Real Estate Investing in Venedocia, Ohio (45894)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45894 (Venedocia, 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.
• 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 Venedocia, OH (45894)?
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Market Analysis: 45894 Venedocia
ZIP 45894 inside Van Wert County looks affordable on the surface — median value of $220K — but the discount exists for reasons that a careful buyer should understand before committing.
Turning to rents, the numbers look inviting — $220K purchase price, 0.0% nominal cap — the work to hit that pro forma in 45894 is substantial and deserves full respect.
The gap between 45894 and stronger Venedocia ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 45894 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Experienced landlords with local relationships tend to find 45894 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Venedocia:
Market Trends
Home Value History (with trend line)
📊 How Does 45894 Compare?
| Metric | 45894 | Venedocia | Van Wert, OH | Ohio |
|---|---|---|---|---|
| Home Value | $219,707 | $219,707 | N/A | $237,530 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 7.4% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 45894 (Venedocia, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $219,707 |
| Monthly Rent | $981 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 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 (3.5%). 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.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 45894
Population: 681
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
Are rents high in Venedocia, OH?
Rents in Venedocia, OH run near $981/mo. Compared with median home prices of $220K that produces solid gross yields for typical rentals.
What is the rental occupancy rate in Venedocia, OH?
Occupancy in Venedocia, OH runs steady with elevated vacancy. Well-priced units at $981/mo lease on reasonable timelines.
How does Venedocia, OH stack up for property investment?
Venedocia, OH sits at an investability rating of 3.0/5, with median home values near $220K and average rents around $981/mo. That combination puts it in the robust tier for investor interest.
How viable is house hacking in Venedocia, OH?
House hacking in Venedocia, OH is a challenging. With home values around $220K and rents at $981/mo, owner-occupants can offset a meaningful share of PITI.
What are home prices like in Venedocia, OH?
Median home price in Venedocia, OH is near $220K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
You know 45894 now. You don’t know where it ranks.
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How 45894 ranks in Van Wert, OH
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