Real Estate Investing in Dellroy, Ohio (44620)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44620 (Dellroy, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Dellroy, OH (44620)?
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Market Analysis: 44620 Dellroy
The 44620 ZIP covers a section of Dellroy that demands careful diligence. Prices near $259K look accessible, but the work to make a deal cash flow is real.
Rent of $936/mo on a $259K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 44620 sits below the stated 0.0% once reality is priced in.
In the broader OH picture, 44620 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 44620 includes headwinds that any investor should price in. Income distribution skews lower than Dellroy averages, and tenant stability requires active management.
Distressed ZIPs reward experience. impressive returns are possible in 44620, 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 Dellroy:
Property Strategy for 44620
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $212,482 | $1,040 | 3.5% | +7.7% | $106,241 |
| 3BR | $273,878 | $1,310 | 3.4% | +8.3% | $91,293 |
Market Trends
Home Value History (with trend line)
📊 How Does 44620 Compare?
| Metric | 44620 | Dellroy | Canton-Massillon, OH | Ohio |
|---|---|---|---|---|
| Home Value | $258,667 | $258,667 | N/A | $237,530 |
| 5-Year CAGR | 7.3% | 7.3% | N/A | 7.4% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 44620 (Dellroy, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $258,667 |
| Monthly Rent | $936 |
| Price-to-Rent | 23.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +10.0% ▲ |
| 3-Year CAGR | +7.9% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (2.8%). 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 44620
Population: 1,318
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
Investor Insight: With 673 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Dellroy, OH?
In Dellroy, OH the median home value sits at $259K. Against the broader OH market, that reads as reasonable for most investors.
Is Dellroy in OH worth investing in?
Investors tracking Dellroy, OH will find a 3.0/5 rating supported by $259K median home values and $936/mo rents. That profile suits long-term holders targeting even-keeled returns.
Can I house hack in Dellroy, OH?
Dellroy, OH is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $259K price point reasonable to enter.
Are landlord laws favorable in Dellroy, OH?
Rental owners in Dellroy, OH deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How strong is tenant demand in Dellroy, OH?
Dellroy, OH draws a reliable base of working renters. Demand at the $936/mo rent level is reasonable for standard single-family and small multi rentals.
You know 44620 now. You don’t know where it ranks.
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How 44620 ranks in Canton-Massillon, OH
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