Real Estate Investing in Wellington, Ohio (44090)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44090 (Wellington, 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 price-to-rent: Price-to-rent ratio 26.8 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Wellington, OH (44090)?
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Market Analysis: 44090 Wellington
Not every below-median market is a bargain. Wellington's 44090 ZIP sits at signals that favor experienced operators who can absorb the risk $292K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 44090 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader OH picture, 44090 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 44090 includes headwinds that any investor should price in. Income distribution skews lower than Wellington averages, and tenant stability requires active management.
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 Wellington:
Property Strategy for 44090
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $199,988 | $1,010 | 3.6% | +8.1% | $99,994 |
| 3BR | $277,556 | $1,300 | 3.4% | +7.8% | $92,519 |
| 4BR | $333,538 | $1,390 | 3.0% | +7.8% | $83,385 |
| 5BR | $362,064 | — | — | +8.3% | $72,413 |
Market Trends
Home Value History (with trend line)
📊 How Does 44090 Compare?
| Metric | 44090 | Wellington | Cleveland-Elyria, OH | Ohio |
|---|---|---|---|---|
| Home Value | $292,380 | $220,563 | N/A | $237,530 |
| 5-Year CAGR | 6.3% | 5.0% | N/A | 7.4% |
| Avg Rent | $909 | $945 | N/A | - |
| Cap Rate | 2.4% | 3.8% | - | - |
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 44090 (Wellington, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $292,380 |
| Monthly Rent | $909 |
| Price-to-Rent | 26.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +5.8% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (2.4%). 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 44090
Population: 10,341
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 44090
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
Frequently Asked Questions
Is Wellington, OH a smart market for rental property?
Wellington, OH scores 3.0/5 for investability. Home values sit at $292K and rents near $909/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Do landlords face vacancy issues in Wellington, OH?
Vacancy risk in Wellington, OH is elevated. That supports predictable cash flow for typical rental holds.
Is Wellington, OH better for rentals, flips, or BRRRR?
Most investors in Wellington, 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.
Can I live-in-and-rent in Wellington, OH?
The a challenging house-hack environment in Wellington, OH reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How deep is the rental pool in Wellington, OH?
Tenant demand in Wellington, OH is solid. The local workforce $909/mo rents across most rental classes.
You know 44090 now. You don’t know where it ranks.
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How 44090 ranks in Cleveland-Elyria, OH
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Community Ratings
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