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Market Yield Analysis

Columbus Rental Yield Analysis

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

Median Home Price
$285,000
Median Rent
$1,750 / mo
Gross Yield
7.37%
Cap Rate (avg)
6.8%
Vacancy Rate
5.6%
Rent-to-Price
0.61%
Monthly

Investor commentary

Columbus offers an unusual combination of yield and growth catalysts. Suburbs near the Intel site (Licking County) are appreciating fastest.

How to interpret Columbus's rental yield

A 7.4% rental yield in Columbus 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.