Real Estate Investing in McDermott, Ohio (45652)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45652 (McDermott, 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: 13.9% of homes vacant — above national norms.
- Lower household income: $34,012 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 McDermott, OH (45652)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45652 McDermott
The 45652 ZIP in McDermott, OH is a local-operator market. Outside capital chasing a $169K entry has to pair deep knowledge with the discount.
The 45652 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 45652 and stronger McDermott ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 45652 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 45652 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 McDermott:
Property Strategy for 45652
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $113,546 | $980 | 6.2% | +8.3% | $56,773 |
| 3BR | $187,196 | $1,330 | 5.1% | +6.6% | $62,399 |
| 4BR | $243,875 | $1,480 | 4.4% | +6.4% | $60,969 |
Market Trends
Home Value History (with trend line)
📊 How Does 45652 Compare?
| Metric | 45652 | McDermott | Portsmouth, OH | Ohio |
|---|---|---|---|---|
| Home Value | $168,961 | $168,961 | N/A | $237,530 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.4% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
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 45652 (McDermott, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $168,961 |
| Monthly Rent | $882 |
| Price-to-Rent | 16.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +10.8% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 (4.1%). 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 45652
Population: 3,147
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 45652
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
What investment strategy works best in McDermott, OH?
Most investors in McDermott, OH run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Are there empty rentals in McDermott, OH?
Vacancy in McDermott, OH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $882/mo.
Is McDermott in OH worth investing in?
Our data puts McDermott, OH at 3.0/5 for investability. Home prices of $169K and rents around $882/mo create a solid backdrop for investor activity.
Is McDermott, OH a friendly market for rental owners?
McDermott, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is housing expensive in McDermott, OH?
McDermott, OH home values average about $169K. That price point suits investors targeting rentals with $882/mo in monthly income.
You know 45652 now. You don’t know where it ranks.
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How 45652 ranks in Portsmouth, OH
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