Real Estate Investing in Millfield, Ohio

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

1 ZIP codes • Population: 1,323 • Athens County

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

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 12.7% of homes vacant — above national norms.

What’s happening in Millfield, OH?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.5% 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 $147,687
Avg Monthly Rent $873
ZIP Codes 1

Investing in Millfield Real Estate

Millfield, OH covers 1 ZIP codes and a population but the investment metrics here are sluggish — this is not a market to enter casually.

Investors considering Millfield, OH should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rent trends and price trends in Millfield are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Ohio.

Population dynamics in Millfield haven't been supportive. a stretch for combined with modest income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Athens, OH

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$147,687
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (OH)

📉 Market Crash Risk Index

Based on Athens, 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 — Athens, OH metro
0
Days to pending
7.3%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Millfield, OH

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Frequently Asked Questions About Millfield, OH

Is Millfield in OH worth investing in?

Millfield, OH scores 3.0/5 for investability. Home values sit at $148K and rents near $873/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What investment strategy works best in Millfield, OH?

Investors usually favor careful cash-flow rentals with hands-on management in Millfield, OH. With home values at $148K and rents near $873/mo, other strategies can work but produce consistent rather than outsized returns.

How strong are rents in Millfield, OH?

Expect rents around $873/mo per month in Millfield, OH. With home values at $148K, the yield math works out to reasonable levels for rental investors.

How qualified is the tenant pool in Millfield, OH?

Working renters make up the core of the Millfield, OH tenant base. The pool is reasonable for investors targeting long-term holds.

Should investors worry about vacancy in Millfield, OH?

Millfield, OH carries elevated vacancy risk. Expect consistent absorption at market rents of $873/mo.

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