Real Estate Investing in Pitsburg, Ohio (45358)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45358 (Pitsburg, 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.
- High vacancy: 16.4% 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 Pitsburg, OH (45358)?
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Market Analysis: 45358 Pitsburg
Not every below-median market is a bargain. Pitsburg's 45358 ZIP registers signals that favor experienced operators who can absorb the risk $197K pricing implies.
The 45358 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 45358's metrics run below Darke County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 45358 includes headwinds that any investor should price in. Income distribution skews lower than Pitsburg averages, and tenant stability requires active management.
The 45358 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Pitsburg:
Market Trends
Home Value History (with trend line)
📊 How Does 45358 Compare?
| Metric | 45358 | Pitsburg | Greenville, OH | Ohio |
|---|---|---|---|---|
| Home Value | $197,072 | $197,072 | N/A | $237,530 |
| 5-Year CAGR | 8.3% | 8.3% | N/A | 7.4% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 45358 (Pitsburg, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $197,072 |
| Monthly Rent | $954 |
| Price-to-Rent | 17.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 12.1% |
📈 Home Appreciation
| 1-Year | +18.5% ▲ |
| 3-Year CAGR | +10.3% ▲ |
| 5-Year CAGR | +8.3% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (3.8%). 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 45358
Population: 313
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 45358
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Franklin Monroe Elementary School
Franklin Monroe High School
Arcanum Elementary School
Butler Middle School
Arcanum High School
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
Is Pitsburg, OH a good place for real estate investing?
Yes - Pitsburg, OH a 3.0/5 investability score. With $197K home prices against $954/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are there empty rentals in Pitsburg, OH?
Vacancy in Pitsburg, OH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $954/mo.
What do rentals go for in Pitsburg, OH?
Rental rates in Pitsburg, OH average $954/mo. Tenant demand and $197K home values make the yield look reasonable by investor standards.
Can owner-occupants cash flow in Pitsburg, OH?
Pitsburg, OH offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $954/mo rent level.
How do experienced investors play Pitsburg, OH?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Pitsburg, OH. The numbers - $197K homes against $954/mo rents - support that play.
You know 45358 now. You don’t know where it ranks.
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