Real Estate Investing in Monroe County, Ohio
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Should you buy in Monroe County, OH? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 17.7% of homes vacant — above national norms.
What’s happening in Monroe County, OH?
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Market Trends — Monroe County
County Home Value History
Investing in Monroe County Real Estate
Monroe County is one of those Ohio regions where numbers warn before they reward. 4 cities, 9,611 residents, and a rating that reflects material risk.
The investment case for Monroe County is difficult to make on screen data alone. a challenging fit for a 3.0 rating and cap rates that appear attractive only until real vacancy is underwritten.
A 9,611 population and $N/AK household income profile is what makes Monroe a challenging rental region — the base is present, but the affordability math is tight.
Landlord Ground Truth
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Cities in Monroe County
ZIP Codes in Monroe County, OH
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View PlansFrequently Asked Questions About Monroe County
Is housing expensive in, OH?
Expect median prices around $162K in, OH. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
What is the average monthly rent in, OH?
The typical rental in, OH commands about $882/mo monthly. That rent profile consistent cash flow against the $162K purchase basis.
What is the tenant pool like in, OH?
Working renters make up the core of the, OH tenant base. The pool is reasonable for investors targeting long-term holds.
Is, OH a friendly market for rental owners?
, OH operates under OH law, which is tenant-protective overall for landlords. Expect measured treatment in typical lease and eviction cases.
Community Ratings
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