Real Estate Investing in Mendon, Ohio

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

1 ZIP codes • Population: 1,182 • Mercer County

☆ Watch this market Free account

Should you buy in Mendon, OH? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Mendon, OH?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $180,800
Avg Monthly Rent $873
ZIP Codes 1

Investing in Mendon Real Estate

This is a distressed-leaning corner of Ohio: Mendon has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

decisively Mendon's aggregate rating of ★★★☆☆ reflects underwhelming investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Market conditions in Mendon are underwhelming. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

The 0% renter share in Mendon masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Celina, OH

Mendon is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Mendon, OH. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Mendon, OH?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$180,800
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (OH)

📉 Market Crash Risk Index

Based on Celina, 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 →

☀️ Warm Market — Celina, OH metro
0
Days to pending
11.1%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Mendon, OH

Screen every ZIP in Mendon

Filter Mendon’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Mendon, OH

Are homes affordable in Mendon, OH?

Mendon, OH home values average about $181K. That price point suits investors targeting rentals with $873/mo in monthly income.

Is Mendon, OH a friendly market for rental owners?

For rental operators, Mendon, OH rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

Is the tenant base reliable in Mendon, OH?

Tenant demand in Mendon, OH is solid. The local workforce $873/mo rents across most rental classes.

Can I live-in-and-rent in Mendon, OH?

House hacking in Mendon, OH is a challenging. With home values around $181K and rents at $873/mo, owner-occupants can offset a meaningful share of PITI.

How does Mendon, OH rate as a rental market?

Mendon, OH rates 3.0/5 for investability. With median values at $181K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Mendon, OH.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.