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Market Yield Analysis

Cincinnati Rental Yield Analysis

Gross and net rental yield estimates for Cincinnati, OH, with investor commentary and recommended underwriting adjustments.

Median Home Price
$230,000
Median Rent
$1,550 / mo
Gross Yield
8.09%
Cap Rate (avg)
7.6%
Vacancy Rate
6.0%
Rent-to-Price
0.67%
Monthly

Investor commentary

Cincinnati is one of the more balanced Midwest markets. Target Mason, West Chester, and Norwood for stable B-class tenants.

How to interpret Cincinnati's rental yield

A 8.1% rental yield in Cincinnati compares favorably to coastal gateway markets (typically 4–5%) and signals meaningful month-one cash flow potential. Always underwrite with the property's actual taxes and insurance — neither tracks national averages perfectly.

Recommended underwriting adjustments

  • Reset property taxes to your purchase price, not the seller's basis.
  • Add 6% vacancy as baseline; stress to 9% in worst case.
  • Budget 8–10% management plus 8% maintenance + capex reserves.
  • Verify insurance quotes from at least two carriers before closing.