Real Estate Investing in Thompson, Ohio (44086)

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

Geauga County • Population: 2,405 • Data updated: September 2026

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Should you buy in 44086 (Thompson, OH)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Thompson, OH (44086)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $304,075
Avg Monthly Rent $1,107
1% Rule ✗ Does Not Meet
Median Income $81,583
% Renters 8.1%

Market Analysis: 44086 Thompson

The 44086 ZIP covers a section of Thompson that demands careful diligence. Prices near $304K look accessible, but the work to make a deal cash flow is real.

Stepping back, the numbers look inviting — $304K purchase price, 0.0% nominal cap — the work to hit that pro forma in 44086 is substantial and deserves full respect.

ZIP 44086'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.

Who lives in 44086 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Strategically, 44086 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Thompson:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.7× the median income
Value Trend
Rising (+8.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,107/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Cleveland-Elyria, OH Metro Area
Even conditions for buyers and sellers
28 days
Average time to sell
Fast
10.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Cleveland-Elyria, OH metro data
🏠

Property Strategy for 44086

Which property type performs best in this market?

Best for Cash Flow
3BR
3.8% cap rate
Best for Appreciation
2BR
+8.2% 5yr CAGR
Best Overall Value
4BR
$85,338/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $245,257 $1,230 3.6% +8.2% $122,629
3BR $299,734 $1,580 3.8% +8.0% $99,911
4BR $341,353 $1,690 3.6% +7.7% $85,338

Market Trends

Home Value History (with trend line)

$318K$278K$238K$199K$159K$119KJul 2006Jul 2016Jul 2026

📊 How Does 44086 Compare?

Metric 44086 Thompson Cleveland-Elyria, OH Ohio
Home Value $304,075 $304,075 N/A $237,530
5-Year CAGR 6.5% 6.5% N/A 7.4%
Avg Rent $1,107 $1,107 N/A -
Cap Rate 2.8% 2.8% - -
💡 Why Invest in 44086? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 44086 (Thompson, OH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.8%
Low
5yr Growth
+6.5%
Strong

📊 Market Snapshot

Home Value $304,075
Monthly Rent $1,107
Price-to-Rent 22.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.4%
Cap Rate 2.8%
5-Year IRR 9.3%

📈 Home Appreciation

1-Year +8.2% ▲
3-Year CAGR +6.5% ▲
5-Year CAGR +6.5% ▲
10-Year CAGR +6.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). 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.

Vacancy
6.6%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.5%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 44086

Population: 2,405

💰 Median Household Income
$81,583
This area
$81,583
State
$68,496
USA
$74,580
🏠 Renter Occupied
8.1%
This area
8.1%
State
25.8%
USA
34.0%
💼 Unemployment Rate
1.6%
This area
1.6%
State
-9.1%
USA
3.7%
🎓 College Educated
17.3%
This area
17.3%
State
8.4%
USA
33.7%
👤 Median Age
47.7 years
This area
47.7 years
State
19.6 years
USA
38.9 years
🏚️ Vacancy Rate
6.6%
This area
6.6%
State
11.1%
USA
10.5%
👥 Population by Ethnicity
White 97.9%
Other/Mixed 2.1%
Hispanic/Latino 1.3%
👶 Under 18
20.7%
This area
20.7%
USA
22.0%
👴 65 and Over
22.9%
This area
22.9%
USA
17.3%
📊 Poverty Rate
2.8%
This area
2.8%
USA
11.5%

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

4 Nearby 753 Off-Campus Students
C+
Auburn Career Center
234 students · 9.8 mi
C
Lake Erie College
942 students · 10.5 mi
C+
Brown Aveda Institute-Mentor
118 students · 13.9 mi
D
Kent State University at Geauga
2,154 students · 13.9 mi

Investor Insight: With 753 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How much is rent in Thompson, OH?

Thompson, OH rentals go for roughly $1,107/mo a month. That puts gross yield in solid territory relative to $304K acquisition costs.

What real estate strategy is ideal for Thompson, OH?

For Thompson, OH, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Is Thompson, OH a good place for real estate investing?

Thompson, OH sits at an investability rating of 3.0/5, with median home values near $304K and average rents around $1,107/mo. That combination puts it in the notable tier for investor interest.

What is it like being a landlord in Thompson, OH?

OH law landlord-friendly for landlords, and Thompson inherits those rules. Investors should still review local ordinances for rental licensing.

How high is vacancy risk in Thompson, OH?

Vacancy risk in Thompson, OH is elevated. That supports measured cash flow for typical rental holds.

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How 44086 ranks in Cleveland-Elyria, OH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable → 1% Rule →
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