Real Estate Investing in Rittman, Ohio (44270)
Should you buy in 44270 (Rittman, 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.
What’s happening in Rittman, OH (44270)?
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Market Analysis: 44270 Rittman
ZIP 44270 inside Wayne County looks affordable on the surface — median value of $205K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 44270 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader OH picture, 44270 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 44270 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 44270 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 Rittman:
Property Strategy for 44270
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $154,175 | $990 | 4.6% | +10.4% | $77,088 |
| 3BR | $210,976 | $1,220 | 4.2% | +9.1% | $70,325 |
| 4BR | $285,500 | $1,420 | 3.6% | +8.9% | $71,375 |
Market Trends
Home Value History (with trend line)
📊 How Does 44270 Compare?
| Metric | 44270 | Rittman | Wooster, OH | Ohio |
|---|---|---|---|---|
| Home Value | $205,097 | $205,097 | N/A | $237,530 |
| 5-Year CAGR | 7.9% | 7.9% | N/A | 7.4% |
| Avg Rent | $891 | $891 | 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 44270 (Rittman, OH). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $205,097 |
| Monthly Rent | $891 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 11.3% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | -3.2% ▼ |
| 5-Year CAGR | +7.9% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) 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 44270
Population: 8,138
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 44270
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 are home prices like in Rittman, OH?
Median home price in Rittman, OH is near $205K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.
What are rental rates like in Rittman, OH?
Average rent in Rittman, OH is approximately $891/mo per month. Against $205K home values that yields a reasonable rent-to-price ratio.
What is the best play in Rittman, OH?
Rittman, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($205K prices, $891/mo rents) make it a reasonable choice.
Can I live-in-and-rent in Rittman, OH?
House hacking in Rittman, OH is a challenging. With home values around $205K and rents at $891/mo, owner-occupants can offset a meaningful share of PITI.
Is Rittman, OH a friendly market for rental owners?
Rittman, OH falls under OH landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
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