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MarketsOhioCambridge

Cap Rate Analysis: Cambridge, OH

Investment metrics, interactive calculators, and data-driven analysis for Cambridge rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Moderate — source deals carefully
Based on $160,000 median price and $1,020/mo median rent
Est. Cap Rate
4.76%
1% Rule
0.64%
Fails
GRM
13.1x
Price / Income
3.4x

Market Data

Median Home Price$160,000
Median Monthly Rent$1,020
Property Tax Rate1.58%
Population50,000
Population Growth0.2% / yr
Median Household Income$47,711
Vacancy Rate6.7%
Annual Appreciation2.2%

Cap Rate Calculator — Cambridge

Pre-filled with Cambridge medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
1.58% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
3.78%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$6,044
net operating income
Gross Rent Multiplier
13.1x
Good (<15)
1% Rule
0.64%
✗ Fails
Monthly Cash Flow
$504
before debt service
Annual Breakdown
Gross Rental Income$12,240
Less Vacancy−$820
Effective Income$11,420
Less Operating Expenses−$5,376
Net Operating Income$6,044
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Cash-on-Cash Return — Cambridge

Factor in financing to see your actual return on invested capital in Cambridge.

$
$40,000
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-5.10%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$44,800
$40,000 down + $4,800 closing
Monthly Mortgage
$782
on $120K loan
Monthly Cash Flow
$-190
after all expenses
Annual Cash Flow
$-2,284
before taxes
Cash Flow Breakdown
Monthly Rent$1,020
Less Expenses−$428
Less Mortgage−$782
Monthly Cash Flow$-190

Is Cambridge a Good Place to Invest in Rental Property?

Cambridge, OH has a population of 50,000 and has been growing at 0.2% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $160,000 paired with median rents of $1,020/mo produces an estimated cap rate of 4.76%.

Property taxes at 1.58% are notably high and represent a significant drag on cash flow — model this expense carefully, as it can make or break a deal. The vacancy rate of 6.7% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 3.4x, homes cost about 3.4 times the local median income of $47,711. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 2.2% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: Cambridge presents moderate opportunities. Cap rates near 4.76% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.

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