Real Estate Investing in Richmond, Ohio (43944)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43944 (Richmond, OH)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 10.7% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Richmond, OH (43944)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43944 Richmond
ZIP 43944 in Richmond, OH carries a healthy set of headwinds. Home values near $173K and rents of $1,026/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 43944 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Richmond have seen price recovery that 43944 has not matched. Jefferson County data supports the view that the spread is structural rather than temporary.
Resident income in 43944 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 43944 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Richmond:
Property Strategy for 43944
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $123,275 | $1,140 | 6.7% | +4.8% | $61,638 |
| 3BR | $189,419 | $1,510 | 5.7% | +5.5% | $63,140 |
Market Trends
Home Value History (with trend line)
📊 How Does 43944 Compare?
| Metric | 43944 | Richmond | Ohio |
|---|---|---|---|
| Home Value | $172,760 | $172,760 | $237,530 |
| 5-Year CAGR | 3.9% | 3.9% | 7.4% |
| Avg Rent | $1,026 | $1,026 | - |
| Cap Rate | 4.6% | 4.6% | - |
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 43944 (Richmond, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $172,760 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 14.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +5.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 43944
Population: 2,562
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 43944
Schools in This ZIP Code
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 7,042 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What monthly rent should investors expect in Richmond, OH?
Rental rates in Richmond, OH average $1,026/mo. Tenant demand and $173K home values make the yield look reasonable by investor standards.
Is it easy to find good tenants in Richmond, OH?
The renter base in Richmond, OH is reasonable for the $1,026/mo price point. Screening well and pricing to market typically yields predictable tenants.
What are home prices like in Richmond, OH?
Median home price in Richmond, OH is near $173K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Is OH a landlord-friendly state?
Landlord-friendliness in Richmond, OH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What is the investability score for Richmond, OH?
Richmond, OH stands at an investability rating of 3.0/5, with median home values near $173K and average rents around $1,026/mo. That combination puts it in the healthy tier for investor interest.
You know 43944 now. You don’t know where it ranks.
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