Real Estate Investing in South Charleston, Ohio (45368)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45368 (South Charleston, 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 price-to-rent: Price-to-rent ratio 26.2 — 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 South Charleston, OH (45368)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45368 South Charleston
Investors eyeing 45368 need to respect the fundamentals at play. Home values of $274K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 45368 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 45368 and stronger South Charleston ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 45368 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.
The right play in 45368 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in South Charleston:
Property Strategy for 45368
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $161,942 | $970 | 4.3% | +9.3% | $80,971 |
| 3BR | $258,522 | $1,190 | 3.3% | +8.9% | $86,174 |
| 4BR | $356,510 | $1,380 | 2.8% | +8.9% | $89,128 |
Market Trends
Home Value History (with trend line)
📊 How Does 45368 Compare?
| Metric | 45368 | South Charleston | Springfield, OH | Ohio |
|---|---|---|---|---|
| Home Value | $274,348 | $274,348 | N/A | $237,530 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 7.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 45368 (South Charleston, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 45368 (South Charleston, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $274,348 |
| Monthly Rent | $873 |
| Price-to-Rent | 26.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 9.6% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 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 (2.5%). 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 45368
Population: 3,860
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 45368
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
Investor Insight: With 2,589 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is OH a landlord-friendly state?
The landlord environment in South Charleston, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is the tenant base reliable in South Charleston, OH?
Tenant demand in South Charleston, OH is solid. The local workforce $873/mo rents across most rental classes.
What type of investing works in South Charleston, OH?
A careful cash-flow rentals with hands-on management strategy South Charleston, OH best. The market produces stable results for that approach at the $274K price point.
What does house hacking look like in South Charleston, OH?
For house hackers, South Charleston, OH is a challenging. The $873/mo rent on a unit helps defray the mortgage on a $274K property.
Are homes affordable in South Charleston, OH?
South Charleston, OH median home values land near $274K. That is reasonable territory for investors looking at $873/mo-per-month rentals.
You know 45368 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 45368 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 45368 ranks in Springfield, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 45368 (South Charleston)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 45368 (South Charleston, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.