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Cambridge vs Findlay for Rental Property Investing

Side-by-side comparison of Cambridge, OH and Findlay, OH — cap rates, rent, prices, and investment metrics.

Cambridge wins 3–0 across key metrics
Cambridge leads on cash flow (4.76% vs 3.75% cap rate)
Metric
Cambridge, OH
Findlay, OH
Est. Cap Rate
4.76%
3.75%
Median Home Price
$160,000
$230,000
Median Monthly Rent
$1,020
$1,260
1% Rule
0.64%
0.55%
GRM
13.1x
15.2x
Price / Income
3.4x
4.8x
Property Tax Rate
1.58%
1.58%
Vacancy Rate
6.7%
6.7%
Population Growth
0.2% / yr
0.2% / yr
Annual Appreciation
2.2%
2.2%
Population
50,000
50,000
Median Income
$47,711
$47,711

Cambridge vs Findlay: Which Is Better for Investors?

Cash flow: Cambridge has the edge with an estimated cap rate of 4.76% compared to Findlay's 3.75%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $160,000 in Cambridge vs $230,000 in Findlay, while rents come in at $1,020/mo and $1,260/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Cambridge is growing faster at 0.2% annually vs Findlay's 0.2%. Cambridge leads on home value appreciation at 2.2% per year.

Costs & risk: Property taxes are 1.58% in Cambridge vs 1.58% in Findlay. Vacancy rates of 6.7% and 6.7% are mixed — Findlay has the tighter rental market.

Entry point: Cambridge offers a lower entry at $160K vs Findlay's $230K — a difference of $70K. With a 20% down payment, that's $32K vs $46K. Cambridge combines the lower price with a higher cap rate — a compelling combination.

Bottom line: Cambridge edges out Findlay on most key metrics. While cap rates are moderate at 4.76%, Cambridge's overall profile is stronger. Use our free calculators to model specific deals in Cambridge or Findlay.

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Cambridge, OH
4.76% cap rate · $160,000 median · $1,020/mo
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Findlay, OH
3.75% cap rate · $230,000 median · $1,260/mo
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Frequently Asked Questions

Is Cambridge or Findlay better for rental investing?
Cambridge wins 3–0 across our 7 key metrics (cap rate, 1% rule, GRM, taxes, vacancy, growth, appreciation). Cambridge's 4.76% cap rate and $160K median price offer both higher returns and a lower entry point.
What is the cap rate difference between Cambridge and Findlay?
Cambridge has a 4.76% cap rate vs Findlay's 3.75% — a difference of 1.00 percentage points. This is a significant gap that meaningfully impacts cash flow. For context, the national average is 3.81%.
Which city has lower property taxes?
Findlay has lower property taxes at 1.58% vs 1.58%. On a $195K property, that's a difference of approximately $1,106/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Cambridge is growing at 0.2% annually vs Findlay's 0.2%. Both cities have slow growth — focus on the strongest neighborhoods. Cambridge's appreciation rate of 2.2% also leads on home value growth.

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