MarketsRun a deal in this market
State · OH
Ohio
Data as of November 2024· Sources: Zillow ZHVI/ZORI, Census ACS
Strategy
Median home value
$223k
+5.5%Zillow ZHVI
Median rent
$1,350/mo
+5.8%Zillow ZORI
Gross yield
7.26%
Rent × 12 / value
Rent/price ratio
0.000%
1% rule benchmark
Median household income
$66,990
Census ACS
Owner-occupied
66.0%
Census ACS
Renter-occupied
34.0%
Census ACS
Population
-
Census ACS
What this means for LTR investors
Gross yield of 7.26% is solid - above the 7% threshold most LTR investors target.
Rent grew 5.8% YoY while values moved 5.5%. That gap drives whether yield compresses or expands over time.
Renter share is 34% - a deep renter pool means lower vacancy risk in Ohio.
Median income of $66,990 sets the affordability ceiling on rent growth.