Real Estate Investing in Gnadenhutten, Ohio (44629)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44629 (Gnadenhutten, 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: 9.8% 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 Gnadenhutten, OH (44629)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44629 Gnadenhutten
ZIP 44629 inside Tuscarawas County looks affordable on the surface — median value of $198K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 44629 is substantial only for operators who understand what they are buying. A $198K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 44629's metrics run below Tuscarawas County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 44629 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 44629 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Gnadenhutten:
Market Trends
Home Value History (with trend line)
📊 How Does 44629 Compare?
| Metric | 44629 | Gnadenhutten | New Philadelphia-Dover, OH | Ohio |
|---|---|---|---|---|
| Home Value | $198,199 | $198,199 | N/A | $237,530 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 7.4% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 3.5% | 3.5% | - | - |
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 44629 (Gnadenhutten, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 44629 (Gnadenhutten, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $198,199 |
| Monthly Rent | $882 |
| Price-to-Rent | 18.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +10.3% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (3.5%). 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 44629
Population: 2,497
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 44629
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 673 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of vacancy should I budget for in Gnadenhutten, OH?
Gnadenhutten, OH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is Gnadenhutten, OH a good market for buy-and-hold investors?
Our data puts Gnadenhutten, OH at 3.0/5 for investability. Home prices of $198K and rents around $882/mo create a solid backdrop for investor activity.
What is the median home value in Gnadenhutten, OH?
Expect median prices around $198K in Gnadenhutten, OH. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
Is Gnadenhutten, OH good for landlords?
For rental operators, Gnadenhutten, OH rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What is the renter demographic in Gnadenhutten, OH?
Gnadenhutten, OH offers a predictable renter base at the $882/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 44629 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44629 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 44629 ranks in New Philadelphia-Dover, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 44629 (Gnadenhutten)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 44629 (Gnadenhutten, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.