4.4% | 7.4% |
| Avg Rent | $891 | $891 | - |
| 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 43724 (Caldwell, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $180,678 |
| Monthly Rent | $891 |
| Price-to-Rent | 16.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.9% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 43724
Population: 9,007
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 43724
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 OH a landlord-friendly state?
Landlord-friendliness in Caldwell, OH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is Caldwell, OH suited for a house hack?
For house hackers, Caldwell, OH is a challenging. The $891/mo rent on a unit helps defray the mortgage on a $181K property.
How much should I expect to pay for a home in Caldwell, OH?
Typical homes in Caldwell, OH go for around $181K. The 5-year CAGR of 0.0% even-keeled price movement.
How does Caldwell, OH rate as a rental market?
Caldwell, OH rates 3.0/5 for investability. With median values at $181K and rents near $891/mo, the market offers reasonable fundamentals for rental investors.
How strong is the working-renter base in Caldwell, OH?
The renter base in Caldwell, OH is reasonable for the $891/mo price point. Screening well and pricing to market typically yields consistent tenants.
You know 43724 now. You don’t know where it ranks.
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