Real Estate Investing in New Philadelphia, Ohio (44663)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44663 (New Philadelphia, 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.
No major risk flags on the data we track.
What’s happening in New Philadelphia, OH (44663)?
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Market Analysis: 44663 New Philadelphia
The 44663 ZIP in New Philadelphia, OH is a local-operator market. Outside capital chasing a $209K entry has to pair deep knowledge with the discount.
Distressed markets are won on execution, not on spreadsheets. ZIP 44663 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader OH picture, 44663 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Resident income in 44663 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategy in 44663 is an operator game, not a passive one. Stepping back, entry prices of $209K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in New Philadelphia:
Property Strategy for 44663
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $153,237 | $990 | 4.7% | +7.3% | $76,619 |
| 3BR | $215,016 | $1,270 | 4.3% | +7.2% | $71,672 |
| 4BR | $282,912 | $1,440 | 3.7% | +7.3% | $70,728 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44663 Compare?
| Metric | 44663 | New Philadelphia | New Philadelphia-Dover, OH | Ohio |
|---|---|---|---|---|
| Home Value | $208,552 | $208,552 | N/A | $237,530 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 7.4% |
| Avg Rent | $1,200 | $1,200 | N/A | - |
| Cap Rate | 4.5% | 4.5% | - | - |
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 44663 (New Philadelphia, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $208,552 |
| Monthly Rent | $1,200 |
| Price-to-Rent | 14.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (4.5%). 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 44663
Population: 24,732
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 44663
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
Is New Philadelphia, OH a good market for buy-and-hold investors?
The 3.0/5 investability rating in New Philadelphia, OH reflects its $209K prices and $1,200/mo rents. Investors generally consider it a solid option within OH.
What are rental rates like in New Philadelphia, OH?
Rent in New Philadelphia, OH is around $1,200/mo. The resulting rent-to-value relationship with $209K pricing is reasonable for most investor models.
What type of investing works in New Philadelphia, OH?
New Philadelphia, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($209K prices, $1,200/mo rents) make it a reasonable choice.
What is the typical vacancy rate in New Philadelphia, OH?
Vacancy risk in New Philadelphia, OH is elevated. That supports predictable cash flow for typical rental holds.
How expensive is real estate in New Philadelphia, OH?
Typical homes in New Philadelphia, OH go for around $209K. The 5-year CAGR of 0.0% consistent price movement.
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How 44663 ranks in New Philadelphia-Dover, OH
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