| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 31st | Poor |
| Demographics | 47th | Fair |
| Amenities | 5th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 190 Lindsey Dr, Fayetteville, OH, 45118, US |
| Region / Metro | Fayetteville |
| Year of Construction | 1999 |
| Units | 31 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
190 Lindsey Dr, Fayetteville OH Multifamily Investment
Neighborhood occupancy is resilient and rents remain relatively modest, supporting retention and stable cash flow potential according to WDSuite s CRE market data. A primarily owner-occupied area means a smaller renter pool, so positioning on value and convenience is key.
Fayetteville sits within the Cincinnati, OH-KY-IN metro and this address is in a Rural neighborhood with limited nearby amenities (amenities score in the lower national percentiles), so most daily needs likely require a short drive. While local retail and services are sparse, the setting appeals to residents prioritizing space and quieter living over immediate walkability.
According to CRE market data from WDSuite, the neighborhood s occupancy rate is firm at 95.2% (72nd percentile nationally), indicating stable housing demand at the neighborhood level rather than for this specific property. Median contract rents are on the lower side compared with many U.S. neighborhoods, which can support lease retention and steady collections when paired with disciplined expense control.
Construction in the area skews older on average (1950s), and the subject s 1999 vintage positions it as comparatively newer stock. That can be an advantage versus older inventory, though investors should plan for ongoing modernization and system updates typical for late-1990s assets.
Demographic statistics aggregated within a 3-mile radius show a slight population decline in recent years, with households roughly flat and projected to grow over the next five years. The renter-occupied share is about 20%, pointing to a smaller but durable tenant base; this typically favors workforce-oriented units and value-forward finishes to deepen demand and support occupancy.
Home values in the area are relatively accessible by national standards, which can create some competition from ownership options. At the same time, a low rent-to-income ratio suggests manageable affordability pressure for tenants, aiding retention and day-to-day lease management.
Safety indicators for the neighborhood compare favorably at the national level based on WDSuite s data. Violent-offense levels are in the high national percentiles (safer than most neighborhoods nationwide), and property-offense metrics are also comparatively favorable.
Recent year-over-year data show an uptick in property offenses, so ongoing monitoring is prudent. Investors should evaluate on-site measures (lighting, access control, camera coverage) and track neighborhood trends alongside metro benchmarks to maintain leasing confidence without overcommitting capital.
Regional employment is anchored by large healthcare, finance, consumer goods, and industrial employers within roughly 20 30 miles, supporting commuter convenience and sustained renter demand. Key nearby employers include Anthem, Kroger DCIC, Prudential Financial, Humana Pharmacy Solutions, and AK Steel Holding.
- Anthem Inc Mason Campus II — insurance/healthcare (21.7 miles)
- Kroger DCIC — grocery retail operations (25.2 miles)
- Prudential Financial — financial services (28.0 miles)
- Humana Pharmacy Solutions — pharmacy & healthcare services (28.4 miles)
- AK Steel Holding — steel manufacturing (28.5 miles) — HQ
Built in 1999 with 31 units, the property offers a relatively newer alternative to the neighborhood s older housing stock, with potential to capture renters seeking clean, functional product at attainable price points. Neighborhood occupancy is solid and median rents remain modest, which can support steady leasing and collections when paired with pragmatic capital planning and expense discipline.
Within a 3-mile radius, a smaller renter-occupied share implies a thinner renter base, but stable household counts and a projected increase in households point to a sustainable pipeline of tenants. The high national percentile for rent-to-income suggests limited affordability pressure, supporting retention; however, comparatively accessible homeownership may temper aggressive rent growth. Proximity to regional employers across healthcare, finance, consumer goods, and industrial sectors underpins demand, according to CRE market data from WDSuite.
- 1999 vintage versus older local stock supports competitive positioning with targeted modernization
- Neighborhood occupancy strength and modest rents favor retention and cash flow stability
- Regional job centers within commuting range bolster tenant demand and leasing durability
- 3-mile demographics indicate a sustainable, value-focused renter pool for workforce housing
- Risks: rural location, limited nearby amenities, smaller renter base, and ownership competition may cap rent growth