Real Estate Investing in Cuyahoga Falls, Ohio (44223)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44223 (Cuyahoga Falls, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Cuyahoga Falls, OH (44223)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44223 Cuyahoga Falls
The 44223 ZIP covers a section of Cuyahoga Falls that demands careful diligence. Prices near $259K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $259K asset, 44223 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 44223's metrics run below Summit 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 44223 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Cuyahoga Falls's stable or hybrid ZIPs before stepping into 44223. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Cuyahoga Falls:
Property Strategy for 44223
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $103,911 | $1,020 | 7.1% | +8.3% | $103,911 |
| 2BR | $197,388 | $1,310 | 4.8% | +8.3% | $98,694 |
| 3BR | $238,911 | $1,600 | 4.8% | +7.3% | $79,637 |
| 4BR | $377,733 | $1,740 | 3.3% | +6.7% | $94,433 |
| 5BR | $525,902 | — | — | +7.1% | $105,180 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44223 Compare?
| Metric | 44223 | Cuyahoga Falls | Akron, OH | Ohio |
|---|---|---|---|---|
| Home Value | $259,141 | $230,220 | N/A | $237,530 |
| 5-Year CAGR | 6.0% | 6.2% | N/A | 7.4% |
| Avg Rent | $1,580 | $1,473 | N/A | - |
| Cap Rate | 4.8% | 5.0% | - | - |
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 44223 (Cuyahoga Falls, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $259,141 |
| Monthly Rent | $1,580 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.8% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (4.8%). 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.
Demographics in 44223
Population: 18,373
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 44223
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 3,811 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do landlord-tenant laws work in Cuyahoga Falls, OH?
Cuyahoga Falls, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is it easy to find good tenants in Cuyahoga Falls, OH?
The tenant pool in Cuyahoga Falls, OH is solid, supported by local employment and population fundamentals. Rents of $1,580/mo are well-absorbed by the market.
What is the typical home price in Cuyahoga Falls, OH?
Expect median prices around $259K in Cuyahoga Falls, OH. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
Is Cuyahoga Falls in OH worth investing in?
Yes - Cuyahoga Falls, OH a 3.0/5 investability score. With $259K home prices against $1,580/mo monthly rent, the market delivers a reasonable entry point for new investors.
What type of investing works in Cuyahoga Falls, OH?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Cuyahoga Falls, OH. The numbers - $259K homes against $1,580/mo rents - support that play.
You know 44223 now. You don’t know where it ranks.
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How 44223 ranks in Akron, OH
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