Real Estate Investing in Oakwood, Ohio (45419)

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

Montgomery County • Population: 16,583 • Data updated: September 2026

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Should you buy in 45419 (Oakwood, OH)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (76/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Oakwood, OH (45419)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $283,788
Avg Monthly Rent $1,401
1% Rule ✗ Does Not Meet
Median Income $82,183
% Renters 33.8%

Market Analysis: 45419 Oakwood

ZIP 45419 inside Montgomery County looks affordable on the surface — median value of $284K — but the discount exists for reasons that a careful buyer should understand before committing.

The 45419 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.

In the broader OH picture, 45419 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

A solid renter share of 34% in 45419 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.

The 45419 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 Oakwood:

B Good
Buy Confidence Score: 76/100
Affordability
20/25
Appreciation
22/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.5× the median income
Value Trend
Rising (+5.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,401/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Dayton-Kettering, OH Metro Area
Even conditions for buyers and sellers
28 days
Average time to sell
Fast
14.6%
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 Dayton-Kettering, OH metro data
🏠

Property Strategy for 45419

Which property type performs best in this market?

Best for Cash Flow
2BR
4.6% cap rate
Best for Appreciation
2BR
+8.3% 5yr CAGR
Best Overall Value
3BR
$86,621/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $191,272 $1,210 4.6% +8.3% $95,636
3BR $259,864 $1,570 4.3% +7.4% $86,621
4BR $451,216 $1,730 2.8% +6.8% $112,804
5BR $731,500 +7.9% $146,300

Market Trends

Home Value History (with trend line)

$301K$264K$228K$191K$154K$117KJun 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,558$1,465$1,372$1,278$1,185$1,092Jan 2024May 2025Jul 2026

📊 How Does 45419 Compare?

Metric 45419 Oakwood Dayton-Kettering, OH Ohio
Home Value $283,788 $229,659 N/A $237,530
5-Year CAGR 5.7% 5.9% N/A 7.4%
Avg Rent $1,401 $1,236 N/A -
Cap Rate 3.9% 4.3% - -
💡 Why Invest in 45419? 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 →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 45419 (Oakwood, 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

HOA
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Eclipse Community Management offers HOA & Condo Management services in Ohio & Kentucky. summary from their website

HOA
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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

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.9%
Low
5yr Growth
+5.7%
Moderate

📊 Market Snapshot

Home Value $283,788
Monthly Rent $1,401
Price-to-Rent 16.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.9%
Cap Rate 3.9%
5-Year IRR 9.5%

📈 Home Appreciation

1-Year +5.2% ▲
3-Year CAGR +5.2% ▲
5-Year CAGR +5.7% ▲
10-Year CAGR +6.7% ▲

🏠 Rent Trends

1-Year +13.1% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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
4.5%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 45419

Population: 16,583

💰 Median Household Income
$82,183
This area
$82,183
State
$68,496
USA
$74,580
🏠 Renter Occupied
33.8%
This area
33.8%
State
25.8%
USA
34.0%
💼 Unemployment Rate
2.4%
This area
2.4%
State
-9.1%
USA
3.7%
🎓 College Educated
56.3%
This area
56.3%
State
8.4%
USA
33.7%
👤 Median Age
35.6 years
This area
35.6 years
State
19.6 years
USA
38.9 years
🏚️ Vacancy Rate
4.5%
This area
4.5%
State
11.1%
USA
10.5%
👥 Population by Ethnicity
White 88.5%
Other/Mixed 6.3%
Asian 3.3%
Hispanic/Latino 2.3%
Black/African American 1.9%
👶 Under 18
25.7%
This area
25.7%
USA
22.0%
👴 65 and Over
11.4%
This area
11.4%
USA
17.3%
📊 Poverty Rate
5.0%
This area
5.0%
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

🎓 Schools in 45419

A Avg School Grade
7 Schools
15.9:1 Avg Class Size
$18,459 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Oakwood Junior High School

