Real Estate Investing in Ohio City, Ohio (45874)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45874 (Ohio City, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ohio City, OH (45874)?
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Market Analysis: 45874 Ohio City
On balance, ZIP 45874 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $178K median. It rewards specialists, not generalists.
From a cash-flow lens, the numbers look inviting — $178K purchase price, 0.0% nominal cap — the work to hit that pro forma in 45874 is substantial and deserves full respect.
The gap between 45874 and stronger Ohio City ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 45874 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
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.
Here's what matters if you're considering buying a home in Ohio City:
Property Strategy for 45874
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $131,519 | $1,080 | 5.9% | +9.7% | $65,760 |
| 3BR | $189,154 | $1,350 | 5.1% | +7.9% | $63,051 |
| 4BR | $219,404 | $1,470 | 4.8% | +9.8% | $54,851 |
Market Trends
Home Value History (with trend line)
📊 How Does 45874 Compare?
| Metric | 45874 | Ohio City | Van Wert, OH | Ohio |
|---|---|---|---|---|
| Home Value | $178,220 | $178,220 | N/A | $237,530 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 7.4% |
| Avg Rent | $972 | $972 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 45874 (Ohio City, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $178,220 |
| Monthly Rent | $972 |
| Price-to-Rent | 15.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.3% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 (4.3%). 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 45874
Population: 2,186
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
Should investors consider Ohio City, OH?
The 3.0/5 investability rating in Ohio City, OH reflects its $178K prices and $972/mo rents. Investors generally consider it a solid option within OH.
How much is rent in Ohio City, OH?
Ohio City, OH rentals go for roughly $972/mo a month. That puts gross yield in solid territory relative to $178K acquisition costs.
How do landlord-tenant laws work in Ohio City, OH?
OH ranks as a landlord-friendly state for landlord-tenant law. Ohio City generally follows the statewide framework, so landlords face reasonable operating rules.
What approach is best for Ohio City, OH real estate?
The best-fit strategy in Ohio City, OH is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Ohio City, OH suited for a house hack?
The a challenging house-hack environment in Ohio City, OH reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 45874 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 45874 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 45874 ranks in Van Wert, OH
Every ZIP in this metro, ranked. Free.
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