Real Estate Investing in Ravenna, Ohio (44266)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44266 (Ravenna, 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.
- Elevated vacancy: 8.0% vacancy may signal weakening demand.
What’s happening in Ravenna, OH (44266)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44266 Ravenna
ZIP 44266 in Ravenna, OH carries a sturdy set of headwinds. Home values near $228K and rents of $1,160/mo sit inside a market where underwriting has to be tight.
Put differently, the numbers look inviting — $228K purchase price, 0.0% nominal cap — the work to hit that pro forma in 44266 is substantial and deserves full respect.
Within OH, ZIP 44266 trails on several market indicators that neighboring Portage County submarkets outperform. The gap is real and robust enough to shape underwriting.
Resident income in 44266 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. sturdy returns are possible in 44266, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Ravenna:
Property Strategy for 44266
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $85,794 | $930 | 7.8% | +7.4% | $85,794 |
| 2BR | $143,182 | $1,200 | 6.0% | +7.9% | $71,591 |
| 3BR | $224,619 | $1,460 | 4.7% | +7.4% | $74,873 |
| 4BR | $289,073 | $1,590 | 4.0% | +7.7% | $72,268 |
| 5BR | $270,945 | — | — | +7.7% | $54,189 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44266 Compare?
| Metric | 44266 | Ravenna | Akron, OH | Ohio |
|---|---|---|---|---|
| Home Value | $227,746 | $227,746 | N/A | $237,530 |
| 5-Year CAGR | 6.0% | 6.0% | N/A | 7.4% |
| Avg Rent | $1,160 | $1,160 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
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 44266 (Ravenna, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $227,746 |
| Monthly Rent | $1,160 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +8.1% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 (4.0%). 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 44266
Population: 32,301
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 44266
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 2,662 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Ravenna, OH?
Typical homes in Ravenna, OH go for around $228K. The 5-year CAGR of 0.0% predictable price movement.
Is Ravenna, OH a good market for buy-and-hold investors?
The 3.0/5 investability rating in Ravenna, OH reflects its $228K prices and $1,160/mo rents. Investors generally consider it a solid option within OH.
How strong is the working-renter base in Ravenna, OH?
Working renters make up the core of the Ravenna, OH tenant base. The pool is reasonable for investors targeting long-term holds.
Are landlord laws favorable in Ravenna, OH?
OH law landlord-friendly for landlords, and Ravenna inherits those rules. Investors should still review local ordinances for rental licensing.
What are rental rates like in Ravenna, OH?
Expect rents around $1,160/mo per month in Ravenna, OH. With home values at $228K, the yield math works out to reasonable levels for rental investors.
You know 44266 now. You don’t know where it ranks.
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How 44266 ranks in Akron, OH
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