Real Estate Investing in Carrollton, Ohio (44615)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44615 (Carrollton, 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: 20.0% 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 Carrollton, OH (44615)?
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Market Analysis: 44615 Carrollton
Not every below-median market is a bargain. Carrollton's 44615 ZIP sits at signals that favor experienced operators who can absorb the risk $185K pricing implies.
The 44615 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 44615 and stronger Carrollton ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 44615 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 44615 is an operator game, not a passive one. From a cash-flow lens, entry prices of $185K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Carrollton:
Property Strategy for 44615
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $104,638 | $760 | 5.2% | +7.8% | $104,638 |
| 2BR | $151,239 | $970 | 4.6% | +7.1% | $75,620 |
| 3BR | $215,589 | $1,230 | 4.1% | +6.8% | $71,863 |
| 4BR | $272,428 | $1,300 | 3.4% | +7.7% | $68,107 |
Market Trends
Home Value History (with trend line)
📊 How Does 44615 Compare?
| Metric | 44615 | Carrollton | Canton-Massillon, OH | Ohio |
|---|---|---|---|---|
| Home Value | $184,922 | $207,666 | N/A | $237,530 |
| 5-Year CAGR | 5.8% | 6.0% | N/A | 7.4% |
| Avg Rent | $873 | $900 | N/A | - |
| Cap Rate | 3.7% | 3.4% | - | - |
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 44615 (Carrollton, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $184,922 |
| Monthly Rent | $873 |
| Price-to-Rent | 17.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.7% |
| Cap Rate | 3.7% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +11.3% ▲ |
| 3-Year CAGR | +7.2% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 (3.7%). 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 44615
Population: 9,830
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 44615
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.
Frequently Asked Questions
What is the investability score for Carrollton, OH?
Carrollton, OH comes in at an investability rating of 3.0/5, with median home values near $185K and average rents around $873/mo. That combination puts it in the substantial tier for investor interest.
Is vacancy a concern in Carrollton, OH?
Expect elevated vacancy in Carrollton, OH. Rents at $873/mo are absorbed by the tenant base without meaningful lag.
What is it like being a landlord in Carrollton, OH?
OH law landlord-friendly for landlords, and Carrollton inherits those rules. Investors should still review local ordinances for rental licensing.
Is it easy to find good tenants in Carrollton, OH?
The renter base in Carrollton, OH is reasonable for the $873/mo price point. Screening well and pricing to market typically yields steady tenants.
What is the average monthly rent in Carrollton, OH?
Rent in Carrollton, OH is around $873/mo. The resulting rent-to-value relationship with $185K pricing is reasonable for most investor models.
You know 44615 now. You don’t know where it ranks.
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How 44615 ranks in Canton-Massillon, OH
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