Real Estate Investing in Dexter City, Ohio (45727)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Noble County • Population: 909 • Data updated: September 2026

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Should you buy in 45727 (Dexter City, OH)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (43/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
4 flags
  • High vacancy: 16.0% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (1.3% CAGR).
  • Elevated poverty: 24.0% poverty rate — can affect rent collection.
  • Lower household income: $32,721 median — tenant affordability is tighter.

• 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 Dexter City, OH (45727)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $150,513
Avg Monthly Rent $873
1% Rule ✗ Does Not Meet
Median Income $32,721
% Renters 9.5%

Market Analysis: 45727 Dexter City

The 45727 ZIP covers a section of Dexter City that demands careful diligence. Prices near $151K look accessible, but the work to make a deal cash flow is real.

Distressed markets are won on execution, not on spreadsheets. ZIP 45727 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

In the broader OH picture, 45727 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Demographically, 45727 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.

looks to 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Dexter City:

C Below Average
Buy Confidence Score: 54/100
Affordability
10/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.6× the median income
Value Trend
Stable (+0.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $873/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$165K$152K$139K$125K$112K$98KFeb 2018May 2022Jul 2026

📊 How Does 45727 Compare?

Metric 45727 Dexter City Ohio
Home Value $150,513 $150,513 $237,530
5-Year CAGR 1.3% 1.3% 7.4%
Avg Rent $873 $873 -
Cap Rate 4.5% 4.5% -
💡 Why Invest in 45727? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 45727 (Dexter City, OH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.5%
Fair
5yr Growth
+1.3%
Slow

📊 Market Snapshot

Home Value $150,513
Monthly Rent $873
Price-to-Rent 14.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.0%
Cap Rate 4.5%
5-Year IRR 5.8%

📈 Home Appreciation

1-Year +0.9% ▲
3-Year CAGR -0.9% ▼
5-Year CAGR +1.3% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
16.0%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.3%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 45727

Population: 909

💰 Median Household Income
$32,721
This area
$32,721
State
$68,496
USA
$74,580
🏠 Renter Occupied
9.5%
This area
9.5%
State
25.8%
USA
34.0%
💼 Unemployment Rate
1.2%
This area
1.2%
State
-9.1%
USA
3.7%
🎓 College Educated
0.5%
This area
0.5%
State
8.4%
USA
33.7%
👤 Median Age
71.5 years
This area
71.5 years
State
19.6 years
USA
38.9 years
🏚️ Vacancy Rate
16.0%
This area
16.0%
State
11.1%
USA
10.5%
👥 Population by Ethnicity
White 100.0%
👶 Under 18
14.5%
This area
14.5%
USA
22.0%
👴 65 and Over
53.0%
This area
53.0%
USA
17.3%
📊 Poverty Rate
24.0%
This area
24.0%
USA
11.5%

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

🎓 Nearby Colleges & Universities

1 Nearby 189 Off-Campus Students
C+
Washington County Career Center-Adult Technical Training
189 students · 14.7 mi

Frequently Asked Questions

Does house hacking work in Dexter City, OH?

House hacking in Dexter City, OH is reasonable to execute. Prices around $151K and rents of $873/mo solid owner-occupant economics.

Are tenants stable in Dexter City, OH?

Dexter City, OH draws a consistent base of working renters. Demand at the $873/mo rent level is reasonable for standard single-family and small multi rentals.

Are eviction rules reasonable in Dexter City, OH?

Dexter City, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

How should investors approach Dexter City, OH?

Most investors in Dexter City, 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.

How much does a house cost in Dexter City, OH?

In Dexter City, OH the median home value sits at $151K. Against the broader OH market, that reads as reasonable for most investors.

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