Real Estate Investing in Dayton, Ohio (45414)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45414 (Dayton, 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 Dayton, OH (45414)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45414 Dayton
ZIP 45414 in Dayton, OH carries a durable set of headwinds. Home values near $187K and rents of $1,521/mo sit inside a market where underwriting has to be tight.
Meanwhile, the numbers look inviting — $187K purchase price, 0.0% nominal cap — the work to hit that pro forma in 45414 is substantial and deserves full respect.
Statewide comparisons place 45414 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 45414 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 45414 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Dayton:
Property Strategy for 45414
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $98,408 | $1,170 | 8.6% | +11.4% | $49,204 |
| 3BR | $178,937 | $1,520 | 6.1% | +8.7% | $59,646 |
| 4BR | $320,557 | $1,670 | 3.8% | +7.5% | $80,139 |
| 5BR | $422,882 | — | — | +6.8% | $84,576 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 45414 Compare?
| Metric | 45414 | Dayton | Dayton-Kettering, OH | Ohio |
|---|---|---|---|---|
| Home Value | $186,805 | $85,537 | N/A | $237,530 |
| 5-Year CAGR | 6.7% | 5.6% | N/A | 7.4% |
| Avg Rent | $1,521 | $1,244 | N/A | - |
| Cap Rate | 6.4% | 8.7% | - | - |
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 45414 (Dayton, 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 | $186,805 |
| Monthly Rent | $1,521 |
| Price-to-Rent | 10.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.8% |
| Cap Rate | 6.4% |
| 5-Year IRR | 13.0% |
📈 Home Appreciation
| 1-Year | +8.0% ▲ |
| 3-Year CAGR | +6.9% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +8.5% ▲ |
🏠 Rent Trends
| 1-Year | -5.8% ▼ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.4%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 45414
Population: 20,479
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 45414
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Summit Academy Transition High School Dayton
Charity Adams Earley Girls Academy
Northwood Elementary School
Horizon Science Academy Dayton High School
North Dayton School of Discovery
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
How does Dayton, OH stack up for property investment?
Yes - Dayton, OH a 3.0/5 investability score. With $187K home prices against $1,521/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is it easy to find good tenants in Dayton, OH?
Tenant demand in Dayton, OH is solid. The local workforce $1,521/mo rents across most rental classes.
How quickly do rentals get leased in Dayton, OH?
Dayton, OH carries elevated vacancy risk. Expect consistent absorption at market rents of $1,521/mo.
Is rental property easy to operate in Dayton, OH?
The landlord environment in Dayton, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What are rental rates like in Dayton, OH?
Average rent in Dayton, OH is approximately $1,521/mo per month. Against $187K home values that yields a reasonable rent-to-price ratio.
You know 45414 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 45414 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 45414 ranks in Dayton-Kettering, OH
Every ZIP in this metro, ranked. Free.
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