Real Estate Investing in Englewood, Ohio (45315)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45315 (Englewood, 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 Englewood, OH (45315)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45315 Englewood
On the rental side, ZIP 45315 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $293K median. It rewards specialists, not generalists.
Rent of $1,665/mo on a $293K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 45315 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Englewood have seen price recovery that 45315 has not matched. Montgomery County data supports the view that the spread is structural rather than temporary.
From a cash-flow lens, 4,804 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.
seems to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Englewood:
Property Strategy for 45315
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $183,277 | $1,200 | 4.7% | +7.9% | $91,639 |
| 3BR | $263,196 | $1,560 | 4.3% | +7.6% | $87,732 |
| 4BR | $325,973 | $1,710 | 3.8% | +7.3% | $81,493 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 45315 Compare?
| Metric | 45315 | Englewood | Dayton-Kettering, OH | Ohio |
|---|---|---|---|---|
| Home Value | $292,841 | $261,628 | N/A | $237,530 |
| 5-Year CAGR | 6.8% | 6.7% | N/A | 7.4% |
| Avg Rent | $1,665 | $1,537 | N/A | - |
| Cap Rate | 4.4% | 4.6% | - | - |
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 45315 (Englewood, OH). Anonymous, moderated, never written by AI.
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Property managers serving Montgomery County
Manage rentals here? List your business →Associa RPM provides comprehensive HOA and condominium management services in the greater Columbus, Dublin, Cincinnati, and Dayton areas of Ohio. summary from their website
Eclipse Community Management offers HOA & Condo Management services in Ohio & Kentucky. summary from their website
Frost Property Management offers deluxe, experienced property management services in South Florida for single families, residential condos, multifamilies, and commercial spaces. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $292,841 |
| Monthly Rent | $1,665 |
| Price-to-Rent | 14.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.8% |
| Cap Rate | 4.4% |
| 5-Year IRR | 11.2% |
📈 Home Appreciation
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (4.4%). 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 45315
Population: 4,804
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 45315
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Northmoor Elementary School
Englewood Hills Elementary School
Union 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 5,386 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are renters plentiful in Englewood, OH?
Englewood, OH draws a reliable base of working renters. Demand at the $1,665/mo rent level is reasonable for standard single-family and small multi rentals.
Is OH a landlord-friendly state?
The landlord environment in Englewood, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What approach is best for Englewood, OH real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Englewood, OH. The numbers - $293K homes against $1,665/mo rents - support that play.
Does a duplex house hack pencil in Englewood, OH?
For house hackers, Englewood, OH is a challenging. The $1,665/mo rent on a unit helps defray the mortgage on a $293K property.
What price range are homes in Englewood, OH?
The median home value in Englewood, OH is roughly $293K. That puts it reasonable relative to the OH statewide average.
You know 45315 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 45315 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 45315 ranks in Dayton-Kettering, OH
Every ZIP in this metro, ranked. Free.
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