Real Estate Investing in Wellston, Ohio (45692)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45692 (Wellston, OH)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 12.6% 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 Wellston, OH (45692)?
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Market Analysis: 45692 Wellston
ZIP 45692 in Wellston, OH carries a robust set of headwinds. Home values near $118K and rents of $882/mo sit inside a market where underwriting has to be tight.
Rent of $882/mo on a $118K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 45692 sits below the stated 0.0% once reality is priced in.
ZIP 45692's metrics run below Jackson County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 45692 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. impressive returns are possible in 45692, 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 Wellston:
Property Strategy for 45692
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $77,085 | $770 | 7.2% | +5.7% | $77,085 |
| 2BR | $108,781 | $980 | 6.5% | +8.7% | $54,390 |
| 3BR | $149,814 | $1,270 | 6.1% | +7.8% | $49,938 |
| 4BR | $183,442 | $1,350 | 5.3% | +6.0% | $45,860 |
Market Trends
Home Value History (with trend line)
📊 How Does 45692 Compare?
| Metric | 45692 | Wellston | Jackson, OH | Ohio |
|---|---|---|---|---|
| Home Value | $117,666 | $117,666 | N/A | $237,530 |
| 5-Year CAGR | 4.1% | 4.1% | N/A | 7.4% |
| Avg Rent | $882 | $882 | N/A | - |
| Cap Rate | 5.9% | 5.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 45692 (Wellston, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $117,666 |
| Monthly Rent | $882 |
| Price-to-Rent | 11.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.0% |
| Cap Rate | 5.9% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (5.9%). 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.
Demographics in 45692
Population: 7,699
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 45692
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
How do experienced investors play Wellston, OH?
In Wellston, OH the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $118K prices and $882/mo rents suits that approach.
Are rents high in Wellston, OH?
Investors in Wellston, OH typically see rents near $882/mo per month against $118K home values - a solid setup for rental cash flow.
Is it easy to find good tenants in Wellston, OH?
Working renters make up the core of the Wellston, OH tenant base. The pool is reasonable for investors targeting long-term holds.
Is Wellston, OH a good market for FHA house hackers?
The a challenging house-hack environment in Wellston, OH reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How landlord-friendly is Wellston, OH?
Wellston, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 45692 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 45692 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 45692 ranks in Jackson, OH
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