Real Estate Investing in Oakwood, Ohio (45873)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45873 (Oakwood, 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 vacancy: 14.9% 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 Oakwood, OH (45873)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45873 Oakwood
Not every below-median market is a bargain. Oakwood's 45873 ZIP reflects signals that favor experienced operators who can absorb the risk $152K pricing implies.
Distressed markets are won on execution, not on spreadsheets. ZIP 45873 posts the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Statewide comparisons place 45873 among OH's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 45873 ZIP's population of 2,232 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
Strategy in 45873 is an operator game, not a passive one. In practical terms, entry prices of $152K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Oakwood:
Property Strategy for 45873
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $107,331 | $990 | 6.6% | +6.9% | $53,666 |
| 3BR | $164,307 | $1,270 | 5.6% | +6.5% | $54,769 |
| 4BR | $192,637 | $1,430 | 5.3% | +8.1% | $48,159 |
Market Trends
Home Value History (with trend line)
📊 How Does 45873 Compare?
| Metric | 45873 | Oakwood | Ohio |
|---|---|---|---|
| Home Value | $152,476 | $229,659 | $237,530 |
| 5-Year CAGR | 6.3% | 5.9% | 7.4% |
| Avg Rent | $891 | $1,236 | - |
| Cap Rate | 4.6% | 4.3% | - |
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 45873 (Oakwood, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $152,476 |
| Monthly Rent | $891 |
| Price-to-Rent | 14.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +9.4% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (4.6%). 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 45873
Population: 2,232
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 45873
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 average home sale price in Oakwood, OH?
Typical homes in Oakwood, OH go for around $152K. The 5-year CAGR of 0.0% predictable price movement.
What are rental rates like in Oakwood, OH?
Rental rates in Oakwood, OH average $891/mo. Tenant demand and $152K home values make the yield look reasonable by investor standards.
Are renters plentiful in Oakwood, OH?
Working renters make up the core of the Oakwood, OH tenant base. The pool is reasonable for investors targeting long-term holds.
Are there empty rentals in Oakwood, OH?
Oakwood, OH sees elevated vacancy, which is reasonable relative to the broader OH rental market.
What strategy should investors use in Oakwood, OH?
A careful cash-flow rentals with hands-on management strategy Oakwood, OH best. The market produces consistent results for that approach at the $152K price point.
You know 45873 now. You don’t know where it ranks.
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