Real Estate Investing in Columbiana, Ohio (44408)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44408 (Columbiana, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Columbiana, OH (44408)?
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Market Analysis: 44408 Columbiana
This part of Columbiana County is not an easy win. The 44408 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 44408 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 44408's metrics run below Columbiana County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 44408 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 44408 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Columbiana:
Property Strategy for 44408
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $195,885 | $970 | 3.6% | +7.8% | $97,942 |
| 3BR | $253,622 | $1,230 | 3.5% | +7.2% | $84,541 |
| 4BR | $331,483 | $1,300 | 2.8% | +6.9% | $82,871 |
Market Trends
Home Value History (with trend line)
📊 How Does 44408 Compare?
| Metric | 44408 | Columbiana | Salem, OH | Ohio |
|---|---|---|---|---|
| Home Value | $258,963 | $258,963 | N/A | $237,530 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 7.4% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44408 (Columbiana, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $258,963 |
| Monthly Rent | $873 |
| Price-to-Rent | 24.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.6% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +9.8% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (2.6%). 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 44408
Population: 10,924
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 44408
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
Does Columbiana, OH favor landlords or tenants?
OH ranks as a landlord-friendly state for landlord-tenant law. Columbiana generally follows the statewide framework, so landlords face reasonable operating rules.
What is the tenant pool like in Columbiana, OH?
Tenant quality in Columbiana, OH ranks as solid. Landlords generally report stable occupancy at market rents of $873/mo.
What kind of market is Columbiana, OH for investors?
With a 3.0/5 investability score, Columbiana, OH ranks as a solid market for rental property investors. Median prices of $259K and rents of $873/mo drive the underlying numbers.
What does house hacking look like in Columbiana, OH?
Columbiana, OH offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.
Are homes affordable in Columbiana, OH?
Homes in Columbiana, OH typically sell near $259K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
You know 44408 now. You don’t know where it ranks.
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How 44408 ranks in Salem, OH
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