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

Springfield vs Tiffin for Rental Property Investing

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

Springfield wins 3–0 across key metrics
Springfield leads on cash flow (4.05% vs 2.44% cap rate)
Metric
Springfield, OH
Tiffin, OH
Est. Cap Rate
4.05%
2.44%
Median Home Price
$195,000
$165,000
Median Monthly Rent
$1,120
$710
1% Rule
0.57%
0.43%
GRM
14.5x
19.4x
Price / Income
4.1x
3.5x
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

Springfield vs Tiffin: Which Is Better for Investors?

Cash flow: Springfield has the edge with an estimated cap rate of 4.05% compared to Tiffin's 2.44%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $195,000 in Springfield vs $165,000 in Tiffin, while rents come in at $1,120/mo and $710/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

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

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

Entry point: Tiffin offers a lower entry at $165K vs Springfield's $195K — a difference of $30K. With a 20% down payment, that's $33K vs $39K. Springfield's higher price may be justified by better market fundamentals.

Bottom line: Springfield edges out Tiffin on most key metrics. While cap rates are moderate at 4.05%, Springfield's overall profile is stronger. Use our free calculators to model specific deals in Springfield or Tiffin.

Sponsored · Want to analyze a specific property? DealCheck imports real listing data and runs the full analysis for you.
Try Free →
Springfield, OH
4.05% cap rate · $195,000 median · $1,120/mo
Full analysis →
Tiffin, OH
2.44% cap rate · $165,000 median · $710/mo
Full analysis →

Frequently Asked Questions

Is Springfield or Tiffin better for rental investing?
Springfield wins 3–0 across our 7 key metrics (cap rate, 1% rule, GRM, taxes, vacancy, growth, appreciation). Springfield's 4.05% cap rate and $195K median price edge out Tiffin's 2.44% at $165K.
What is the cap rate difference between Springfield and Tiffin?
Springfield has a 4.05% cap rate vs Tiffin's 2.44% — a difference of 1.61 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?
Tiffin has lower property taxes at 1.58% vs 1.58%. On a $180K property, that's a difference of approximately $474/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Springfield is growing at 0.2% annually vs Tiffin's 0.2%. Both cities have slow growth — focus on the strongest neighborhoods. Springfield'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.