Real Estate Investing in West Portsmouth, Ohio (45663)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45663 (West Portsmouth, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.7% vacancy may signal weakening demand.
- Lower household income: $39,607 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in West Portsmouth, OH (45663)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45663 West Portsmouth
ZIP 45663 inside Scioto County looks affordable on the surface — median value of $113K — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $113K asset, 45663 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 45663 sits on the difficult end of the OH spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 45663 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
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 West Portsmouth:
Property Strategy for 45663
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $78,275 | $970 | 8.9% | +6.2% | $39,138 |
| 3BR | $132,688 | $1,330 | 7.2% | +6.7% | $44,229 |
| 4BR | $187,008 | $1,470 | 5.7% | +6.9% | $46,752 |
Market Trends
Home Value History (with trend line)
📊 How Does 45663 Compare?
| Metric | 45663 | West Portsmouth | Portsmouth, OH | Ohio |
|---|---|---|---|---|
| Home Value | $113,289 | $113,289 | N/A | $237,530 |
| 5-Year CAGR | 6.8% | 6.8% | 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 45663 (West Portsmouth, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $113,289 |
| 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 | 12.8% |
📈 Home Appreciation
| 1-Year | +14.6% ▲ |
| 3-Year CAGR | +8.1% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (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 45663
Population: 6,435
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 45663
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 665 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does West Portsmouth, OH rate as a rental market?
West Portsmouth, OH sits at 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 impressive tier for investor interest.
Are homes affordable in West Portsmouth, OH?
Homes in West Portsmouth, OH typically sell near $113K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.
What are vacancy rates like in West Portsmouth, OH?
Expect elevated vacancy in West Portsmouth, OH. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
What is the smart move for investors in West Portsmouth, OH?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in West Portsmouth, OH. The numbers - $113K homes against $873/mo rents - support that play.
What are rental rates like in West Portsmouth, OH?
Rent in West Portsmouth, OH is around $873/mo. The resulting rent-to-value relationship with $113K pricing is reasonable for most investor models.
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How 45663 ranks in Portsmouth, OH
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