Real Estate Investing in Orwell, Ohio (44076)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44076 (Orwell, 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: 10.4% 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 Orwell, OH (44076)?
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Market Analysis: 44076 Orwell
On the rental side, ZIP 44076 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $235K median. It rewards specialists, not generalists.
Rent of $918/mo on a $235K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 44076 sits below the stated 0.0% once reality is priced in.
Regionally, 44076 sits on the difficult end of the OH spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 44076 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 44076 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Orwell:
Property Strategy for 44076
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $173,454 | $1,020 | 4.2% | +7.3% | $86,727 |
| 3BR | $225,003 | $1,240 | 4.0% | +8.5% | $75,001 |
| 4BR | $283,046 | $1,400 | 3.6% | +9.3% | $70,761 |
Market Trends
Home Value History (with trend line)
📊 How Does 44076 Compare?
| Metric | 44076 | Orwell | Ashtabula, OH | Ohio |
|---|---|---|---|---|
| Home Value | $234,689 | $234,689 | N/A | $237,530 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 7.4% |
| Avg Rent | $918 | $918 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 44076 (Orwell, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $234,689 |
| Monthly Rent | $918 |
| Price-to-Rent | 21.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (3.1%). 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 44076
Population: 4,878
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 44076
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.
Frequently Asked Questions
What type of investing works in Orwell, OH?
A careful cash-flow rentals with hands-on management strategy Orwell, OH best. The market produces even-keeled results for that approach at the $235K price point.
Is Orwell, OH a friendly market for rental owners?
Orwell, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is the tenant base reliable in Orwell, OH?
Tenant demand in Orwell, OH is solid. The local workforce $918/mo rents across most rental classes.
Does house hacking make sense in Orwell, OH?
House hacking in Orwell, OH is reasonable to execute. Prices around $235K and rents of $918/mo solid owner-occupant economics.
How does Orwell, OH rate as a rental market?
Orwell, OH scores 3.0/5 for investability. Home values sit at $235K and rents near $918/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 44076 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44076 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 44076 ranks in Ashtabula, OH
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