Is Dayton, OH still a good place to invest? I was given a property located on Dexter Ave, zip is 45419. It is in a very good school district. But I see very few rental listings on Zillow in that immediate neighborhood. Anyone know what the rental demand is like in this area?
Also, how is Dayton's economy? The unemployment does not seem to great. I also read it was one of the hardest hit regions during the recession.
Hi, I used to live in 45419, however not in the area of Dexter (I didn't know homes like that existed in 45419). That zip code has some of, if not most of, the most expensive home in the entire Dayton area, specifically the areas of West Kettering and Oakwood.
I think the rental market is decent in Dayton, however I am new to REI so have little experience. The economy is so-so, moving from manufacturing to service but it have been a slow evolution. I would be happy to help you in any way I could but admittedly am not experienced in this business yet. However, I am a life-long resident of the area so that may be of some value to you.
@Jonathan Oh Overall, that's a good location for a property. It should be easy to rent.
Dayton was hit hard, but now the economy is on the upswing. It's been a good year for jobs and growth.
I live in 45419. Dexter is in a working class neighborhood. Mostly cheaper homes. Not a bad area, just on the lower side as far as that zip code goes. Do your due diligence as far as property value is concerned. I'd be happy to answer any other questions you have, as I've lived in kettering for 25 years and love to invest there
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you
Create Lasting Wealth Through Real Estate
Join the millions of people achieving financial freedom through the power of real estate investing