Real Estate Investing in Lisbon, Ohio (44432)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44432 (Lisbon, OH)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Elevated vacancy: 11.5% 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 Lisbon, OH (44432)?
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Market Analysis: 44432 Lisbon
Not every below-median market is a bargain. Lisbon's 44432 ZIP records signals that favor experienced operators who can absorb the risk $174K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 44432 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Put differently, 44432 offers a low basis, the region around Lisbon has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 44432 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 44432 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Lisbon:
Property Strategy for 44432
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $134,026 | $860 | 4.6% | — | $134,026 |
| 2BR | $134,169 | $1,070 | 5.7% | +6.8% | $67,085 |
| 3BR | $190,390 | $1,340 | 5.1% | +5.7% | $63,463 |
| 4BR | $233,515 | $1,420 | 4.4% | +5.9% | $58,379 |
Market Trends
Home Value History (with trend line)
📊 How Does 44432 Compare?
| Metric | 44432 | Lisbon | Salem, OH | Ohio |
|---|---|---|---|---|
| Home Value | $173,528 | $173,528 | N/A | $237,530 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 7.4% |
| Avg Rent | $963 | $963 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 44432 (Lisbon, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $173,528 |
| Monthly Rent | $963 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.3% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (4.3%). 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 44432
Population: 12,029
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 44432
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 593 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much is rent in Lisbon, OH?
The typical rental in Lisbon, OH commands about $963/mo monthly. That rent profile measured cash flow against the $174K purchase basis.
Do landlords face vacancy issues in Lisbon, OH?
Vacancy in Lisbon, OH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $963/mo.
Is Lisbon in OH worth investing in?
With a 3.0/5 investability score, Lisbon, OH ranks as a solid market for rental property investors. Median prices of $174K and rents of $963/mo drive the underlying numbers.
Is Lisbon, OH good for house hacking?
House hacking works a challenging in Lisbon, OH. Rents of $963/mo against $174K acquisition make the strategy solid for owner-occupants.
Is it easy to find good tenants in Lisbon, OH?
Lisbon, OH draws a reliable base of working renters. Demand at the $963/mo rent level is reasonable for standard single-family and small multi rentals.
You know 44432 now. You don’t know where it ranks.
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How 44432 ranks in Salem, OH
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