Real Estate Investing in New Riegel, Ohio (44853)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44853 (New Riegel, 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in New Riegel, OH (44853)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44853 New Riegel
This part of Seneca County is not an easy win. The 44853 ZIP reflects softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $255K asset, 44853 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 44853 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 44853 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at New Riegel's stable or hybrid ZIPs before stepping into 44853. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in New Riegel:
Market Trends
Home Value History (with trend line)
📊 How Does 44853 Compare?
| Metric | 44853 | New Riegel | Tiffin, OH | Ohio |
|---|---|---|---|---|
| Home Value | $255,124 | $255,124 | N/A | $237,530 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 7.4% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
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 44853 (New Riegel, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 44853 (New Riegel, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $255,124 |
| Monthly Rent | $936 |
| Price-to-Rent | 22.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +8.1% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 (2.9%). 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 44853
Population: 1,507
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 44853
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
How should investors approach New Riegel, OH?
In New Riegel, OH the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $255K prices and $936/mo rents suits that approach.
What do rentals go for in New Riegel, OH?
Average rent in New Riegel, OH is approximately $936/mo per month. Against $255K home values that yields a reasonable rent-to-price ratio.
Are there empty rentals in New Riegel, OH?
Vacancy in New Riegel, OH is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $936/mo.
Can I house hack in New Riegel, OH?
New Riegel, OH is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $255K price point reasonable to enter.
Is the tenant base reliable in New Riegel, OH?
Tenant demand in New Riegel, OH is solid. The local workforce $936/mo rents across most rental classes.
You know 44853 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44853 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 44853 ranks in Tiffin, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 44853 (New Riegel)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 44853 (New Riegel, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.