Real Estate Investing in Cortland, Ohio (44410)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44410 (Cortland, 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.
- Elevated vacancy: 8.6% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cortland, OH (44410)?
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Market Analysis: 44410 Cortland
Investors eyeing 44410 need to respect the fundamentals at play. Home values of $238K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $238K asset, 44410 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader OH picture, 44410 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A durable renter share of 19% in 44410 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Cortland's stable or hybrid ZIPs before stepping into 44410. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Cortland:
Property Strategy for 44410
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $157,149 | $970 | 4.4% | +9.3% | $78,575 |
| 3BR | $230,057 | $1,270 | 4.0% | +8.3% | $76,686 |
| 4BR | $307,225 | $1,340 | 3.1% | +8.1% | $76,806 |
| 5BR | $323,211 | — | — | +7.9% | $64,642 |
Market Trends
Home Value History (with trend line)
📊 How Does 44410 Compare?
| Metric | 44410 | Cortland | Ohio |
|---|---|---|---|
| Home Value | $238,355 | $238,355 | $237,530 |
| 5-Year CAGR | 6.9% | 6.9% | 7.4% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 2.9% | 2.9% | - |
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 44410 (Cortland, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $238,355 |
| Monthly Rent | $873 |
| Price-to-Rent | 22.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 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 (2.9%). 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 44410
Population: 16,467
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 44410
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 800 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 Cortland, OH?
Rental owners in Cortland, OH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
What kind of vacancy should I budget for in Cortland, OH?
Cortland, OH carries elevated vacancy risk. Expect measured absorption at market rents of $873/mo.
Which investment style suits Cortland, OH?
For Cortland, OH, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Does house hacking make sense in Cortland, OH?
House hacking in Cortland, OH is a challenging. With home values around $238K and rents at $873/mo, owner-occupants can offset a meaningful share of PITI.
What is the typical renter like in Cortland, OH?
Expect a solid tenant pool in Cortland, OH. The rental market absorbs $873/mo rents without meaningful friction.
You know 44410 now. You don’t know where it ranks.
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How 44410 ranks in Youngstown-Warren-Boardman, OH-PA
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