Real Estate Investing in Bainbridge, Ohio (45612)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45612 (Bainbridge, OH)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 12.8% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bainbridge, OH (45612)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45612 Bainbridge
The 45612 ZIP in Bainbridge, OH is a local-operator market. Outside capital chasing a $177K entry has to pair deep knowledge with the discount.
Put differently, the numbers look inviting — $177K purchase price, 0.0% nominal cap — the work to hit that pro forma in 45612 is substantial and deserves full respect.
The gap between 45612 and stronger Bainbridge ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
On balance, 4,626 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategy in 45612 is an operator game, not a passive one. Put differently, entry prices of $177K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Bainbridge:
Property Strategy for 45612
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $156,288 | $1,040 | 4.8% | +6.6% | $78,144 |
| 3BR | $228,440 | $1,300 | 4.1% | +7.1% | $76,147 |
Market Trends
Home Value History (with trend line)
📊 How Does 45612 Compare?
| Metric | 45612 | Bainbridge | Chillicothe, OH | Ohio |
|---|---|---|---|---|
| Home Value | $176,596 | $176,596 | N/A | $237,530 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 7.4% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
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 45612 (Bainbridge, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 45612 (Bainbridge, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $176,596 |
| Monthly Rent | $936 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +7.4% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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 45612
Population: 4,626
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 45612
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.
Frequently Asked Questions
Does Bainbridge, OH make sense for an investment property?
The 3.0/5 investability rating in Bainbridge, OH reflects its $177K prices and $936/mo rents. Investors generally consider it a solid option within OH.
What is the average home sale price in Bainbridge, OH?
Expect median prices around $177K in Bainbridge, OH. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
What is the rental occupancy rate in Bainbridge, OH?
Occupancy in Bainbridge, OH runs consistent with elevated vacancy. Well-priced units at $936/mo lease on reasonable timelines.
Are eviction rules reasonable in Bainbridge, OH?
For rental operators, Bainbridge, OH rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
What is the average monthly rent in Bainbridge, OH?
Expect rents around $936/mo per month in Bainbridge, OH. With home values at $177K, the yield math works out to reasonable levels for rental investors.
You know 45612 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 45612 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 45612 ranks in Chillicothe, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 45612 (Bainbridge)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 45612 (Bainbridge, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.