Real Estate Investing in Malvern, Ohio (44644)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44644 (Malvern, OH)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.0% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 26.4 — 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 Malvern, OH (44644)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44644 Malvern
This part of Carroll County is not an easy win. The 44644 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed markets are won on execution, not on spreadsheets. ZIP 44644 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
The gap between 44644 and stronger Malvern ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Who lives in 44644 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 44644 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Malvern:
Property Strategy for 44644
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $199,309 | $990 | 3.6% | +9.0% | $99,654 |
| 3BR | $294,435 | $1,250 | 3.1% | +7.9% | $98,145 |
| 4BR | $397,460 | $1,320 | 2.4% | +8.3% | $99,365 |
Market Trends
Home Value History (with trend line)
📊 How Does 44644 Compare?
| Metric | 44644 | Malvern | Canton-Massillon, OH | Ohio |
|---|---|---|---|---|
| Home Value | $282,199 | $282,199 | N/A | $237,530 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 7.4% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44644 (Malvern, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $282,199 |
| Monthly Rent | $891 |
| Price-to-Rent | 26.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (2.5%). 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 44644
Population: 4,445
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 44644
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
Frequently Asked Questions
What price range are homes in Malvern, OH?
The median home value in Malvern, OH is roughly $282K. That puts it reasonable relative to the OH statewide average.
How tight is the rental market in Malvern, OH?
Malvern, OH carries elevated vacancy risk. Expect consistent absorption at market rents of $891/mo.
How strong is the working-renter base in Malvern, OH?
Tenant demand in Malvern, OH is solid. The local workforce $891/mo rents across most rental classes.
Is Malvern, OH landlord-friendly?
OH ranks as a landlord-friendly state for landlord-tenant law. Malvern generally follows the statewide framework, so landlords face reasonable operating rules.
Can I live-in-and-rent in Malvern, OH?
The house hack math a challenging in Malvern, OH. Owner-occupant buyers benefit from the $891/mo rents and $282K home values.
You know 44644 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44644 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 44644 ranks in Canton-Massillon, OH
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