Real Estate Investing in Saint Marys, Ohio (45885)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 45885 (Saint Marys, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Saint Marys, OH (45885)?
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Market Analysis: 45885 Saint Marys
On the rental side, ZIP 45885 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $211K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 45885 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Looking more closely, 45885 offers a low basis, the region around Saint Marys has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 45885 ZIP's population of 12,744 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
Experienced landlords with local relationships tend to find 45885 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 Saint Marys:
Property Strategy for 45885
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $148,863 | $990 | 4.8% | +7.7% | $74,432 |
| 3BR | $214,398 | $1,380 | 4.6% | +7.3% | $71,466 |
| 4BR | $260,550 | $1,650 | 4.6% | +7.2% | $65,137 |
| 5BR | $300,533 | — | — | +6.8% | $60,107 |
Market Trends
Home Value History (with trend line)
📊 How Does 45885 Compare?
| Metric | 45885 | Saint Marys | Wapakoneta, OH | Ohio |
|---|---|---|---|---|
| Home Value | $211,238 | $211,238 | N/A | $237,530 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 7.4% |
| Avg Rent | $891 | $891 | N/A | - |
| Cap Rate | 3.3% | 3.3% | - | - |
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 45885 (Saint Marys, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $211,238 |
| Monthly Rent | $891 |
| Price-to-Rent | 19.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +7.3% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 (3.3%). 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 45885
Population: 12,744
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 45885
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
Is Saint Marys, OH a smart market for rental property?
Investors tracking Saint Marys, OH will find a 3.0/5 rating supported by $211K median home values and $891/mo rents. That profile suits long-term holders targeting predictable returns.
What type of investing works in Saint Marys, OH?
Saint Marys, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($211K prices, $891/mo rents) make it a reasonable choice.
What monthly rent should investors expect in Saint Marys, OH?
Expect rents around $891/mo per month in Saint Marys, OH. With home values at $211K, the yield math works out to reasonable levels for rental investors.
What kind of vacancy should I budget for in Saint Marys, OH?
Vacancy risk in Saint Marys, OH is elevated. That supports steady cash flow for typical rental holds.
Is Saint Marys, OH a good market for FHA house hackers?
The a challenging house-hack environment in Saint Marys, OH reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 45885 now. You don’t know where it ranks.
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How 45885 ranks in Wapakoneta, OH
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