Real Estate Investing in Albany, Ohio (45710)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45710 (Albany, 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 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 Albany, OH (45710)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45710 Albany
ZIP 45710 inside Athens County looks affordable on the surface — median value of $212K — but the discount exists for reasons that a careful buyer should understand before committing.
In practical terms, the numbers look inviting — $212K purchase price, 0.0% nominal cap — the work to hit that pro forma in 45710 is substantial and deserves full respect.
The gap between 45710 and stronger Albany ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 45710 ZIP's population of 5,361 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Experienced landlords with local relationships tend to find 45710 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 Albany:
Property Strategy for 45710
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $175,122 | $1,030 | 4.2% | +5.8% | $87,561 |
| 3BR | $233,025 | $1,250 | 3.9% | +5.2% | $77,675 |
| 4BR | $282,900 | $1,480 | 3.8% | +6.0% | $70,725 |
Market Trends
Home Value History (with trend line)
📊 How Does 45710 Compare?
| Metric | 45710 | Albany | Athens, OH | Ohio |
|---|---|---|---|---|
| Home Value | $211,530 | $211,530 | N/A | $237,530 |
| 5-Year CAGR | 4.0% | 4.0% | N/A | 7.4% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 3.4% | 3.4% | - | - |
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 45710 (Albany, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $211,530 |
| Monthly Rent | $927 |
| Price-to-Rent | 19.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.5% |
📈 Home Appreciation
| 1-Year | +8.1% ▲ |
| 3-Year CAGR | +3.4% ▲ |
| 5-Year CAGR | +4.0% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 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 (3.4%). 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 45710
Population: 5,361
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 45710
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the smart move for investors in Albany, OH?
In Albany, OH the notable play is typically careful cash-flow rentals with hands-on management. The combination of $212K prices and $927/mo rents suits that approach.
How much does a house cost in Albany, OH?
Homes in Albany, OH typically sell near $212K. Prices have moved at a 0.0% 5-year CAGR, which reliable long-term demand.
How strong is Albany, OH for real estate investors?
Albany, OH rates 3.0/5 for investability. With median values at $212K and rents near $927/mo, the market offers reasonable fundamentals for rental investors.
Can I house hack in Albany, OH?
Albany, OH offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $927/mo rent level.
What is the typical rental rate in Albany, OH?
The typical rental in Albany, OH commands about $927/mo monthly. That rent profile stable cash flow against the $212K purchase basis.
You know 45710 now. You don’t know where it ranks.
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How 45710 ranks in Athens, OH
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