Real Estate Investing in Shade, Ohio (45776)

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

Meigs County • Population: 1,014 • Data updated: September 2026

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Should you buy in 45776 (Shade, OH)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (67/100)

Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.

📈 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
1 flag
  • Flat appreciation: Values have barely moved over 5 years (1.4% CAGR).

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Shade, OH (45776)?

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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 $157,554
Avg Monthly Rent $963
1% Rule ✗ Does Not Meet
Median Income $41,346
% Renters 17.3%

Market Analysis: 45776 Shade

Not every below-median market is a bargain. Shade's 45776 ZIP reports signals that favor experienced operators who can absorb the risk $158K pricing implies.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $158K asset, 45776 is the wrong submarket. If the plan prices in friction, the yield can still work.

In the broader OH picture, 45776 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Resident income in 45776 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

The 45776 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.

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 Shade:

C Below Average
Buy Confidence Score: 57/100
Affordability
15/25
Appreciation
14/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.8× the median income
Value Trend
Stable (+2.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $963/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
☀️
WARM MARKET
Athens, OH Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Athens, OH metro data

Market Trends

Home Value History (with trend line)

$170K$152K$134K$116K$97K$79KJan 2012May 2019Jul 2026

📊 How Does 45776 Compare?

Metric 45776 Shade Athens, OH Ohio
Home Value $157,554 $157,554 N/A $237,530
5-Year CAGR 1.4% 1.4% N/A 7.4%
Avg Rent $963 $963 N/A -
Cap Rate 4.8% 4.8% - -
💡 Why Invest in 45776? 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 45776 (Shade, OH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.8%
Fair
5yr Growth
+1.4%
Slow

📉 Market Crash Risk Index

Based on Athens, OH metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $157,554
Monthly Rent $963
Price-to-Rent 13.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.3%
Cap Rate 4.8%
5-Year IRR 6.2%

📈 Home Appreciation

1-Year +2.5% ▲
3-Year CAGR +1.3% ▲
5-Year CAGR +1.4% ▲
10-Year CAGR +3.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). 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.

Vacancy
0.0%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+1.4%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 45776

Population: 1,014

💰 Median Household Income
$41,346
This area
$41,346
State
$68,496
USA
$74,580
🏠 Renter Occupied
17.3%
This area
17.3%
State
25.8%
USA
34.0%
💼 Unemployment Rate
1.3%
This area
1.3%
State
-9.1%
USA
3.7%
🎓 College Educated
20.6%
This area
20.6%
State
8.4%
USA
33.7%
👤 Median Age
52.0 years
This area
52.0 years
State
19.6 years
USA
38.9 years
🏚️ Vacancy Rate
0.0%
This area
0.0%
State
11.1%
USA
10.5%
👥 Population by Ethnicity
White 98.1%
Other/Mixed 1.9%
👶 Under 18
10.2%
This area
10.2%
USA
22.0%
👴 65 and Over
34.5%
This area
34.5%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
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
C+
Ohio University-Main Campus
24,937 students · 10.5 mi

Frequently Asked Questions

Is Shade in OH worth investing in?

Our data puts Shade, OH at 3.0/5 for investability. Home prices of $158K and rents around $963/mo create a solid backdrop for investor activity.

Is vacancy a concern in Shade, OH?

Rental vacancy in Shade, OH is elevated. Investors should budget normal turnover but not chronic empty units.

How deep is the rental pool in Shade, OH?

Expect a solid tenant pool in Shade, OH. The rental market absorbs $963/mo rents without meaningful friction.

How do landlord-tenant laws work in Shade, OH?

OH ranks as a landlord-friendly state for landlord-tenant law. Shade generally follows the statewide framework, so landlords face reasonable operating rules.

How strong are rents in Shade, OH?

The typical rental in Shade, OH commands about $963/mo monthly. That rent profile reliable cash flow against the $158K purchase basis.

You know 45776 now. You don’t know where it ranks.

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How 45776 ranks in Athens, OH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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