Updated 2026 · Based on median market data for Findlay, OH
Findlay sits in the Midwest with a population of 50,000 growing at 0.2% annually. The median home costs $230,000 while rents average $1,260/mo, producing an estimated cap rate of 3.75%. Cash flow investing here requires creative strategies like BRRRR or value-add approaches.
Findlay works best for experienced investors with a clear strategy — Section 8, student housing, or deep value-add rehabs. The 3.75% cap rate at median prices is tight, so success depends on buying below market, forcing appreciation through renovation, or accessing above-market rent streams through niche tenant bases.
Target properties priced 15-25% below the $230,000 median — around $184,000 or less. At this price point with $1,260/mo rents, your cap rate improves to roughly 5.3%. Factor in 1.58% property taxes ($3,634/yr), budget 5% of gross rent for maintenance, and underwrite to a 6.7% vacancy rate. On a 20% down conventional loan at 7%, monthly PITI will run approximately $1,626.
Property taxes at 1.58% are notably high — this is a significant drag on NOI that some investors underestimate. Every deal should be evaluated individually using our calculator tools. Median data provides a starting point; actual returns depend on the specific property, financing, and your management approach.
Run the numbers on a specific Findlay property using our cap rate calculator (pre-filled with Findlay data). Compare Findlay against similar markets in the Midwest region. If you're considering a value-add approach, try our BRRRR calculator to model a rehab scenario.
Findlay vs Ohio state average and national average across key investment metrics. Findlay's cap rate is below both benchmarks — deal sourcing is critical here.