Real Estate Investing in Bellevue, Ohio (44811)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Huron County • Population: 12,486 • Data updated: September 2026

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Should you buy in 44811 (Bellevue, OH)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (79/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

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 Bellevue, OH (44811)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $192,310
Avg Monthly Rent $882
1% Rule ✗ Does Not Meet
Median Income $65,304
% Renters 27.2%

Market Analysis: 44811 Bellevue

Investors eyeing 44811 need to respect the fundamentals at play. Home values of $192K come alongside slower price movement and elevated management overhead.

The 44811 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

On the rental side, 44811 offers a low basis, the region around Bellevue has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

From a cash-flow lens, 12,486 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

New investors are better served looking at Bellevue's stable or hybrid ZIPs before stepping into 44811. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Bellevue:

B Good
Buy Confidence Score: 74/100
Affordability
20/25
Appreciation
22/25
Stability
11/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.9× the median income
Value Trend
Rising (+6.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $882/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Norwalk, OH Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Norwalk, OH metro data
🏠

Property Strategy for 44811

Which property type performs best in this market?

Best for Cash Flow
2BR
5.0% cap rate
Best for Appreciation
2BR
+8.5% 5yr CAGR
Best Overall Value
5BR
$48,125/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $142,298 $980 5.0% +8.5% $71,149
3BR $188,810 $1,210 4.6% +7.6% $62,937
4BR $217,187 $1,390 4.6% +7.5% $54,297
5BR $240,627 +7.1% $48,125

Market Trends

Home Value History (with trend line)

$201K$176K$152K$127K$103K$78KJul 2006Jul 2016Jul 2026

📊 How Does 44811 Compare?

Metric 44811 Bellevue Norwalk, OH Ohio
Home Value $192,310 $192,310 N/A $237,530
5-Year CAGR 6.7% 6.7% N/A 7.4%
Avg Rent $882 $882 N/A -
Cap Rate 3.6% 3.6% - -
💡 Why Invest in 44811? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 44811 (Bellevue, OH). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+6.7%
Strong

📉 Market Crash Risk Index

Based on Norwalk, OH metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
58%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $192,310
Monthly Rent $882
Price-to-Rent 18.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.5%
Cap Rate 3.6%
5-Year IRR 10.2%

📈 Home Appreciation

1-Year +6.6% ▲
3-Year CAGR +6.4% ▲
5-Year CAGR +6.7% ▲
10-Year CAGR +6.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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.

Vacancy
6.6%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+6.7%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 44811

Population: 12,486

💰 Median Household Income
$65,304
This area
$65,304
State
$68,496
USA
$74,580
🏠 Renter Occupied
27.2%
This area
27.2%
State
25.8%
USA
34.0%
💼 Unemployment Rate
2.8%
This area
2.8%
State
-9.1%
USA
3.7%
🎓 College Educated
15.6%
This area
15.6%
State
8.4%
USA
33.7%
👤 Median Age
41.1 years
This area
41.1 years
State
19.6 years
USA
38.9 years
🏚️ Vacancy Rate
6.6%
This area
6.6%
State
11.1%
USA
10.5%
👥 Population by Ethnicity
White 94.2%
Other/Mixed 4.9%
Hispanic/Latino 3.5%
Black/African American 0.6%
Asian 0.4%
👶 Under 18
22.6%
This area
22.6%
USA
22.0%
👴 65 and Over
19.0%
This area
19.0%
USA
17.3%
📊 Poverty Rate
11.3%
This area
11.3%
USA
11.5%

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 44811

B+ Avg School Grade
3 Schools
16.6:1 Avg Class Size
$14,563 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Bellevue High School

📚 09 – 12 High School
👥
536 Students
👨‍🏫
14.8:1 Class Size
💰
$14,563 Per Student
B+ Above Average

Bellevue Middle School

📚 06 – 08 Middle
👥
413 Students
👨‍🏫
17.2:1 Class Size
💰
$14,563 Per Student
B+ Above Average

Bellevue Elementary School

📚 Pre-K – 05 Elementary
👥
827 Students
👨‍🏫
17.9:1 Class Size
💰
$14,563 Per Student
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

5 Nearby
D
Elite School of Cosmetology
179 students · 12.3 mi
C+
EHOVE Career Center
375 students · 12.7 mi
C
Sandusky Career Center
81 students · 14.2 mi
C
Ohio Business College-Sandusky
24 students · 15.0 mi
C
Firelands Regional Medical Center School of Nursing
71 students · 15.0 mi

Frequently Asked Questions

What is the tenant pool like in Bellevue, OH?

Tenant quality in Bellevue, OH ranks as solid. Landlords generally report reliable occupancy at market rents of $882/mo.

Should investors consider Bellevue, OH?

Our data puts Bellevue, OH at 3.0/5 for investability. Home prices of $192K and rents around $882/mo create a solid backdrop for investor activity.

Are homes affordable in Bellevue, OH?

In Bellevue, OH the median home value sits at $192K. Against the broader OH market, that reads as reasonable for most investors.

Which investment style suits Bellevue, OH?

Bellevue, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($192K prices, $882/mo rents) make it a reasonable choice.

Should investors worry about vacancy in Bellevue, OH?

Rental vacancy in Bellevue, OH is elevated. Investors should budget normal turnover but not chronic empty units.

You know 44811 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 44811 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.

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How 44811 ranks in Norwalk, OH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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