Real Estate Investing in Kettering, Ohio (45440)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45440 (Kettering, 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 Kettering, OH (45440)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45440 Kettering
ZIP 45440 inside Greene County looks affordable on the surface — median value of $322K — but the discount exists for reasons that a careful buyer should understand before committing.
The 45440 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 45440's metrics run below Greene County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 45440 includes headwinds that any investor should price in. Income distribution skews lower than Kettering averages, and tenant stability requires active management.
Distressed ZIPs reward experience. resilient returns are possible in 45440, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Kettering:
Property Strategy for 45440
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $177,736 | $1,390 | 5.6% | +7.7% | $88,868 |
| 3BR | $290,217 | $1,800 | 4.5% | +7.1% | $96,739 |
| 4BR | $370,554 | $1,980 | 3.8% | +6.4% | $92,639 |
| 5BR | $538,874 | — | — | +6.7% | $107,775 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 45440 Compare?
| Metric | 45440 | Kettering | Dayton-Kettering, OH | Ohio |
|---|---|---|---|---|
| Home Value | $321,944 | $256,876 | N/A | $237,530 |
| 5-Year CAGR | 5.3% | 5.9% | N/A | 7.4% |
| Avg Rent | $1,481 | $1,418 | N/A | - |
| Cap Rate | 3.6% | 4.6% | - | - |
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 45440 (Kettering, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $321,944 |
| Monthly Rent | $1,481 |
| Price-to-Rent | 18.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | +0.3% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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 45440
Population: 22,730
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 45440
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Fairbrook Elementary School
Herman K Ankeney Middle School
Bell Creek Intermediate School
Bellbrook Middle School
Stephen Bell Elementary 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
Frequently Asked Questions
Is real estate in Kettering, OH a good investment right now?
Kettering, OH scores 3.0/5 for investability. Home values sit at $322K and rents near $1,481/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How much do tenants pay in Kettering, OH?
Expect rents around $1,481/mo per month in Kettering, OH. With home values at $322K, the yield math works out to reasonable levels for rental investors.
What type of investing works in Kettering, OH?
Investors usually favor careful cash-flow rentals with hands-on management in Kettering, OH. With home values at $322K and rents near $1,481/mo, other strategies can work but produce consistent rather than outsized returns.
What is the typical vacancy rate in Kettering, OH?
Kettering, OH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Is housing expensive in Kettering, OH?
Kettering, OH median home values land near $322K. That is reasonable territory for investors looking at $1,481/mo-per-month rentals.
You know 45440 now. You don’t know where it ranks.
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How 45440 ranks in Dayton-Kettering, OH
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