Real Estate Investing in Mason, Ohio (45040)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45040 (Mason, 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.
No major risk flags on the data we track.
What’s happening in Mason, OH (45040)?
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Market Analysis: 45040 Mason
The 45040 ZIP covers a section of Mason that demands careful diligence. Prices near $507K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $507K asset, 45040 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 45040 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Put differently, 58,132 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. sturdy returns are possible in 45040, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Mason:
Property Strategy for 45040
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $277,677 | $2,030 | 5.3% | +8.6% | $138,839 |
| 3BR | $351,686 | $2,680 | 5.5% | +8.5% | $117,229 |
| 4BR | $607,926 | $2,960 | 3.5% | +9.1% | $151,981 |
| 5BR | $859,632 | — | — | +8.4% | $171,926 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 45040 Compare?
| Metric | 45040 | Mason | Cincinnati, OH-KY-IN | Ohio |
|---|---|---|---|---|
| Home Value | $506,928 | $506,928 | N/A | $237,530 |
| 5-Year CAGR | 6.1% | 6.1% | N/A | 7.4% |
| Avg Rent | $2,119 | $2,119 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 45040 (Mason, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $506,928 |
| Monthly Rent | $2,119 |
| Price-to-Rent | 19.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +3.6% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 Rent Trends
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +5.6% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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 45040
Population: 58,132
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 45040
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 does Mason, OH rate as a rental market?
Mason, OH rates 3.0/5 for investability. With median values at $507K and rents near $2,119/mo, the market offers reasonable fundamentals for rental investors.
Is Mason, OH a friendly market for rental owners?
For rental operators, Mason, OH rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
Where do rents currently stand in Mason, OH?
Investors in Mason, OH typically see rents near $2,119/mo per month against $507K home values - a solid setup for rental cash flow.
Are renters plentiful in Mason, OH?
Mason, OH draws a steady base of working renters. Demand at the $2,119/mo rent level is reasonable for standard single-family and small multi rentals.
Do landlords face vacancy issues in Mason, OH?
Expect elevated vacancy in Mason, OH. Rents at $2,119/mo are absorbed by the tenant base without meaningful lag.
You know 45040 now. You don’t know where it ranks.
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How 45040 ranks in Cincinnati, OH-KY-IN
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