Real Estate Investing in Deerfield, Ohio (44411)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44411 (Deerfield, 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 vacancy: 23.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Deerfield, OH (44411)?
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Market Analysis: 44411 Deerfield
Not every below-median market is a bargain. Deerfield's 44411 ZIP stands at signals that favor experienced operators who can absorb the risk $240K pricing implies.
The investment case in 44411 is sturdy only for operators who understand what they are buying. A $240K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 44411's metrics run below Portage County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 44411 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.
Strategy in 44411 is an operator game, not a passive one. From a cash-flow lens, entry prices of $240K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Deerfield:
Property Strategy for 44411
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $181,579 | $1,380 | 5.5% | +8.3% | $90,789 |
| 3BR | $254,606 | $1,680 | 4.8% | +8.0% | $84,869 |
Market Trends
Home Value History (with trend line)
📊 How Does 44411 Compare?
| Metric | 44411 | Deerfield | Akron, OH | Ohio |
|---|---|---|---|---|
| Home Value | $240,007 | $240,007 | N/A | $237,530 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 7.4% |
| Avg Rent | $1,242 | $1,242 | N/A | - |
| Cap Rate | 4.0% | 4.0% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44411 (Deerfield, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $240,007 |
| Monthly Rent | $1,242 |
| Price-to-Rent | 16.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.2% |
| Cap Rate | 4.0% |
| 5-Year IRR | 10.6% |
📈 Home Appreciation
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 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 44411
Population: 2,121
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is Deerfield, OH better for rentals, flips, or BRRRR?
Deerfield, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($240K prices, $1,242/mo rents) make it a reasonable choice.
Is OH a landlord-friendly state?
The landlord environment in Deerfield, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What price range are homes in Deerfield, OH?
The median home value in Deerfield, OH is roughly $240K. That puts it reasonable relative to the OH statewide average.
How viable is house hacking in Deerfield, OH?
The house hack math a challenging in Deerfield, OH. Owner-occupant buyers benefit from the $1,242/mo rents and $240K home values.
How qualified is the tenant pool in Deerfield, OH?
The tenant pool in Deerfield, OH is solid, supported by local employment and population fundamentals. Rents of $1,242/mo are well-absorbed by the market.
You know 44411 now. You don’t know where it ranks.
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How 44411 ranks in Akron, OH
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