Real Estate Investing in Springdale, Ohio (45246)
Should you buy in 45246 (Springdale, 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.
- Elevated vacancy: 8.6% vacancy may signal weakening demand.
What’s happening in Springdale, OH (45246)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 45246 Springdale
Investors eyeing 45246 need to respect the fundamentals at play. Home values of $253K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 45246 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 45246's metrics run below Hamilton County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 45246 ZIP's population of 13,925 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
The right play in 45246 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Springdale:
Property Strategy for 45246
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $200,510 | $1,600 | 5.7% | +8.4% | $100,255 |
| 3BR | $226,879 | $2,110 | 6.7% | +8.1% | $75,626 |
| 4BR | $329,374 | $2,340 | 5.1% | +7.3% | $82,344 |
| 5BR | $679,827 | — | — | +6.9% | $135,965 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 45246 Compare?
| Metric | 45246 | Springdale | Cincinnati, OH-KY-IN | Ohio |
|---|---|---|---|---|
| Home Value | $253,068 | $253,068 | N/A | $237,530 |
| 5-Year CAGR | 6.5% | 6.5% | N/A | 7.4% |
| Avg Rent | $1,720 | $1,720 | N/A | - |
| Cap Rate | 5.3% | 5.3% | - | - |
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 45246 (Springdale, OH). Anonymous, moderated, never written by AI.
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Property managers serving Hamilton County
Manage rentals here? List your business →Associa RPM provides comprehensive HOA and condominium management services in the greater Columbus, Dublin, Cincinnati, and Dayton areas of Ohio. summary from their website
Gaslight Property offers apartments for rent in Clifton, near UC. summary from their website
SBS Property Management provides management, maintenance, inspections, finances, and communications for Condominium and Homeowner Associations across Ohio. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $253,068 |
| Monthly Rent | $1,720 |
| Price-to-Rent | 12.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.2% |
| Cap Rate | 5.3% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +5.4% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | -11.7% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (5.3%). 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 45246
Population: 13,925
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 45246
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
Investor Insight: With 2,109 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in Springdale, OH?
Typical homes in Springdale, OH go for around $253K. The 5-year CAGR of 0.0% predictable price movement.
How do landlord-tenant laws work in Springdale, OH?
Landlord-friendliness in Springdale, OH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What strategy should investors use in Springdale, OH?
Most investors in Springdale, OH run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is real estate in Springdale, OH a good investment right now?
Our data puts Springdale, OH at 3.0/5 for investability. Home prices of $253K and rents around $1,720/mo create a solid backdrop for investor activity.
Is it easy to find good tenants in Springdale, OH?
Springdale, OH offers a predictable renter base at the $1,720/mo rent level. Tenant turnover is reasonable for well-managed properties.
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