RentalCalcs
ToolsMarket MapMy DealsPricingBlog
Start Free
RentalCalcs

Professional real estate investment calculators to help you analyze deals faster and make confident investment decisions.

Product

  • Tools
  • Market Map
  • Pricing
  • Blog
  • About

Legal

  • Terms of Service
  • Privacy Policy
  • Contact

© 2025 RentalCalcs. All rights reserved.

Market MapOhioLicking

Licking County

OhioPopulation: 178,844
60
/100
Buy
#506 of 1,000 counties
#78 in Ohio (88 counties)

Market Snapshot

$327,794
Median Home Price
20% above national median
$1,630/mo
Median Rent
9% above national median
5.97%
Rent-to-Price Ratio
Top 51% nationally
-$659
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$327,794
Down Payment (20%)$65,559
Loan Amount$262,235
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,630
Monthly P&I-$1,718
Est. Expenses (35%)-$570
Net Cash Flow-$659/mo
3.9%
Cap Rate (all cash)
-10.5%
Cash-on-Cash Return
5.97%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.9% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
60/100
60
Cash Flow(30%)
59/100

Based on 5.97% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
65/100

Based on 1.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
67/100

Price-to-income ratio of 4.2x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Complete rent data available

Challenges

  • -Negative cash flow at typical financing (-$659/mo)
  • -Negative leverage (cap rate 3.9% < mortgage rate 6.9%)

Economic Indicators

Population
178,844
Median Income
$78,505
vs $62,400 national est.
Unemployment Rate
—
Data pending
Price-to-Income
4.2x
Moderately affordable

Compare to Nearby Counties

CountyVerdict
WarrenOH
63$395,975$1,9355.86%BuyView
WayneOH
63$254,205$1,1255.31%BuyView
AshlandOH
61$232,439$9034.66%BuyView
CurrentLickingOH
60$327,794$1,6305.97%Buy
PickawayOH
60$318,045$1,4045.30%BuyView
FranklinOH
59$288,459$1,4786.15%HoldView

The Bottom Line

BuyLicking offers solid investment potential with good cash flow or appreciation prospects.

Licking County in Ohio scores 60/100, ranking #506 of 1,000 US counties (top 50%). The 5.97% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow
$-659/mo
Cap Rate
3.9%
Cash-on-Cash
-10.5%

Ready to Analyze a Deal in Licking?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRRHouse HackOwner-occupied strategyMultifamily5+ unit properties
Explore Other Markets