Side-by-side comparison of Dayton, OH and Toledo, OH — cap rates, rent, prices, and investment metrics.
Cash flow: Dayton has the edge with an estimated cap rate of 5.24% compared to Toledo's 5.11%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $140,000 in Dayton vs $135,000 in Toledo, while rents come in at $960/mo and $920/mo respectively.
Growth & appreciation: Dayton is growing faster at -0.1% annually, while Toledo is losing population. Dayton leads on home value appreciation at 2% per year.
Costs & risk: Property taxes are 1.6% in Dayton vs 1.65% in Toledo. Vacancy rates of 7.2% and 7.5% are both elevated, warranting conservative cash flow projections.
Bottom line: Dayton edges out Toledo on most key metrics. With a 5.24% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Dayton or Toledo.