Real Estate Investing in Fresno, Ohio (43824)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43824 (Fresno, OH)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.8% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 30.3 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Fresno, OH (43824)?
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Market Analysis: 43824 Fresno
From a cash-flow lens, ZIP 43824 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $318K median. It rewards specialists, not generalists.
The 43824 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 43824 trails on several market indicators that neighboring Coshocton County submarkets outperform. The gap is real and durable enough to shape underwriting.
The demographic picture in 43824 includes headwinds that any investor should price in. Income distribution skews lower than Fresno averages, and tenant stability requires active management.
Strategy in 43824 is an operator game, not a passive one. Stepping back, entry prices of $318K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Fresno:
Property Strategy for 43824
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $259,643 | $970 | 2.7% | +9.7% | $129,821 |
| 3BR | $286,764 | $1,250 | 3.1% | +8.2% | $95,588 |
| 4BR | $388,112 | $1,630 | 3.0% | +8.6% | $97,028 |
| 5BR | $439,820 | — | — | +7.2% | $87,964 |
Market Trends
Home Value History (with trend line)
📊 How Does 43824 Compare?
| Metric | 43824 | Fresno | Coshocton, OH | Ohio |
|---|---|---|---|---|
| Home Value | $317,531 | $317,531 | N/A | $237,530 |
| 5-Year CAGR | 8.1% | 8.1% | N/A | 7.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
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 43824 (Fresno, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $317,531 |
| Monthly Rent | $873 |
| Price-to-Rent | 30.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +11.6% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +8.1% ▲ |
| 10-Year CAGR | +8.5% ▲ |
🏠 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 (2.1%). 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 43824
Population: 4,189
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
What investment strategy works best in Fresno, OH?
A careful cash-flow rentals with hands-on management strategy Fresno, OH best. The market produces stable results for that approach at the $318K price point.
What is it like being a landlord in Fresno, OH?
Landlord-friendliness in Fresno, OH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
How strong is the working-renter base in Fresno, OH?
Tenant quality in Fresno, OH ranks as solid. Landlords generally report steady occupancy at market rents of $873/mo.
Can I live-in-and-rent in Fresno, OH?
Fresno, OH offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.
How much should I expect to pay for a home in Fresno, OH?
Fresno, OH median home values land near $318K. That is reasonable territory for investors looking at $873/mo-per-month rentals.
You know 43824 now. You don’t know where it ranks.
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How 43824 ranks in Coshocton, OH
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