Real Estate Investing in Rockford, Ohio (45882)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45882 (Rockford, 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.
- High vacancy: 13.8% 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 Rockford, OH (45882)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45882 Rockford
The 45882 ZIP covers a section of Rockford that demands careful diligence. Prices near $231K look accessible, but the work to make a deal cash flow is real.
Rent of $900/mo on a $231K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 45882 sits below the stated 0.0% once reality is priced in.
Within OH, ZIP 45882 trails on several market indicators that neighboring Mercer County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Employment concentration in 45882 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. notable returns are possible in 45882, 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 Rockford:
Property Strategy for 45882
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $165,518 | $1,000 | 4.3% | +8.6% | $82,759 |
| 3BR | $230,171 | $1,300 | 4.1% | +8.5% | $76,724 |
| 4BR | $249,067 | $1,330 | 3.8% | +8.4% | $62,267 |
Market Trends
Home Value History (with trend line)
📊 How Does 45882 Compare?
| Metric | 45882 | Rockford | Celina, OH | Ohio |
|---|---|---|---|---|
| Home Value | $231,130 | $231,130 | N/A | $237,530 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 7.4% |
| Avg Rent | $900 | $900 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
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 45882 (Rockford, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 45882 (Rockford, OH)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $231,130 |
| Monthly Rent | $900 |
| Price-to-Rent | 21.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.0% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +7.5% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 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 (3.0%). 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 45882
Population: 2,719
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 45882
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 price range are homes in Rockford, OH?
The median home value in Rockford, OH is roughly $231K. That puts it reasonable relative to the OH statewide average.
Should investors consider Rockford, OH?
The 3.0/5 investability rating in Rockford, OH reflects its $231K prices and $900/mo rents. Investors generally consider it a solid option within OH.
Do rentals sit vacant long in Rockford, OH?
Expect elevated vacancy in Rockford, OH. Rents at $900/mo are absorbed by the tenant base without meaningful lag.
Is Rockford, OH landlord-friendly?
OH ranks as a landlord-friendly state for landlord-tenant law. Rockford generally follows the statewide framework, so landlords face reasonable operating rules.
How strong is the working-renter base in Rockford, OH?
The renter base in Rockford, OH is reasonable for the $900/mo price point. Screening well and pricing to market typically yields consistent tenants.
You know 45882 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 45882 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 45882 ranks in Celina, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 45882 (Rockford)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 45882 (Rockford, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.