Real Estate Investing in Mansfield, Ohio (44903)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44903 (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.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.5% vacancy may signal weakening demand.
What’s happening in Mansfield, OH (44903)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44903 Mansfield
Not every below-median market is a bargain. Mansfield's 44903 ZIP sits at signals that favor experienced operators who can absorb the risk $214K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 44903 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 44903 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 44903 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 44903 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Mansfield:
Property Strategy for 44903
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $130,671 | $1,070 | 5.9% | +10.4% | $65,335 |
| 3BR | $203,248 | $1,350 | 4.8% | +9.0% | $67,749 |
| 4BR | $279,760 | $1,570 | 4.0% | +8.9% | $69,940 |
| 5BR | $378,152 | — | — | +8.5% | $75,630 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44903 Compare?
| Metric | 44903 | Mansfield | Mansfield, OH | Ohio |
|---|---|---|---|---|
| Home Value | $214,359 | $113,782 | N/A | $237,530 |
| 5-Year CAGR | 7.6% | 8.3% | N/A | 7.4% |
| Avg Rent | $771 | $880 | N/A | - |
| Cap Rate | 2.8% | 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 44903 (Mansfield, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $214,359 |
| Monthly Rent | $771 |
| Price-to-Rent | 23.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +9.3% ▲ |
| 3-Year CAGR | +7.8% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 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 (2.8%). 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 44903
Population: 26,804
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 44903
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Mansfield Middle School
Mansfield Senior High School
Springmill STEM Elementary
Sherman Elementary School
Tyger Digital Academy
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 Mansfield, OH a good place for real estate investing?
Mansfield, OH scores 3.0/5 for investability. Home values sit at $214K and rents near $771/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What monthly rent should investors expect in Mansfield, OH?
Expect rents around $771/mo per month in Mansfield, OH. With home values at $214K, the yield math works out to reasonable levels for rental investors.
Is Mansfield, OH landlord-friendly?
Mansfield, OH operates under OH law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
How viable is house hacking in Mansfield, OH?
House hacking works a challenging in Mansfield, OH. Rents of $771/mo against $214K acquisition make the strategy solid for owner-occupants.
Should investors worry about vacancy in Mansfield, OH?
Rental vacancy in Mansfield, OH is elevated. Investors should budget normal turnover but not chronic empty units.
You know 44903 now. You don’t know where it ranks.
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How 44903 ranks in Mansfield, OH
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