Real Estate Investing in Warsaw, Ohio (43844)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43844 (Warsaw, 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.
- Elevated vacancy: 11.2% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Warsaw, OH (43844)?
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Market Analysis: 43844 Warsaw
ZIP 43844 in Warsaw, OH carries a notable set of headwinds. Home values near $221K and rents of $945/mo sit inside a market where underwriting has to be tight.
The 43844 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within OH, ZIP 43844 trails on several market indicators that neighboring Coshocton County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
A solid renter share of 13% in 43844 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 43844 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.
Here's what matters if you're considering buying a home in Warsaw:
Property Strategy for 43844
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $193,088 | $1,050 | 3.9% | +7.8% | $96,544 |
| 3BR | $230,410 | $1,350 | 4.2% | +7.6% | $76,803 |
| 4BR | $315,652 | $1,760 | 4.0% | +7.8% | $78,913 |
Market Trends
Home Value History (with trend line)
📊 How Does 43844 Compare?
| Metric | 43844 | Warsaw | Coshocton, OH | Ohio |
|---|---|---|---|---|
| Home Value | $221,407 | $221,407 | N/A | $237,530 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 7.4% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43844 (Warsaw, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $221,407 |
| Monthly Rent | $945 |
| Price-to-Rent | 19.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +11.4% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 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 (3.3%). 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 43844
Population: 3,802
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 43844
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
Should investors consider Warsaw, OH?
With a 3.0/5 investability score, Warsaw, OH ranks as a solid market for rental property investors. Median prices of $221K and rents of $945/mo drive the underlying numbers.
Is Warsaw, OH good for landlords?
Warsaw, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What real estate strategy is ideal for Warsaw, OH?
Warsaw, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($221K prices, $945/mo rents) make it a reasonable choice.
What is the tenant pool like in Warsaw, OH?
The tenant pool in Warsaw, OH is solid, supported by local employment and population fundamentals. Rents of $945/mo are well-absorbed by the market.
Should investors worry about vacancy in Warsaw, OH?
Warsaw, OH sees elevated vacancy, which is reasonable relative to the broader OH rental market.
You know 43844 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 43844 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.
How 43844 ranks in Coshocton, OH
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