Real Estate Investing in Mansfield, Ohio (44905)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44905 (Mansfield, OH)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
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 Mansfield, OH (44905)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44905 Mansfield
ZIP 44905 inside Richland County looks affordable on the surface — median value of $157K — but the discount exists for reasons that a careful buyer should understand before committing.
The 44905 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within OH, ZIP 44905 trails on several market indicators that neighboring Richland County submarkets outperform. The gap is real and significant enough to shape underwriting.
The demographic picture in 44905 includes headwinds that any investor should price in. Income distribution skews lower than Mansfield averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 44905 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Mansfield:
Property Strategy for 44905
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $109,921 | $1,050 | 6.9% | +10.8% | $54,960 |
| 3BR | $163,648 | $1,420 | 6.2% | +10.0% | $54,549 |
| 4BR | $197,732 | $1,650 | 6.0% | +9.8% | $49,433 |
Market Trends
Home Value History (with trend line)
📊 How Does 44905 Compare?
| Metric | 44905 | Mansfield | Mansfield, OH | Ohio |
|---|---|---|---|---|
| Home Value | $157,330 | $113,782 | N/A | $237,530 |
| 5-Year CAGR | 7.9% | 8.3% | N/A | 7.4% |
| Avg Rent | $945 | $880 | N/A | - |
| Cap Rate | 4.7% | 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 44905 (Mansfield, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $157,330 |
| Monthly Rent | $945 |
| Price-to-Rent | 13.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 12.6% |
📈 Home Appreciation
| 1-Year | +8.2% ▲ |
| 3-Year CAGR | +8.4% ▲ |
| 5-Year CAGR | +7.9% ▲ |
| 10-Year CAGR | +9.7% ▲ |
🏠 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 (4.7%). 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 44905
Population: 16,254
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 44905
Schools in This ZIP Code
Nearby Schools (1 more)
Schools in adjacent ZIP codes that may serve this area
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
Which investment style suits Mansfield, OH?
A careful cash-flow rentals with hands-on management strategy Mansfield, OH best. The market produces measured results for that approach at the $157K price point.
What is the typical vacancy rate in Mansfield, OH?
Mansfield, OH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How much is rent in Mansfield, OH?
Rents in Mansfield, OH run near $945/mo. Compared with median home prices of $157K that produces solid gross yields for typical rentals.
Where do home prices stand in Mansfield, OH?
Mansfield, OH home values average about $157K. That price point suits investors targeting rentals with $945/mo in monthly income.
What is the renter demographic in Mansfield, OH?
Mansfield, OH offers a reliable renter base at the $945/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 44905 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44905 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 44905 ranks in Mansfield, OH
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