Real Estate Investing in Mansfield, Ohio (44902)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44902 (Mansfield, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 22.3% of homes vacant — above national norms.
- Elevated poverty: 41.7% poverty rate — can affect rent collection.
- Lower household income: $31,820 median — tenant affordability is tighter.
What’s happening in Mansfield, OH (44902)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44902 Mansfield
The 44902 ZIP clocks in at an resilient value-add profile — below-median pricing at $72K, a renter base of 65%, and room for operational improvement.
Flippers and value-add operators have treated 44902 as a working ZIP for a reason. Entry prices around $72K and a deep rental base of 65% renters underpin the exit strategy on both the sale and rent sides.
Regionally, 44902 sits on the affordable end of the Richland County map. In practical terms, the absolute numbers are modest, the spread between acquisition price and post-rehab value is wider than in turnkey ZIPs.
A renter-heavy, wage-earner demographic anchors 44902. Value-add players rely on that mix — the 65% share is both the tenant source and the buyer pool for future owner-occupied exits.
The resilient opportunity in 44902 is buying the worst house on the block, fixing it, and renting it at the top of the local band. That is the strategy, repeated.
Here's what matters if you're considering buying a home in Mansfield:
Property Strategy for 44902
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $58,152 | $1,000 | 12.4% | +14.6% | $29,076 |
| 3BR | $65,873 | $1,350 | 14.8% | +12.5% | $21,958 |
| 4BR | $76,058 | $1,570 | 14.9% | +10.4% | $19,015 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44902 Compare?
| Metric | 44902 | Mansfield | Mansfield, OH | Ohio |
|---|---|---|---|---|
| Home Value | $72,050 | $113,782 | N/A | $237,530 |
| 5-Year CAGR | 9.3% | 8.3% | N/A | 7.4% |
| Avg Rent | $874 | $880 | N/A | - |
| Cap Rate | 9.5% | 5.0% | - | - |
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 44902 (Mansfield, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 44902 (Mansfield, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $72,050 |
| Monthly Rent | $874 |
| Price-to-Rent | 6.9:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 14.6% |
| Cap Rate | 9.5% |
| 5-Year IRR | 18.7% |
📈 Home Appreciation
| 1-Year | +16.0% ▲ |
| 3-Year CAGR | +12.2% ▲ |
| 5-Year CAGR | +9.3% ▲ |
| 10-Year CAGR | +12.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (9.5%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 44902
Population: 4,876
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 44902
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Mansfield Spanish Immersion School
Malabar Intermediate School
Woodland Elementary School
Madison Middle School
Madison South Elementary School
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 508 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is BRRRR a fit for Mansfield, OH?
BRRRR in Mansfield, OH is a strong. The interplay of $72K values and $874/mo rents creates reasonable refinance conditions.
Does the 1% rule work in Mansfield, OH?
The median property in Mansfield, OH ($72K at $874/mo rent) a 1.21% rent-to-price figure. Pure 1% deals require disciplined offer pricing.
How expensive is real estate in Mansfield, OH?
Mansfield, OH home values average about $72K. That price point suits investors targeting rentals with $874/mo in monthly income.
Is Mansfield, OH a good market for buy-and-hold investors?
Mansfield, OH stands at an investability rating of 5.0/5, with median home values near $72K and average rents around $874/mo. That combination puts it in the solid tier for investor interest.
What real estate strategy is ideal for Mansfield, OH?
In Mansfield, OH the solid play is typically value-add and BRRRR deals. The combination of $72K prices and $874/mo rents suits that approach.
You know 44902 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44902 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 44902 ranks in Mansfield, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 44902 (Mansfield)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 44902 (Mansfield, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.