Real Estate Investing in Jackson, Ohio (45640)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45640 (Jackson, OH)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.9% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Jackson, OH (45640)?
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Market Analysis: 45640 Jackson
Meanwhile, ZIP 45640 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $187K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $187K asset, 45640 is the wrong submarket. If the plan prices in friction, the yield can still work.
Within OH, ZIP 45640 trails on several market indicators that neighboring Jackson County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Who lives in 45640 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 45640 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Jackson:
Property Strategy for 45640
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $118,056 | $780 | 4.8% | +6.0% | $118,056 |
| 2BR | $140,744 | $1,000 | 5.1% | +6.6% | $70,372 |
| 3BR | $210,648 | $1,290 | 4.4% | +6.3% | $70,216 |
| 4BR | $279,691 | $1,380 | 3.6% | +7.1% | $69,923 |
| 5BR | $362,261 | — | — | +8.2% | $72,452 |
Market Trends
Home Value History (with trend line)
📊 How Does 45640 Compare?
| Metric | 45640 | Jackson | Jackson, OH | Ohio |
|---|---|---|---|---|
| Home Value | $187,289 | $187,289 | N/A | $237,530 |
| 5-Year CAGR | 4.2% | 4.2% | N/A | 7.4% |
| Avg Rent | $900 | $900 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
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 45640 (Jackson, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $187,289 |
| Monthly Rent | $900 |
| Price-to-Rent | 17.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +7.7% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (3.8%). 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 45640
Population: 16,360
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 45640
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 home values compare in Jackson, OH?
Jackson, OH home values average about $187K. That price point suits investors targeting rentals with $900/mo in monthly income.
How deep is the rental pool in Jackson, OH?
Tenant quality in Jackson, OH ranks as solid. Landlords generally report consistent occupancy at market rents of $900/mo.
How strong are rents in Jackson, OH?
Rents in Jackson, OH run near $900/mo. Compared with median home prices of $187K that produces solid gross yields for typical rentals.
What type of investing works in Jackson, OH?
Jackson, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($187K prices, $900/mo rents) make it a reasonable choice.
Is Jackson, OH a friendly market for rental owners?
The landlord environment in Jackson, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
You know 45640 now. You don’t know where it ranks.
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How 45640 ranks in Jackson, OH
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