%
CapRateCity
Free cap rate calculators for every US market
← All comparisons

Findlay vs Greenville for Rental Property Investing

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

Findlay wins 3–0 across key metrics
Findlay leads on cash flow (3.75% vs 1.33% cap rate)
Metric
Findlay, OH
Greenville, OH
Est. Cap Rate
3.75%
1.33%
Median Home Price
$230,000
$205,000
Median Monthly Rent
$1,260
$680
1% Rule
0.55%
0.33%
GRM
15.2x
25.1x
Price / Income
4.8x
4.3x
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

Findlay vs Greenville: Which Is Better for Investors?

Cash flow: Findlay has the edge with an estimated cap rate of 3.75% compared to Greenville's 1.33%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $230,000 in Findlay vs $205,000 in Greenville, while rents come in at $1,260/mo and $680/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

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

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

Entry point: Greenville offers a lower entry at $205K vs Findlay's $230K — a difference of $25K. With a 20% down payment, that's $41K vs $46K. Findlay's higher price may be justified by better market fundamentals.

Bottom line: Findlay edges out Greenville on most key metrics. While cap rates are moderate at 3.75%, Findlay's overall profile is stronger. Use our free calculators to model specific deals in Findlay or Greenville.

Sponsored · Want to analyze a specific property? DealCheck imports real listing data and runs the full analysis for you.
Try Free →
Findlay, OH
3.75% cap rate · $230,000 median · $1,260/mo
Full analysis →
Greenville, OH
1.33% cap rate · $205,000 median · $680/mo
Full analysis →

Frequently Asked Questions

Is Findlay or Greenville better for rental investing?
Findlay wins 3–0 across our 7 key metrics (cap rate, 1% rule, GRM, taxes, vacancy, growth, appreciation). Findlay's 3.75% cap rate and $230K median price edge out Greenville's 1.33% at $205K.
What is the cap rate difference between Findlay and Greenville?
Findlay has a 3.75% cap rate vs Greenville's 1.33% — a difference of 2.42 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?
Greenville has lower property taxes at 1.58% vs 1.58%. On a $218K property, that's a difference of approximately $395/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Findlay is growing at 0.2% annually vs Greenville's 0.2%. Both cities have slow growth — focus on the strongest neighborhoods. Findlay's appreciation rate of 2.2% also leads on home value growth.

Explore More

The CapRateCity Report
Weekly market analysis: highest cap rate cities, emerging markets, and deal breakdowns. Free, no spam.