Real Estate Investing in Warren, Ohio (44481)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44481 (Warren, 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: 10.9% 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 Warren, OH (44481)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44481 Warren
Investors eyeing 44481 need to respect the fundamentals at play. Home values of $238K come alongside slower price movement and elevated management overhead.
For an experienced owner, 44481 can be a worth a close look for hunting ground — but the discount at $238K reflects genuine risk that outside investors often underestimate.
ZIP 44481's metrics run below Trumbull's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Resident income in 44481 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Warren's stable or hybrid ZIPs before stepping into 44481. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Warren:
Property Strategy for 44481
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $163,799 | $970 | 4.3% | +10.6% | $81,899 |
| 3BR | $226,521 | $1,270 | 4.0% | +9.0% | $75,507 |
| 4BR | $277,725 | $1,340 | 3.5% | +9.1% | $69,431 |
Market Trends
Home Value History (with trend line)
📊 How Does 44481 Compare?
| Metric | 44481 | Warren | Ohio |
|---|---|---|---|
| Home Value | $238,146 | $164,504 | $237,530 |
| 5-Year CAGR | 7.5% | 8.5% | 7.4% |
| Avg Rent | $873 | $993 | - |
| Cap Rate | 2.9% | 5.7% | - |
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 44481 (Warren, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $238,146 |
| Monthly Rent | $873 |
| Price-to-Rent | 22.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +7.5% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 44481
Population: 10,287
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 44481
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Jefferson PK-8 School
McGuffey PK-8 School
LaBrae Intermediate School
LaBrae Middle School
Summit Academy Alternative LearnersWarren Middle & Secondary
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 2,403 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Warren, OH good for house hacking?
House hacking works a challenging in Warren, OH. Rents of $873/mo against $238K acquisition make the strategy solid for owner-occupants.
What investment strategy works best in Warren, OH?
The best-fit strategy in Warren, OH is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Warren, OH landlord-friendly?
Warren, OH operates under OH law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
What kind of market is Warren, OH for investors?
The 3.0/5 investability rating in Warren, OH reflects its $238K prices and $873/mo rents. Investors generally consider it a solid option within OH.
What are home prices like in Warren, OH?
Typical homes in Warren, OH go for around $238K. The 5-year CAGR of 0.0% consistent price movement.
You know 44481 now. You don’t know where it ranks.
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