Real Estate Investing in Crestline, Ohio (44827)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44827 (Crestline, 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.
- Elevated vacancy: 11.8% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Crestline, OH (44827)?
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Market Analysis: 44827 Crestline
This part of Crawford County is not an easy win. The 44827 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $882/mo on a $161K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 44827 sits below the stated 0.0% once reality is priced in.
The gap between 44827 and stronger Crestline ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Employment concentration in 44827 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The right play in 44827 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 Crestline:
Property Strategy for 44827
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $115,555 | $980 | 6.1% | +10.4% | $57,777 |
| 3BR | $160,165 | $1,300 | 5.8% | +8.4% | $53,388 |
| 4BR | $185,387 | $1,320 | 5.1% | +7.2% | $46,347 |
Market Trends
Home Value History (with trend line)
📊 How Does 44827 Compare?
| Metric | 44827 | Crestline | Bucyrus-Galion, OH | Ohio |
|---|---|---|---|---|
| Home Value | $161,390 | $161,390 | N/A | $237,530 |
| 5-Year CAGR | 7.2% | 7.2% | N/A | 7.4% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44827 (Crestline, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $161,390 |
| Monthly Rent | $882 |
| Price-to-Rent | 15.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.6% |
| Cap Rate | 4.3% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +9.7% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 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 (4.3%). 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 44827
Population: 7,009
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 44827
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 tight is the rental market in Crestline, OH?
Crestline, OH carries elevated vacancy risk. Expect measured absorption at market rents of $882/mo.
Is rental property easy to operate in Crestline, OH?
The landlord environment in Crestline, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What type of investing works in Crestline, OH?
Investors usually favor careful cash-flow rentals with hands-on management in Crestline, OH. With home values at $161K and rents near $882/mo, other strategies can work but produce even-keeled rather than outsized returns.
Can I live-in-and-rent in Crestline, OH?
The house hack math a challenging in Crestline, OH. Owner-occupant buyers benefit from the $882/mo rents and $161K home values.
How deep is the rental pool in Crestline, OH?
Expect a solid tenant pool in Crestline, OH. The rental market absorbs $882/mo rents without meaningful friction.
You know 44827 now. You don’t know where it ranks.
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