Real Estate Investing in Dalton, Ohio (44618)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44618 (Dalton, 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 price-to-rent: Price-to-rent ratio 29.3 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Dalton, OH (44618)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44618 Dalton
This part of Wayne County is not an easy win. The 44618 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 44618 can be a a credible choice for hunting ground — but the discount at $310K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Dalton have seen price recovery that 44618 has not matched. Wayne County data supports the view that the spread is structural rather than temporary.
The demographic picture in 44618 includes headwinds that any investor should price in. Income distribution skews lower than Dalton averages, and tenant stability requires active management.
Distressed ZIPs reward experience. substantial returns are possible in 44618, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Dalton:
Property Strategy for 44618
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $233,782 | $980 | 3.0% | +10.5% | $116,891 |
| 3BR | $296,234 | $1,200 | 2.9% | +9.5% | $98,745 |
| 4BR | $372,283 | $1,400 | 2.7% | +8.2% | $93,071 |
| 5BR | $446,213 | — | — | +5.5% | $89,243 |
Market Trends
Home Value History (with trend line)
📊 How Does 44618 Compare?
| Metric | 44618 | Dalton | Wooster, OH | Ohio |
|---|---|---|---|---|
| Home Value | $309,544 | $309,544 | N/A | $237,530 |
| 5-Year CAGR | 8.0% | 8.0% | N/A | 7.4% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
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 44618 (Dalton, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $309,544 |
| Monthly Rent | $882 |
| Price-to-Rent | 29.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.4% |
| Cap Rate | 2.2% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +1.0% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 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 (2.2%). 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 44618
Population: 7,869
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 44618
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 4,197 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Dalton, OH?
Homes in Dalton, OH typically sell near $310K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
What is it like being a landlord in Dalton, OH?
The landlord environment in Dalton, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What kind of tenants rent in Dalton, OH?
The renter base in Dalton, OH is reasonable for the $882/mo price point. Screening well and pricing to market typically yields consistent tenants.
Does house hacking work in Dalton, OH?
For house hackers, Dalton, OH is a challenging. The $882/mo rent on a unit helps defray the mortgage on a $310K property.
How does Dalton, OH stack up for property investment?
The 3.0/5 investability rating in Dalton, OH reflects its $310K prices and $882/mo rents. Investors generally consider it a solid option within OH.
You know 44618 now. You don’t know where it ranks.
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How 44618 ranks in Wooster, OH
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