Real Estate Investing in Walhonding, Ohio (43843)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43843 (Walhonding, OH)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.3% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Walhonding, OH (43843)?
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Market Analysis: 43843 Walhonding
ZIP 43843 inside Knox County looks affordable on the surface — median value of $288K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 43843 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader OH picture, 43843 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 43843 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Walhonding:
Market Trends
Home Value History (with trend line)
📊 How Does 43843 Compare?
| Metric | 43843 | Walhonding | Mount Vernon, OH | Ohio |
|---|---|---|---|---|
| Home Value | $287,588 | $287,588 | N/A | $237,530 |
| 5-Year CAGR | 6.9% | 6.9% | N/A | 7.4% |
| Avg Rent | $1,026 | $1,026 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43843 (Walhonding, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $287,588 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 23.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (2.8%). 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 43843
Population: 577
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is housing expensive in Walhonding, OH?
Walhonding, OH median home values land near $288K. That is reasonable territory for investors looking at $1,026/mo-per-month rentals.
What investment strategy works best in Walhonding, OH?
Most investors in Walhonding, OH run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Are tenants stable in Walhonding, OH?
Walhonding, OH draws a stable base of working renters. Demand at the $1,026/mo rent level is reasonable for standard single-family and small multi rentals.
Does house hacking make sense in Walhonding, OH?
House hacking works a challenging in Walhonding, OH. Rents of $1,026/mo against $288K acquisition make the strategy solid for owner-occupants.
What kind of market is Walhonding, OH for investors?
Investors tracking Walhonding, OH will find a 3.0/5 rating supported by $288K median home values and $1,026/mo rents. That profile suits long-term holders targeting even-keeled returns.
You know 43843 now. You don’t know where it ranks.
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How 43843 ranks in Mount Vernon, OH
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