Real Estate Investing in Chesterhill, Ohio (43728)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43728 (Chesterhill, 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.
- High vacancy: 30.6% 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 Chesterhill, OH (43728)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43728 Chesterhill
Turning to rents, ZIP 43728 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $144K median. It rewards specialists, not generalists.
For an experienced owner, 43728 can be a a strong candidate for hunting ground — but the discount at $144K reflects genuine risk that outside investors often underestimate.
ZIP 43728's metrics run below Morgan County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 43728 includes headwinds that any investor should price in. Income distribution skews lower than Chesterhill averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 43728 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 Chesterhill:
Market Trends
Home Value History (with trend line)
📊 How Does 43728 Compare?
| Metric | 43728 | Chesterhill | Ohio |
|---|---|---|---|
| Home Value | $144,450 | $144,450 | $237,530 |
| 5-Year CAGR | 5.4% | 5.4% | 7.4% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 4.7% | 4.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43728 (Chesterhill, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $144,450 |
| Monthly Rent | $873 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +22.0% ▲ |
| 3-Year CAGR | +7.6% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 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 (4.7%). 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 43728
Population: 1,175
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
Frequently Asked Questions
Is Chesterhill, OH a good place for real estate investing?
Chesterhill, OH rates 3.0/5 for investability. With median values at $144K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
What investment strategy works best in Chesterhill, OH?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Chesterhill, OH. The numbers - $144K homes against $873/mo rents - support that play.
What is the typical rental rate in Chesterhill, OH?
Rents in Chesterhill, OH run near $873/mo. Compared with median home prices of $144K that produces solid gross yields for typical rentals.
What is it like being a landlord in Chesterhill, OH?
Rental owners in Chesterhill, OH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What are home prices like in Chesterhill, OH?
Expect median prices around $144K in Chesterhill, OH. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
You know 43728 now. You don’t know where it ranks.
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