Real Estate Investing in North Fairfield, Ohio (44855)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44855 (North Fairfield, OH)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 14.5% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in North Fairfield, OH (44855)?
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Market Analysis: 44855 North Fairfield
Not every below-median market is a bargain. North Fairfield's 44855 ZIP posts signals that favor experienced operators who can absorb the risk $188K pricing implies.
On the rental side, the numbers look inviting — $188K purchase price, 0.0% nominal cap — the work to hit that pro forma in 44855 is substantial and deserves full respect.
ZIP 44855's metrics run below Huron County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 44855 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 44855 is an operator game, not a passive one. Turning to rents, entry prices of $188K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in North Fairfield:
Market Trends
Home Value History (with trend line)
📊 How Does 44855 Compare?
| Metric | 44855 | North Fairfield | Norwalk, OH | Ohio |
|---|---|---|---|---|
| Home Value | $188,408 | $188,408 | N/A | $237,530 |
| 5-Year CAGR | 4.6% | 4.6% | N/A | 7.4% |
| Avg Rent | $981 | $981 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44855 (North Fairfield, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $188,408 |
| Monthly Rent | $981 |
| Price-to-Rent | 16.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +6.6% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +5.8% ▲ |
🏠 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 (4.1%). 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 44855
Population: 1,175
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How strong are rents in North Fairfield, OH?
The typical rental in North Fairfield, OH commands about $981/mo monthly. That rent profile stable cash flow against the $188K purchase basis.
What is the best play in North Fairfield, OH?
For North Fairfield, OH, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What kind of market is North Fairfield, OH for investors?
Our data puts North Fairfield, OH at 3.0/5 for investability. Home prices of $188K and rents around $981/mo create a solid backdrop for investor activity.
What are vacancy rates like in North Fairfield, OH?
North Fairfield, OH sees elevated vacancy, which is reasonable relative to the broader OH rental market.
How viable is house hacking in North Fairfield, OH?
The house hack math a challenging in North Fairfield, OH. Owner-occupant buyers benefit from the $981/mo rents and $188K home values.
You know 44855 now. You don’t know where it ranks.
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How 44855 ranks in Norwalk, OH
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