Real Estate Investing in New Marshfield, Ohio (45766)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45766 (New Marshfield, 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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 10.2% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in New Marshfield, OH (45766)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45766 New Marshfield
Not every below-median market is a bargain. New Marshfield's 45766 ZIP stands at signals that favor experienced operators who can absorb the risk $154K pricing implies.
Rent of $963/mo on a $154K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 45766 sits below the stated 0.0% once reality is priced in.
Put differently, 45766 offers a low basis, the region around New Marshfield has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A impressive renter share of 23% in 45766 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 45766 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in New Marshfield:
Market Trends
Home Value History (with trend line)
📊 How Does 45766 Compare?
| Metric | 45766 | New Marshfield | Athens, OH | Ohio |
|---|---|---|---|---|
| Home Value | $153,957 | $153,957 | N/A | $237,530 |
| 5-Year CAGR | 4.9% | 4.9% | N/A | 7.4% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 4.9% | 4.9% | - | - |
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 45766 (New Marshfield, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 45766 (New Marshfield, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $153,957 |
| Monthly Rent | $963 |
| Price-to-Rent | 13.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.5% |
| Cap Rate | 4.9% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +13.0% ▲ |
| 3-Year CAGR | +4.8% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (4.9%). 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 45766
Population: 1,535
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
Frequently Asked Questions
Does New Marshfield, OH favor landlords or tenants?
Rental owners in New Marshfield, OH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How strong is New Marshfield, OH for real estate investors?
New Marshfield, OH rates 3.0/5 for investability. With median values at $154K and rents near $963/mo, the market offers reasonable fundamentals for rental investors.
Is it easy to find good tenants in New Marshfield, OH?
Tenant demand in New Marshfield, OH is solid. The local workforce $963/mo rents across most rental classes.
Does house hacking work in New Marshfield, OH?
House hacking in New Marshfield, OH is reasonable to execute. Prices around $154K and rents of $963/mo solid owner-occupant economics.
Is housing expensive in New Marshfield, OH?
New Marshfield, OH home values average about $154K. That price point suits investors targeting rentals with $963/mo in monthly income.
You know 45766 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 45766 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 45766 ranks in Athens, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 45766 (New Marshfield)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 45766 (New Marshfield, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.