Dublin, GA Cap Rate: 5.30% — Rental Property Analysis
Dublin is one of the most affordable markets in the country in the South with a small but investable metro of 50,000. At a 5.30% estimated cap rate, this is a moderate market where rents of $1,030/mo lag behind home prices. With a median home price of $165,000 and steady population growth supports long-term rental demand, Dublin offers opportunities for investors who source deals carefully.
Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026
◈
Moderate — source deals carefully
Based on $165,000 median price and $1,030/mo median rent
Est. Cap Rate
5.30%
1% Rule
0.62%
Fails
GRM
13.3x
Price / Income
3.3x
Market Data
Median Home Price$165,000
Median Monthly Rent$1,030
Property Tax Rate0.93%
Population50,000
Population Growth0.9% / yr
Median Household Income$49,350
Vacancy Rate6.2%
Annual Appreciation2.9%
2026 Market Update: Dublin
Dublin's 0.6% rent-to-price ratio is well below the 1% rule. At median prices of $165,000, the $1,030/mo rent produces only $728/mo in NOI. Investors here need to target below-median properties or pursue value-add strategies to make the numbers work.
At current rates, a 20% down conventional loan ($33K at 7%) would result in approximately $-150/mo cash flow — negative at median prices. Larger down payments, seller financing, or buying 15–25% below median are strategies to turn the numbers positive.
The 13.3x gross rent multiplier and 6.2% vacancy rate position Dublin as a value-oriented market. With annual appreciation at 2.9%, total returns (cash flow + equity growth) run approximately 8.2% before financing leverage.
Cap Rate Calculator — Dublin
Pre-filled with Dublin medians. Adjust to match a specific property.
Property Details
$
$
3–8% typical
%
Monthly Expenses
0.93% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
4.35%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$7,178
net operating income
Gross Rent Multiplier
13.3x
Good (<15)
1% Rule
0.62%
✗ Fails
Monthly Cash Flow
$598
before debt service
Annual Breakdown
Gross Rental Income$12,360
Less Vacancy−$766
Effective Income$11,594
Less Operating Expenses−$4,416
Net Operating Income$7,178
Sponsored
Analyze Deals Faster with DealCheck
Import any property, get instant investment analysis — cap rates, cash flow, rehab estimates, and offer calculations. Used by 350,000+ investors.
Factor in financing to see your actual return on invested capital in Dublin.
$
$41,250
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-5.45%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$46,200
$41,250 down + $4,950 closing
Monthly Mortgage
$807
on $124K loan
Monthly Cash Flow
$-210
after all expenses
Annual Cash Flow
$-2,517
before taxes
Cash Flow Breakdown
Monthly Rent$1,030
Less Expenses−$433
Less Mortgage−$807
Monthly Cash Flow$-210
Is Dublin a Good Place to Invest in Rental Property?
Dublin, GA has a population of 50,000 and has been growing at 0.9% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $165,000 paired with median rents of $1,030/mo produces an estimated cap rate of 5.30%.
Property taxes at 0.93% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 6.2% is moderate and within normal parameters for a healthy rental market.
At a price-to-income ratio of 3.3x, homes cost about 3.3 times the local median income of $49,350. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 2.9% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.
Bottom line: Dublin presents moderate opportunities. Cap rates near 5.30% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.
Sponsored
Get AI-Powered Property Insights
Homesage.ai analyzes 140 million properties with AI — spot hidden deals, assess property condition, and find investment opportunities. Free to try.