Columbus, OH Cap Rate Calculator
Calculate the cap rate (capitalization rate) for any rental property in Columbus. Based on current Columbus market data.
Columbus Market Snapshot
$265,000
$1,350/mo
6.5%
1.8%
$9,239
0.61
Based on median price, 25% down, 6.5% rate, 30-year term.
Run Your Columbus Numbers
Plug in any Columbus property to get Cap Rate, NOI, cash flow, and more.
How Cap Rate Works in Columbus
The Columbus rental market has a median home price of $265,000 and median rent of $1,350/month, which puts the average cap rate (capitalization rate) at roughly 6.5% for a typical single-family rental. That means for every dollar of property value, you can expect about 6.5 cents in annual net income before debt service.
With a 25% down payment ($66,250) and a 6.5% mortgage rate, a median Columbus rental generates roughly $9,239/yr in NOI against $15,072/yr in debt service, giving you a DSCR of 0.61. That's below breakeven at median price — look for deals 15-20% below median or properties with above-average rents.