Side-by-side comparison of Greenville, OH and Mansfield, OH — cap rates, rent, prices, and investment metrics.
Cash flow: Mansfield has the edge with an estimated cap rate of 2.86% 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 $205,000 in Greenville vs $190,000 in Mansfield, while rents come in at $680/mo and $890/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.
Growth & appreciation: Greenville is growing faster at 0.2% annually vs Mansfield's 0.2%. Greenville leads on home value appreciation at 2.2% per year.
Costs & risk: Property taxes are 1.58% in Greenville vs 1.58% in Mansfield. Vacancy rates of 6.7% and 6.7% are mixed — Mansfield has the tighter rental market.
Entry point: Mansfield offers a lower entry at $190K vs Greenville's $205K — a difference of $15K. With a 20% down payment, that's $38K vs $41K. Mansfield combines the lower price with a higher cap rate — a compelling combination.
Bottom line: Mansfield edges out Greenville on most key metrics. While cap rates are moderate at 2.86%, Mansfield's overall profile is stronger. Use our free calculators to model specific deals in Greenville or Mansfield.