Cincinnati
Investment Analysis

Cincinnati, OH
Investor Report

Comprehensive real estate investment analysis with cap rates, rental yields, and risk assessment.

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50
Investment Score
Buy
Cap Rate (Est.)
2.7%
Gross Yield
4.4%
P/R Ratio
16.7x
YoY Growth
+2.0%
Median Home Price
$249,015
Average Rent (1BR)
$919/mo
Median Income
$54,314
Population
311,112

Investment Breakdown

50
Value Score
70
Growth Score
21
Safety Score
56
Afford Score

Cincinnati has a price-to-rent ratio of 16.7x, which indicates buying is moderately favorable.

The estimated cap rate of 2.7% is below average, typical of appreciation-focused markets.

Year-over-year price growth of +2.0% indicates stable market conditions.

Rental Cash Flow Analysis

Monthly Income

Gross Rent $919
Annual Gross $11,028

Est. Monthly Expenses

Property Tax (~1.5%) -$311
Insurance (~0.5%) -$104
Maintenance (~1%) -$208
Est. Net Cash Flow $296/mo

Price Forecast 2026โ€“2028

๐Ÿ”ฎ Cincinnati Price Forecast 2026โ€“2028

Based on 5-year Zillow ZHVI trend analysis ยท Statistical projection
๐Ÿ“ˆ Upward Trend
PROJECTEDNOW$241K2027$257Kโ–ฒ 6.9%2028$268Kโ–ฒ 11.3%20232024Now
$281K$203K
Current
$249K
2026
Projected
$257K
โ†‘ 6.9% by 2027
Projected
$268K
โ†‘ 11.3% by 2028
5yr CAGR:+5.5%
Confidence:High
Rยฒ:0.94
โ–ผ

The Cincinnati housing market forecast for 2026-2028 suggests a period of stabilization rather than dramatic shifts. With a median home price of $240,511 and a relatively cool market temperature of 68/100, the region is poised for steady, single-digit appreciation. The price-to-rent ratio of 19.0x slightly exceeds the national average, indicating that while buying remains competitive, it hasn't reached the extreme premiums seen in larger coastal metros. Given the modest YoY price change of 1.3% and a solid 5-year CAGR of 5.7%, the data points toward sustainable growth rather than a speculative bubble.

When asking will Cincinnati home prices drop, the risk grade of A and the rapid 22 days on market suggest significant declines are unlikely. Affordability remains a key advantage for Cincinnati real estate Cincinnati 2027, supported by a robust logistics and healthcare economy that continues to draw residents. However, the neutral buy/rent verdict implies that investors should look for value in specific neighborhoods rather than expecting broad, aggressive gains. The 5-year price range of $181,393 โ€“ $240,511 highlights the importance of entry-point strategy.

Projected Cap Rate (2027)
2.7%
5yr CAGR
+5.5%

Job Market

Unemployment 3.8%
National avg: 3.7%
Job Growth (YoY) +0.8%

Healthcare

74
Score
Good

Risk Factors

High Crime Area

Market Activity

Source: Redfin ยท 2026-01-31
Sale-to-List 98.1%
Months Supply 6.2
Price Drops 20%
Gone in 2 Wks 39%

Market Position

Affordability Below Avg
Safety Higher Risk

ROI Projector Estimate your total return

Adjust the sliders to model different investment scenarios for Cincinnati.

Total ROI
-65%
on $49,803 invested
Annual ROI
-19.2%
compounded
Total Return
-$32,606
appreciation + cashflow
Mo. Cash Flow
-$1,048
year 1 estimate
Equity Growth Over 5 Years
Y157kY264kY371kY479kY587k
Appreciation
$25,379
Cash Flow
-$57,985
Final Equity
$86,856

* Estimates based on 2.0% annual appreciation, 3% rent growth, 5% vacancy. Does not include closing costs, tax benefits, or capital gains tax. For illustrative purposes only.

Rental Investment Calculator Estimate your monthly cashflow

Rental Income Estimator

Pre-filled for Cincinnati

Property

Purchase Price$249,015
Monthly Rent$919
Down Payment20%

Financing

Interest Rate6.5%

Expenses

Property Tax1.2%
Insurance (Annual)$1,500
Maintenance Reserve1%
Vacancy Rate5%
Property Management0%
HOA (Monthly)$0
-$968
Monthly Cash Flow
-$11,612/ year
-23.3%
Cash-on-Cash
1.4%
Cap Rate

Monthly Breakdown

+ Rental Income$919
โˆ’ Mortgage (P&I)$1,259
โˆ’ Property Tax$249
โˆ’ Insurance$125
โˆ’ Maintenance$208
โˆ’ Vacancy Loss$46
= Net Cash Flow-$968

Investment Summary

Down Payment
$49,803
Loan Amount
$199,212
Total Monthly Expenses
$1,887
Gross Yield
4.4%

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be made after consulting with qualified professionals. Data sources include Zillow, Census Bureau, and BLS. Cap rates and yields are estimates based on available data.

Last updated: March 2026