Real Estate Investing in Christiansburg, Ohio (45389)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45389 (Christiansburg, 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.
- High vacancy: 16.4% of homes vacant — above national norms.
• 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 Christiansburg, OH (45389)?
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Market Analysis: 45389 Christiansburg
Not every below-median market is a bargain. Christiansburg's 45389 ZIP stands at signals that favor experienced operators who can absorb the risk $157K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 45389 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Regionally, 45389 sits on the difficult end of the OH spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
From a cash-flow lens, 701 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.
Strategy in 45389 is an operator game, not a passive one. On balance, entry prices of $157K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Christiansburg:
Market Trends
Home Value History (with trend line)
📊 How Does 45389 Compare?
| Metric | 45389 | Christiansburg | Urbana, OH | Ohio |
|---|---|---|---|---|
| Home Value | $156,955 | $156,955 | N/A | $237,530 |
| 5-Year CAGR | 5.3% | 5.3% | N/A | 7.4% |
| Avg Rent | $954 | $954 | N/A | - |
| Cap Rate | 4.7% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 45389 (Christiansburg, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $156,955 |
| Monthly Rent | $954 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.7% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +8.9% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +9.2% ▲ |
🏠 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 45389
Population: 701
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 45389
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Miami East Junior High School
Miami East Elementary
Miami East High 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 1,742 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Christiansburg, OH?
Homes in Christiansburg, OH typically sell near $157K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
What is the best play in Christiansburg, OH?
Christiansburg, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($157K prices, $954/mo rents) make it a reasonable choice.
What is the typical rental rate in Christiansburg, OH?
The typical rental in Christiansburg, OH commands about $954/mo monthly. That rent profile predictable cash flow against the $157K purchase basis.
Can owner-occupants cash flow in Christiansburg, OH?
Christiansburg, OH offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $954/mo rent level.
What is the tenant pool like in Christiansburg, OH?
The tenant pool in Christiansburg, OH is solid, supported by local employment and population fundamentals. Rents of $954/mo are well-absorbed by the market.
You know 45389 now. You don’t know where it ranks.
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How 45389 ranks in Urbana, OH
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