Real Estate Investing in Toledo, Ohio (43607)
Should you buy in 43607 (Toledo, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 16.2% of homes vacant — above national norms.
- Elevated poverty: 20.5% poverty rate — can affect rent collection.
- Lower household income: $35,895 median — tenant affordability is tighter.
What’s happening in Toledo, OH (43607)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43607 Toledo
Within Lucas County, the 43607 ZIP stands at a lower entry point around $81K. On balance, operators who can improve stock here typically see outsized uplift.
Cap rate math of 0.0% understates the return here. Post-rehab, stabilized yields climb, and the 43607 ZIP's older housing stock gives operators the opportunity set to execute.
Regionally, 43607 sits on the affordable end of the Lucas County map. Stepping back, the absolute numbers are modest, the spread between acquisition price and post-rehab value is wider than in turnkey ZIPs.
The worth a close look for angle on demographics here is renter willingness to pay a premium for renovated product. The 51% rental share provides scale for the strategy.
Flippers with local expertise can do well in 43607. Out-of-state investors should partner with boots-on-the-ground operators or skip the ZIP entirely.
Here's what matters if you're considering buying a home in Toledo:
Property Strategy for 43607
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $55,284 | $1,030 | 13.4% | +9.2% | $27,642 |
| 3BR | $83,076 | $1,320 | 11.4% | +10.0% | $27,692 |
| 4BR | $84,155 | $1,390 | 11.9% | +6.8% | $21,039 |
| 5BR | $101,453 | — | — | +9.0% | $20,291 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 43607 Compare?
| Metric | 43607 | Toledo | Toledo, OH | Ohio |
|---|---|---|---|---|
| Home Value | $81,098 | $115,743 | N/A | $237,530 |
| 5-Year CAGR | 8.2% | 6.5% | N/A | 7.4% |
| Avg Rent | $1,384 | $1,126 | N/A | - |
| Cap Rate | 13.3% | 8.4% | - | - |
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 43607 (Toledo, OH). Anonymous, moderated, never written by AI.
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Property managers serving Lucas County
Manage rentals here? List your business →Flex Realty Property Management has been providing high quality and personal property management services in Toledo, Ohio since 1991. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $81,098 |
| Monthly Rent | $1,384 |
| Price-to-Rent | 4.9:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 20.5% |
| Cap Rate | 13.3% |
| 5-Year IRR | 21.5% |
📈 Home Appreciation
| 1-Year | +10.2% ▲ |
| 3-Year CAGR | +11.2% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | +9.9% ▲ |
🏠 Rent Trends
| 1-Year | +23.7% ▲ |
| 3-Year CAGR | +12.3% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (13.3%) exceeds the current 30-yr mortgage rate (6.5%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 43607
Population: 19,969
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
🎓 Schools in 43607
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Burroughs Elementary School
Ottawa Hills High School
Escuela SMART Academy
Arlington Elementary School
Grove Patterson Academy Elementary School
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,550 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Toledo, OH?
Toledo, OH median home values land near $81K. That is reasonable territory for investors looking at $1,384/mo-per-month rentals.
Is Toledo, OH good for BRRRR investors?
Operators BRRRR-ing in Toledo, OH report a strong results. Focus on sub-market acquisition and tight rehab budgets to capture the spread.
What do landlords charge for rent in Toledo, OH?
Investors in Toledo, OH typically see rents near $1,384/mo per month against $81K home values - a solid setup for rental cash flow.
How viable is house hacking in Toledo, OH?
Toledo, OH offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,384/mo rent level.
How close is Toledo, OH to meeting the 1% rule?
The 1% rule in Toledo, OH is reasonable to achieve. Rent-to-price at the median ($1,384/mo on $81K) lands around 1.71%.
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