Is Ashtabula County, OH good for real estate investing?

Ashtabula County has an investment score of 72/100, rated as "Buy". The county ranks #89 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Ashtabula?

The rent-to-price ratio in Ashtabula County is 7.06% annually, which ranks in the 78th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Ashtabula?

The median home price in Ashtabula County is $174,003. This ranks #137 in affordability among all US counties.

Can you cash flow on rental properties in Ashtabula?

Based on median values with 20% down at current rates, a typical rental in Ashtabula County would generate negative cash flow of $246/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Ashtabula County

OhioPopulation: 97,666

/100

Buy

#89 of 1,000 counties

#32 in Ohio (88 counties)

Market Snapshot

$174,003

Median Home Price

36% below national median

$1,024/mo

Median Rent

32% below national median

7.06%

Rent-to-Price Ratio

Top 22% nationally

-$246

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$174,003

Down Payment (20%)$34,801

Loan Amount$139,202

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,024

Monthly P&I-$912

Est. Expenses (35%)-$358

Net Cash Flow-$246/mo

4.6%

Cap Rate (all cash)

-7.4%

Cash-on-Cash Return

7.06%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

72/100

Cash Flow(30%)

71/100

Based on 7.06% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

88/100

Based on 5.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

81/100

Price-to-income ratio of 3.2x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.06%)
+Strong price appreciation (+5.8% YoY)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$246/mo)
-Negative leverage (cap rate 4.6% < mortgage rate 6.9%)

Economic Indicators

Population

97,666

Median Income

$53,663

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.2x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CuyahogaOH	73	$211,436	$1,379	7.83%	Buy	View
MontgomeryOH	73	$195,315	$1,244	7.64%	Buy	View
CurrentAshtabulaOH	72	$174,003	$1,024	7.06%	Buy
LoganOH	72	$243,074	Est. pending	—	Buy	View
ChampaignOH	72	$241,343	Est. pending	—	Buy	View
SummitOH	70	$217,839	$1,234	6.80%	Buy	View

The Bottom Line

BuyAshtabula offers solid investment potential with good cash flow or appreciation prospects.

Ashtabula County in Ohio scores 72/100, ranking #89 of 1,000 US counties (top 9%). The 7.06% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-246/mo

Cap Rate

4.6%

Cash-on-Cash

-7.4%

Ready to Analyze a Deal in Ashtabula?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$174,003

Down Payment (20%)$34,801

Loan Amount$139,202

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,024

Monthly P&I-$912

Est. Expenses (35%)-$358

Net Cash Flow-$246/mo

4.6%

Cap Rate (all cash)

-7.4%

Cash-on-Cash Return

7.06%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.6% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

72/100

Cash Flow(30%)

71/100

Based on 7.06% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

88/100

Based on 5.8% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

81/100

Price-to-income ratio of 3.2x. Lower ratios indicate more affordable markets.

County

Verdict

CuyahogaOH

$211,436

$1,379

7.83%

Buy

View

MontgomeryOH

$195,315

$1,244

7.64%

Buy

View

CurrentAshtabulaOH

$174,003

$1,024

7.06%

Buy

LoganOH

$243,074

Est. pending

—

Buy

View

ChampaignOH

$241,343

Est. pending

—

Buy

View

SummitOH

$217,839

$1,234

6.80%

Buy

View

The Bottom Line

BuyAshtabula offers solid investment potential with good cash flow or appreciation prospects.

Ashtabula County in Ohio scores 72/100, ranking #89 of 1,000 US counties (top 9%). The 7.06% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow

$-246/mo

Cap Rate

4.6%

Cash-on-Cash

-7.4%