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MarketsOhioSidney

Cap Rate Analysis: Sidney, OH

Investment metrics, interactive calculators, and data-driven analysis for Sidney rental properties.

Market data powered by Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) · Updated Feb 2026

Challenging for pure cash flow
Based on $235,000 median price and $1,290/mo median rent
Est. Cap Rate
3.77%
1% Rule
0.55%
Fails
GRM
15.2x
Price / Income
4.9x

Market Data

Median Home Price$235,000
Median Monthly Rent$1,290
Property Tax Rate1.58%
Population50,000
Population Growth0.2% / yr
Median Household Income$47,711
Vacancy Rate6.7%
Annual Appreciation2.2%

Cap Rate Calculator — Sidney

Pre-filled with Sidney medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
1.58% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
2.99%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$7,015
net operating income
Gross Rent Multiplier
15.2x
High (>15)
1% Rule
0.55%
✗ Fails
Monthly Cash Flow
$585
before debt service
Annual Breakdown
Gross Rental Income$15,480
Less Vacancy−$1,037
Effective Income$14,443
Less Operating Expenses−$7,428
Net Operating Income$7,015
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Cash-on-Cash Return — Sidney

Factor in financing to see your actual return on invested capital in Sidney.

$
$58,750
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-7.31%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$65,800
$58,750 down + $7,050 closing
Monthly Mortgage
$1,149
on $176K loan
Monthly Cash Flow
$-401
after all expenses
Annual Cash Flow
$-4,812
before taxes
Cash Flow Breakdown
Monthly Rent$1,290
Less Expenses−$542
Less Mortgage−$1,149
Monthly Cash Flow$-401

Is Sidney a Good Place to Invest in Rental Property?

Sidney, OH has a population of 50,000 and has been growing at 0.2% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $235,000 paired with median rents of $1,290/mo produces an estimated cap rate of 3.77%.

Property taxes at 1.58% are notably high and represent a significant drag on cash flow — model this expense carefully, as it can make or break a deal. The vacancy rate of 6.7% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 4.9x, homes cost about 4.9 times the local median income of $47,711. This moderate ratio indicates a balanced rent-vs-buy market. Home values have appreciated at roughly 2.2% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: At current median prices, Sidney is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

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