Real Estate Investing in Dundee, Ohio (44689)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44689 (Dundee, 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: 19.1% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Dundee, OH (44689)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44689 Dundee
Investors eyeing 44689 need to respect the fundamentals at play. Home values of $239K come alongside slower price movement and elevated management overhead.
For an experienced owner, 44689 can be a worth a close look for hunting ground — but the discount at $239K reflects genuine risk that outside investors often underestimate.
Regionally, 44689 sits on the difficult end of the OH spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 44689 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 44689 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Dundee:
Market Trends
Home Value History (with trend line)
📊 How Does 44689 Compare?
| Metric | 44689 | Dundee | Canton-Massillon, OH | Ohio |
|---|---|---|---|---|
| Home Value | $239,303 | $337,164 | N/A | $237,530 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 7.4% |
| Avg Rent | $1,062 | $1,013 | N/A | - |
| Cap Rate | 3.5% | 2.6% | - | - |
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 44689 (Dundee, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 44689 (Dundee, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $239,303 |
| Monthly Rent | $1,062 |
| Price-to-Rent | 18.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 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 (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 44689
Population: 479
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 44689
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Beacon Hill Academy
Dundee Elementary School
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
Is Dundee in OH worth investing in?
Our data puts Dundee, OH at 3.0/5 for investability. Home prices of $239K and rents around $1,062/mo create a solid backdrop for investor activity.
Is OH a landlord-friendly state?
Landlord-friendliness in Dundee, OH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Where do rents currently stand in Dundee, OH?
Investors in Dundee, OH typically see rents near $1,062/mo per month against $239K home values - a solid setup for rental cash flow.
Does a duplex house hack pencil in Dundee, OH?
For house hackers, Dundee, OH is a challenging. The $1,062/mo rent on a unit helps defray the mortgage on a $239K property.
What strategy should investors use in Dundee, OH?
A careful cash-flow rentals with hands-on management strategy Dundee, OH best. The market produces stable results for that approach at the $239K price point.
You know 44689 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44689 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 44689 ranks in Canton-Massillon, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 44689 (Dundee)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 44689 (Dundee, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.