Real Estate Investing in Hollansburg, Ohio (45332)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Darke County • Population: 602 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 45332 (Hollansburg, OH)? Our answer, based on the numbers below.

🏠 For Homebuyers
GREAT FIT
Grade A (85/100)

Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Hollansburg, OH (45332)?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Overall investment appeal

4.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $146,498
Avg Monthly Rent $909
1% Rule ✗ Does Not Meet
Median Income $48,462
% Renters 16.8%

Market Analysis: 45332 Hollansburg

Not every below-median market is a bargain. Hollansburg's 45332 ZIP clocks in at signals that favor experienced operators who can absorb the risk $146K pricing implies.

Distressed markets are won on execution, not on spreadsheets. ZIP 45332 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Within OH, ZIP 45332 trails on several market indicators that neighboring Darke County submarkets outperform. The gap is real and substantial enough to shape underwriting.

A substantial renter share of 17% in 45332 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

The 45332 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.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Hollansburg:

B Good
Buy Confidence Score: 73/100
Affordability
20/25
Appreciation
25/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Affordable
Homes cost 3× the median income
Value Trend
Rising (+18.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $909/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Greenville, OH Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
13.2%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Greenville, OH metro data

Market Trends

Home Value History (with trend line)

$154K$134K$115K$95K$75K$55KJun 2006Jul 2016Jul 2026

📊 How Does 45332 Compare?

Metric 45332 Hollansburg Greenville, OH Ohio
Home Value $146,498 $146,498 N/A $237,530
5-Year CAGR 8.1% 8.1% N/A 7.4%
Avg Rent $909 $909 N/A -
Cap Rate 4.8% 4.8% - -
💡 Why Invest in 45332? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 45332 (Hollansburg, OH). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 45332 (Hollansburg, OH)?

~25 seconds · no account needed · your report is anonymous

Investability
Good
Cap Rate
4.8%
Fair
5yr Growth
+8.1%
Strong

📉 Market Crash Risk Index

Based on Greenville, OH metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
58%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $146,498
Monthly Rent $909
Price-to-Rent 13.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.5%
Cap Rate 4.8%
5-Year IRR 12.9%

📈 Home Appreciation

1-Year +18.0% ▲
3-Year CAGR +8.8% ▲
5-Year CAGR +8.1% ▲
10-Year CAGR +7.0% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.8%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). 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.

Vacancy
2.2%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+8.1%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 45332

Population: 602

💰 Median Household Income
$48,462
This area
$48,462
State
$68,496
USA
$74,580
🏠 Renter Occupied
16.8%
This area
16.8%
State
25.8%
USA
34.0%
💼 Unemployment Rate
0.8%
This area
0.8%
State
-9.1%
USA
3.7%
🎓 College Educated
16.8%
This area
16.8%
State
8.4%
USA
33.7%
👤 Median Age
29.5 years
This area
29.5 years
State
19.6 years
USA
38.9 years
🏚️ Vacancy Rate
2.2%
This area
2.2%
State
11.1%
USA
10.5%
👥 Population by Ethnicity
White 90.8%
Other/Mixed 9.2%
Hispanic/Latino 3.5%
👶 Under 18
26.5%
This area
26.5%
USA
22.0%
👴 65 and Over
28.2%
This area
28.2%
USA
17.3%
📊 Poverty Rate
12.1%
This area
12.1%
USA
11.5%

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

🎓 Nearby Colleges & Universities

4 Nearby 1,552 Off-Campus Students
C
Indiana University-East
2,985 students · 10.3 mi
C
PJ's College of Cosmetology-Richmond
71 students · 11.9 mi
C
Bethany Theological Seminary
66 students · 13.6 mi
C+
Earlham College
696 students · 13.9 mi

Investor Insight: With 1,552 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the typical home price in Hollansburg, OH?

Hollansburg, OH home values average about $146K. That price point suits investors targeting rentals with $909/mo in monthly income.

How strong is the working-renter base in Hollansburg, OH?

Working renters make up the core of the Hollansburg, OH tenant base. The pool is reasonable for investors targeting long-term holds.

How does Hollansburg, OH rate as a rental market?

Yes - Hollansburg, OH a 3.0/5 investability score. With $146K home prices against $909/mo monthly rent, the market delivers a reasonable entry point for new investors.

Can I house hack in Hollansburg, OH?

The a challenging house-hack environment in Hollansburg, OH reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

What is it like being a landlord in Hollansburg, OH?

Hollansburg, OH operates under OH law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.

You know 45332 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 45332 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.

Compare Plans

How 45332 ranks in Greenville, OH

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
🤖

AI Market Advisor

Ask questions about investing in 45332 (Hollansburg)

Loading...

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate 45332 (Hollansburg, OH).

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.