Real Estate Investing in Byesville, Ohio (43723)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43723 (Byesville, 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: 13.2% 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 Byesville, OH (43723)?
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Market Analysis: 43723 Byesville
Not every below-median market is a bargain. Byesville's 43723 ZIP posts signals that favor experienced operators who can absorb the risk $159K pricing implies.
The 43723 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 43723 and stronger Byesville ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 43723 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 43723 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 Byesville:
Property Strategy for 43723
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $118,481 | $970 | 5.9% | +11.2% | $59,241 |
| 3BR | $173,974 | $1,280 | 5.3% | +8.0% | $57,991 |
Market Trends
Home Value History (with trend line)
📊 How Does 43723 Compare?
| Metric | 43723 | Byesville | Cambridge, OH | Ohio |
|---|---|---|---|---|
| Home Value | $159,499 | $159,499 | N/A | $237,530 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 7.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 43723 (Byesville, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $159,499 |
| Monthly Rent | $873 |
| Price-to-Rent | 15.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +11.9% ▲ |
| 3-Year CAGR | +7.3% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (4.3%). 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 43723
Population: 4,490
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 43723
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
Should investors consider Byesville, OH?
Byesville, OH stands at an investability rating of 3.0/5, with median home values near $159K and average rents around $873/mo. That combination puts it in the solid tier for investor interest.
What approach is best for Byesville, OH real estate?
Byesville, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($159K prices, $873/mo rents) make it a reasonable choice.
What monthly rent should investors expect in Byesville, OH?
Rents in Byesville, OH run near $873/mo. Compared with median home prices of $159K that produces solid gross yields for typical rentals.
How qualified is the tenant pool in Byesville, OH?
Working renters make up the core of the Byesville, OH tenant base. The pool is reasonable for investors targeting long-term holds.
What kind of vacancy should I budget for in Byesville, OH?
Rental vacancy in Byesville, OH is elevated. Investors should budget normal turnover but not chronic empty units.
You know 43723 now. You don’t know where it ranks.
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How 43723 ranks in Cambridge, OH
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