Is Franklin County, OH good for real estate investing?

Franklin County has an investment score of 58/100, rated as "Hold". The county ranks #382 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Franklin?

The rent-to-price ratio in Franklin County is 6.02% annually, which ranks in the 52th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Franklin?

The median home price in Franklin County is $286,021. This ranks #639 in affordability among all US counties.

Can you cash flow on rental properties in Franklin?

Based on median values with 20% down at current rates, a typical rental in Franklin County would generate negative cash flow of $566/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Franklin County

OhioPopulation: 1,318,149

/100

Hold

#382 of 1,000 counties

#63 in Ohio (88 counties)

Market Snapshot

$286,021

Median Home Price

22% above national median

$1,435/mo

Median Rent

5% below national median

6.02%

Rent-to-Price Ratio

Top 48% nationally

-$566

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$286,021

Down Payment (20%)$57,204

Loan Amount$228,817

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,435

Monthly P&I-$1,499

Est. Expenses (35%)-$502

Net Cash Flow-$566/mo

3.9%

Cap Rate (all cash)

-10.3%

Cash-on-Cash Return

6.02%

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 Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

58/100

Cash Flow(30%)

60/100

Based on 6.02% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

52/100

Based on 0.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

70/100

Price-to-income ratio of 4.0x. 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

+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$566/mo)
-Negative leverage (cap rate 3.9% < mortgage rate 6.9%)

Economic Indicators

Population

1,318,149

Median Income

$71,070

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.0x

Moderately affordable

Compare to Nearby Counties

County					Verdict
ClermontOH	64	$316,533	$1,534	5.82%	Buy	View
MuskingumOH	63	$202,550	$1,075	6.37%	Buy	View
WarrenOH	63	$395,975	$1,935	5.86%	Buy	View
VintonOH	61	$172,686	Est. pending	—	Buy	View
LickingOH	60	$327,794	$1,630	5.97%	Buy	View
CurrentFranklinOH	58	$286,021	$1,435	6.02%	Hold

The Bottom Line

HoldFranklin is a neutral market. Consider house hacking or targeting below-market deals.

Franklin County in Ohio scores 58/100, ranking #382 of 1,000 US counties (top 50%). The 6.02% rent-to-price ratio indicates moderate cash flow potential. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-566/mo

Cap Rate

3.9%

Cash-on-Cash

-10.3%

Ready to Analyze a Deal in Franklin?

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

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$286,021

Down Payment (20%)$57,204

Loan Amount$228,817

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,435

Monthly P&I-$1,499

Est. Expenses (35%)-$502

Net Cash Flow-$566/mo

3.9%

Cap Rate (all cash)

-10.3%

Cash-on-Cash Return

6.02%

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 Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

58/100

Cash Flow(30%)

60/100

Based on 6.02% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

52/100

Based on 0.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

70/100

Price-to-income ratio of 4.0x. Lower ratios indicate more affordable markets.

County

Verdict

ClermontOH

$316,533

$1,534

5.82%

Buy

View

MuskingumOH

$202,550

$1,075

6.37%

Buy

View

WarrenOH

$395,975

$1,935

5.86%

Buy

View

VintonOH

$172,686

Est. pending

—

Buy

View

LickingOH

$327,794

$1,630

5.97%

Buy

View

CurrentFranklinOH

$286,021

$1,435

6.02%

Hold

The Bottom Line

HoldFranklin is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-566/mo

Cap Rate

3.9%

Cash-on-Cash

-10.3%