📚 07 – 08 Middle
👥
305 Students
👨‍🏫
11.7:1 Class Size
💰
$18,261 Per Student
A Very Good

Horace Mann Elementary School

📚 Pre-K – 06 School
👥
385 Students
👨‍🏫
17.5:1 Class Size
💰
$22,782 Per Student
A Very Good

Harman Elementary School

📚 01 – 06 School
👥
428 Students
👨‍🏫
15.9:1 Class Size
💰
$18,261 Per Student
A Very Good

Orchard Park Elementary School

📚 K – 05 Elementary
👥
308 Students
👨‍🏫
14.0:1 Class Size
💰
$16,695 Per Student
A Very Good

Smith Elementary School

📚 01 – 06 School
👥
514 Students
👨‍🏫
16.3:1 Class Size
💰
$18,261 Per Student
B+ Above Average

Beavertown Elementary School

📚 Pre-K – 05 Elementary
👥
357 Students
👨‍🏫
17.3:1 Class Size
💰
$16,695 Per Student
B+ Above Average

Oakwood High School

📚 09 – 12 High School
👥
668 Students
👨‍🏫
19.0:1 Class Size
💰
$18,261 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Cleveland Elementary School

📚 Pre-K – 06 School
📍 1102 Pursell Ave, Dayton
👥
355 Students
👨‍🏫
14.2:1 Class Size
💰
$22,782 Per Student
A+ Excellent

Ruskin Elementary School

📚 Pre-K – 06 School
📍 407 Ambrose Ct, Dayton
👥
552 Students
👨‍🏫
14.9:1 Class Size
💰
$22,782 Per Student
A+ Excellent

Dayton Early College Academy Inc

📚 09 – 12 High School Charter
📍 1529 Brown St, Dayton
👥
343 Students
👨‍🏫
14.3:1 Class Size
💰
$25,513 Per Student
A Very Good

Van Buren Middle School

📚 06 – 08 Middle
📍 3775 Shroyer Rd, Kettering
👥
607 Students
👨‍🏫
14.5:1 Class Size
💰
$16,695 Per Student
A Very Good

Julian & Marjorie Lange School Elementary School

📚 Grade KG Elementary
📍 219 W Dorothy Ln, Dayton
👥
115 Students
👨‍🏫
14.7:1 Class Size
💰
$18,261 Per Student
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

8 Nearby 5,386 Off-Campus Students
B
University of Dayton
11,304 students · 1.8 mi
C+
Kettering College
812 students · 1.9 mi
D
Dayton School of Medical Massage
425 students · 2.2 mi
C
Ohio Medical Career College
121 students · 2.4 mi
D
The Modern College of Design
189 students · 2.9 mi
C+
Sinclair Community College
17,431 students · 3.5 mi
C
International College of Broadcasting
44 students · 3.8 mi
D
Fortis College-Centerville
460 students · 5.0 mi

Investor Insight: With 5,386 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Where do home prices stand in Oakwood, OH?

Median home price in Oakwood, OH is near $284K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.

Is Oakwood in OH worth investing in?

Oakwood, OH registers an investability rating of 3.0/5, with median home values near $284K and average rents around $1,401/mo. That combination puts it in the substantial tier for investor interest.

How strict are landlord regulations in Oakwood, OH?

Landlord-friendliness in Oakwood, OH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Is Oakwood, OH a good market for FHA house hackers?

House hacking in Oakwood, OH is reasonable to execute. Prices around $284K and rents of $1,401/mo solid owner-occupant economics.

How qualified is the tenant pool in Oakwood, OH?

Tenant demand in Oakwood, OH is solid. The local workforce $1,401/mo rents across most rental classes.

You know 45419 now. You don’t know where it ranks.

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How 45419 ranks in Dayton-Kettering, OH

Every ZIP in this metro, ranked. Free.

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