Best ZIP Codes for Cash Flow in Ashland, OH (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 44838 Hayesville, OH $188,109 $873 3.62% 5.7%
2 44805 Ashland, OH $235,984 $924 3.06% 7.1%
3 44842 Loudonville, OH $239,373 $873 2.84% 6.5%
4 44864 Perrysville, OH $252,160 $918 2.84% 8.1%
5 44840 Jeromesville, OH $296,175 $1,008 2.65% 7.1%
6 44880 Sullivan, OH $294,640 $963 2.55% 6.3%
7 44866 Polk, OH $270,331 $873 2.52% 7.3%
8 44638 Lakeville, OH $304,559 $936 2.40% 7.2%
9 44859 Nova, OH $309,174 $882 2.23% 7.4%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Appreciation in Ashland, OH  ·  Affordable in Ashland, OH

Or see the full Ashland, OH metro profile.