Real Estate Investing in Montville, Ohio (44064)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44064 (Montville, 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.
- Elevated vacancy: 9.1% 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 Montville, OH (44064)?
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Market Analysis: 44064 Montville
Not every below-median market is a bargain. Montville's 44064 ZIP shows signals that favor experienced operators who can absorb the risk $317K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 44064 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 44064's metrics run below Geauga County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 44064 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Montville:
Property Strategy for 44064
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $307,398 | $1,740 | 4.1% | +7.8% | $102,466 |
| 4BR | $330,054 | $1,860 | 4.1% | +8.1% | $82,514 |
Market Trends
Home Value History (with trend line)
📊 How Does 44064 Compare?
| Metric | 44064 | Montville | Cleveland-Elyria, OH | Ohio |
|---|---|---|---|---|
| Home Value | $317,413 | $317,413 | N/A | $237,530 |
| 5-Year CAGR | 7.1% | 7.1% | N/A | 7.4% |
| Avg Rent | $1,215 | $1,215 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
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 44064 (Montville, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $317,413 |
| Monthly Rent | $1,215 |
| Price-to-Rent | 21.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (3.0%). 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 44064
Population: 1,270
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
🎓 Nearby Colleges & Universities
Investor Insight: With 753 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the rental occupancy rate in Montville, OH?
Expect elevated vacancy in Montville, OH. Rents at $1,215/mo are absorbed by the tenant base without meaningful lag.
How much is rent in Montville, OH?
Average rent in Montville, OH is approximately $1,215/mo per month. Against $317K home values that yields a reasonable rent-to-price ratio.
Is the tenant base reliable in Montville, OH?
Tenant quality in Montville, OH ranks as solid. Landlords generally report steady occupancy at market rents of $1,215/mo.
Are eviction rules reasonable in Montville, OH?
Montville, OH operates under OH law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
What strategy should investors use in Montville, OH?
Most investors in Montville, OH run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 44064 now. You don’t know where it ranks.
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How 44064 ranks in Cleveland-Elyria, OH
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