Real Estate Investing in Fairborn, Ohio (45324)
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Should you buy in 45324 (Fairborn, 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 Fairborn, OH (45324)?
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Market Analysis: 45324 Fairborn
The 45324 ZIP in Fairborn, OH is a local-operator market. Outside capital chasing a $210K entry has to pair deep knowledge with the discount.
For an experienced owner, 45324 can be a a strong candidate for hunting ground — but the discount at $210K reflects genuine risk that outside investors often underestimate.
The gap between 45324 and stronger Fairborn ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 45324 ZIP's population of 41,273 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reflects the need for careful underwriting.
The 45324 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.
Here's what matters if you're considering buying a home in Fairborn:
Property Strategy for 45324
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $89,246 | $1,050 | 8.5% | — | $89,246 |
| 2BR | $143,427 | $1,330 | 6.7% | +8.5% | $71,713 |
| 3BR | $190,971 | $1,720 | 6.5% | +6.9% | $63,657 |
| 4BR | $289,910 | $1,890 | 4.7% | +6.8% | $72,477 |
| 5BR | $362,665 | — | — | +6.6% | $72,533 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 45324 Compare?
| Metric | 45324 | Fairborn | Dayton-Kettering, OH | Ohio |
|---|---|---|---|---|
| Home Value | $210,298 | $210,298 | N/A | $237,530 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 7.4% |
| Avg Rent | $1,525 | $1,525 | N/A | - |
| Cap Rate | 5.7% | 5.7% | - | - |
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 45324 (Fairborn, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $210,298 |
| Monthly Rent | $1,525 |
| Price-to-Rent | 11.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.7% |
| Cap Rate | 5.7% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +8.9% ▲ |
| 3-Year CAGR | +5.2% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | +11.8% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +8.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.7%). 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 45324
Population: 41,273
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 45324
Schools in This ZIP Code
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 1,235 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is real estate in Fairborn, OH a good investment right now?
Our data puts Fairborn, OH at 3.0/5 for investability. Home prices of $210K and rents around $1,525/mo create a solid backdrop for investor activity.
Where do rents currently stand in Fairborn, OH?
Rent in Fairborn, OH is around $1,525/mo. The resulting rent-to-value relationship with $210K pricing is reasonable for most investor models.
Which real estate strategy fits Fairborn, OH?
Fairborn, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($210K prices, $1,525/mo rents) make it a reasonable choice.
Can I house hack in Fairborn, OH?
The house hack math a challenging in Fairborn, OH. Owner-occupant buyers benefit from the $1,525/mo rents and $210K home values.
What are vacancy rates like in Fairborn, OH?
Vacancy risk in Fairborn, OH is elevated. That supports steady cash flow for typical rental holds.
You know 45324 now. You don’t know where it ranks.
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How 45324 ranks in Dayton-Kettering, OH
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