Real Estate Investing in Cloverdale, Ohio (45827)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45827 (Cloverdale, 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.
- High price-to-rent: Price-to-rent ratio 25.8 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Cloverdale, OH (45827)?
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Market Analysis: 45827 Cloverdale
ZIP 45827 in Cloverdale, OH carries a durable set of headwinds. Home values near $285K and rents of $918/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 45827 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 45827 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 45827 ZIP's population of 2,151 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
Strategically, 45827 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Cloverdale:
Property Strategy for 45827
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $296,308 | $1,240 | 3.0% | +8.0% | $98,769 |
| 4BR | $310,467 | $1,380 | 3.2% | +7.4% | $77,617 |
Market Trends
Home Value History (with trend line)
📊 How Does 45827 Compare?
| Metric | 45827 | Cloverdale | Ohio |
|---|---|---|---|
| Home Value | $284,591 | $284,591 | $237,530 |
| 5-Year CAGR | 7.2% | 7.2% | 7.4% |
| Avg Rent | $918 | $918 | - |
| Cap Rate | 2.5% | 2.5% | - |
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 45827 (Cloverdale, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $284,591 |
| Monthly Rent | $918 |
| Price-to-Rent | 25.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +10.7% ▲ |
| 3-Year CAGR | +8.2% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 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 (2.5%). 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 45827
Population: 2,151
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
Frequently Asked Questions
What price range are homes in Cloverdale, OH?
Median home price in Cloverdale, OH is near $285K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
What is it like being a landlord in Cloverdale, OH?
OH law landlord-friendly for landlords, and Cloverdale inherits those rules. Investors should still review local ordinances for rental licensing.
Is Cloverdale, OH suited for a house hack?
The a challenging house-hack environment in Cloverdale, OH reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How does Cloverdale, OH rate as a rental market?
Cloverdale, OH scores 3.0/5 for investability. Home values sit at $285K and rents near $918/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
What is the best play in Cloverdale, OH?
For Cloverdale, OH, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 45827 now. You don’t know where it ranks.
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