Troy, OH Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Troy, OH. Based on 30+ datapoints.
Troy, OH Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4.6%
Avg Cash on Cash
-9.5%
Median Cashflow
-$485/mo
Avg Rent Estimate
$1,988/mo
Avg Price
$321,364
Price Range
$138,400 - $525,400
Rent to Price
0.62%
low ratio
Positive Cashflow
5%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Troy, OH
Troy, OH is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.6%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 30+ analyzed properties, the median monthly cashflow in Troy, OH is -$485 with average rents of $1,988/month. Properties range from $138,400 to $525,400, offering entry points across multiple investment budgets.
Troy, OH Rental Market Insights
- •Median cashflow is -$485/month — careful deal selection is essential here
- •4.6% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Troy, OH requires selective property picks
- •Mid-to-upper tier market with properties from $138,400 to $525,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs