Real Estate Investing in Dayton, Ohio (45459)
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Should you buy in 45459 (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 (45459)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45459 Dayton
The 45459 ZIP covers a section of Dayton that demands careful diligence. Prices near $340K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 45459 shows the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Nearby ZIPs in Dayton have seen price recovery that 45459 has not matched. Montgomery County data supports the view that the spread is structural rather than temporary.
Employment concentration in 45459 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. solid returns are possible in 45459, 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 Dayton:
Property Strategy for 45459
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $102,160 | $1,180 | 8.3% | +11.5% | $102,160 |
| 2BR | $185,092 | $1,490 | 5.8% | +7.6% | $92,546 |
| 3BR | $315,061 | $1,930 | 4.4% | +7.2% | $105,020 |
| 4BR | $399,402 | $2,130 | 3.8% | +6.8% | $99,850 |
| 5BR | $475,758 | — | — | +7.1% | $95,152 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 45459 Compare?
| Metric | 45459 | Dayton | Dayton-Kettering, OH | Ohio |
|---|---|---|---|---|
| Home Value | $339,554 | $85,537 | N/A | $237,530 |
| 5-Year CAGR | 5.7% | 5.6% | N/A | 7.4% |
| Avg Rent | $1,570 | $1,244 | N/A | - |
| Cap Rate | 3.6% | 8.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 45459 (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 | $339,554 |
| Monthly Rent | $1,570 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | -9.7% ▼ |
| 3-Year CAGR | -1.3% ▼ |
| 5-Year CAGR | +3.0% ▲ |
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 45459
Population: 28,454
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 45459
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Van Buren Middle School
Julian & Marjorie Lange School Elementary School
Driscoll Elementary School
Oakview Elementary School
Kettering Fairmont 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
Frequently Asked Questions
How much should I expect to pay for a home in Dayton, OH?
Typical homes in Dayton, OH go for around $340K. The 5-year CAGR of 0.0% reliable price movement.
What is the typical renter like in Dayton, OH?
Tenant quality in Dayton, OH ranks as solid. Landlords generally report steady occupancy at market rents of $1,570/mo.
Is Dayton, OH a smart market for rental property?
With a 3.0/5 investability score, Dayton, OH ranks as a solid market for rental property investors. Median prices of $340K and rents of $1,570/mo drive the underlying numbers.
Can owner-occupants cash flow in Dayton, OH?
Dayton, OH offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,570/mo rent level.
Is rental property easy to operate in Dayton, OH?
Landlord-friendliness in Dayton, OH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 45459 now. You don’t know where it ranks.
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How 45459 ranks in Dayton-Kettering, OH
Every ZIP in this metro, ranked. Free.
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