Real Estate Investing in Wellsville, Ohio (43968)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43968 (Wellsville, OH)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 9.3% 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 Wellsville, OH (43968)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43968 Wellsville
Investors eyeing 43968 need to respect the fundamentals at play. Home values of $113K come alongside slower price movement and elevated management overhead.
For an experienced owner, 43968 can be a a credible choice for hunting ground — but the discount at $113K reflects genuine risk that outside investors often underestimate.
In the broader OH picture, 43968 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 43968 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Wellsville's stable or hybrid ZIPs before stepping into 43968. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Wellsville:
Property Strategy for 43968
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $79,936 | $970 | 8.7% | +5.2% | $39,968 |
| 3BR | $129,358 | $1,220 | 6.8% | +5.1% | $43,119 |
| 4BR | $129,424 | $1,290 | 7.2% | +5.1% | $32,356 |
Market Trends
Home Value History (with trend line)
📊 How Does 43968 Compare?
| Metric | 43968 | Wellsville | Salem, OH | Ohio |
|---|---|---|---|---|
| Home Value | $112,714 | $112,714 | N/A | $237,530 |
| 5-Year CAGR | 2.9% | 2.9% | N/A | 7.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 6.0% | 6.0% | - | - |
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 43968 (Wellsville, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $112,714 |
| Monthly Rent | $873 |
| Price-to-Rent | 10.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.3% |
| Cap Rate | 6.0% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +2.9% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 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 (6.0%). 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 43968
Population: 6,445
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 43968
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
What is the average home sale price in Wellsville, OH?
Expect median prices around $113K in Wellsville, OH. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
What is the tenant pool like in Wellsville, OH?
The tenant pool in Wellsville, OH is solid, supported by local employment and population fundamentals. Rents of $873/mo are well-absorbed by the market.
What strategy should investors use in Wellsville, OH?
Investors usually favor careful cash-flow rentals with hands-on management in Wellsville, OH. With home values at $113K and rents near $873/mo, other strategies can work but produce predictable rather than outsized returns.
Is Wellsville, OH a good place for real estate investing?
Wellsville, OH reports an investability rating of 3.0/5, with median home values near $113K and average rents around $873/mo. That combination puts it in the healthy tier for investor interest.
Is Wellsville, OH good for landlords?
Wellsville, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 43968 now. You don’t know where it ranks.
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How 43968 ranks in Salem, OH
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