Real Estate Investing in Philo, Ohio (43771)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Muskingum County • Population: 2,225 • Data updated: September 2026

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Should you buy in 43771 (Philo, OH)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

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 Philo, OH (43771)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $159,364
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $50,843
% Renters 28.7%

Market Analysis: 43771 Philo

The 43771 ZIP covers a section of Philo that demands careful diligence. Prices near $159K look accessible, but the work to make a deal cash flow is real.

For an experienced owner, 43771 can be a worth a close look for hunting ground — but the discount at $159K reflects genuine risk that outside investors often underestimate.

In the broader OH picture, 43771 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Who lives in 43771 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Strategically, 43771 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Philo:

B Good
Buy Confidence Score: 70/100
Affordability
20/25
Appreciation
22/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.1× the median income
Value Trend
Rising (+9.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Zanesville, OH Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Zanesville, OH metro data
🏠

Property Strategy for 43771

Which property type performs best in this market?

Best for Cash Flow
2BR
5.4% cap rate
Best for Appreciation
2BR
+10.3% 5yr CAGR
Best Overall Value
3BR
$61,274/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $128,304 $970 5.4% +10.3% $64,152
3BR $183,823 $1,320 5.2% +6.8% $61,274

Market Trends

Home Value History (with trend line)

$175K$148K$121K$94K$67K$40KDec 2012Oct 2019Jul 2026

📊 How Does 43771 Compare?

Metric 43771 Philo Zanesville, OH Ohio
Home Value $159,364 $159,364 N/A $237,530
5-Year CAGR 5.5% 5.5% N/A 7.4%
Avg Rent $873 $873 N/A -
Cap Rate 4.3% 4.3% - -
💡 Why Invest in 43771? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 43771 (Philo, OH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.3%
Fair
5yr Growth
+5.5%
Moderate

📉 Market Crash Risk Index

Based on Zanesville, OH metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
55%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $159,364
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 9.8%

📈 Home Appreciation

1-Year +9.5% ▲
3-Year CAGR +7.8% ▲
5-Year CAGR +5.5% ▲
10-Year CAGR +8.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

Vacancy
7.3%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.5%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 43771

Population: 2,225

💰 Median Household Income
$50,843
This area
$50,843
State
$68,496
USA
$74,580
🏠 Renter Occupied
28.7%
This area
28.7%
State
25.8%
USA
34.0%
💼 Unemployment Rate
0.7%
This area
0.7%
State
-9.1%
USA
3.7%
🎓 College Educated
3.6%
This area
3.6%
State
8.4%
USA
33.7%
👤 Median Age
43.6 years
This area
43.6 years
State
19.6 years
USA
38.9 years
🏚️ Vacancy Rate
7.3%
This area
7.3%
State
11.1%
USA
10.5%
👥 Population by Ethnicity
White 99.8%
Hispanic/Latino 0.2%
Other/Mixed 0.2%
👶 Under 18
21.2%
This area
21.2%
USA
22.0%
👴 65 and Over
22.6%
This area
22.6%
USA
17.3%
📊 Poverty Rate
17.2%
This area
17.2%
USA
11.5%

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 43771

A Avg School Grade
1 Schools
15.6:1 Avg Class Size
$17,284 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Philo Junior High School

📚 06 – 08 Middle
👥
398 Students
👨‍🏫
15.6:1 Class Size
💰
$17,284 Per Student
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

3 Nearby 683 Off-Campus Students
C+
Mid-EastCTC-Adult Education
268 students · 7.2 mi
C
Ohio University-Zanesville Campus
1,799 students · 9.9 mi
C+
Zane State College
1,619 students · 10.0 mi

Investor Insight: With 683 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the investability score for Philo, OH?

Philo, OH clocks in 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 type of investing works in Philo, OH?

A careful cash-flow rentals with hands-on management strategy Philo, OH best. The market produces stable results for that approach at the $159K price point.

What is the typical rental rate in Philo, OH?

The typical rental in Philo, OH commands about $873/mo monthly. That rent profile even-keeled cash flow against the $159K purchase basis.

What is the typical home price in Philo, OH?

Homes in Philo, OH typically sell near $159K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.

Is vacancy a concern in Philo, OH?

Rental vacancy in Philo, OH is elevated. Investors should budget normal turnover but not chronic empty units.

You know 43771 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 43771 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 43771 ranks in Zanesville, OH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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