Real Estate Investing in McArthur, Ohio (45651)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45651 (McArthur, 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 middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 14.2% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in McArthur, OH (45651)?
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Market Analysis: 45651 McArthur
Not every below-median market is a bargain. McArthur's 45651 ZIP stands at signals that favor experienced operators who can absorb the risk $174K pricing implies.
From a cash-flow lens, the numbers look inviting — $174K purchase price, 0.0% nominal cap — the work to hit that pro forma in 45651 is substantial and deserves full respect.
Regionally, 45651 sits on the difficult end of the OH spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
A notable renter share of 32% in 45651 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 45651 is an operator game, not a passive one. On the rental side, entry prices of $174K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in McArthur:
Property Strategy for 45651
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $210,721 | $990 | 3.4% | — | $105,360 |
| 3BR | $216,680 | $1,190 | 4.0% | +8.7% | $72,227 |
Market Trends
Home Value History (with trend line)
📊 How Does 45651 Compare?
| Metric | 45651 | McArthur | Ohio |
|---|---|---|---|
| Home Value | $174,215 | $174,215 | $237,530 |
| 5-Year CAGR | 4.8% | 4.8% | 7.4% |
| Avg Rent | $891 | $891 | - |
| Cap Rate | 4.0% | 4.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 45651 (McArthur, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $174,215 |
| Monthly Rent | $891 |
| Price-to-Rent | 16.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (4.0%). 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 45651
Population: 5,402
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 45651
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.
Frequently Asked Questions
Does McArthur, OH make sense for an investment property?
With a 3.0/5 investability score, McArthur, OH ranks as a solid market for rental property investors. Median prices of $174K and rents of $891/mo drive the underlying numbers.
What is the typical vacancy rate in McArthur, OH?
Occupancy in McArthur, OH runs steady with elevated vacancy. Well-priced units at $891/mo lease on reasonable timelines.
What do landlords charge for rent in McArthur, OH?
Rent in McArthur, OH is around $891/mo. The resulting rent-to-value relationship with $174K pricing is reasonable for most investor models.
How strict are landlord regulations in McArthur, OH?
Rental owners in McArthur, OH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What are home prices like in McArthur, OH?
Median home price in McArthur, OH is near $174K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
You know 45651 now. You don’t know where it ranks.
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