Is Licking County, OH good for real estate investing?

Licking County has an investment score of 64/100, rated as "Buy". The county ranks #230 nationally among 1000 counties analyzed.

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

The rent-to-price ratio in Licking County is 6.48% annually, which ranks in the 64th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Licking?

The median home price in Licking County is $329,724. This ranks #727 in affordability among all US counties.

Can you cash flow on rental properties in Licking?

Based on median values with 20% down at current rates, a typical rental in Licking County would generate negative cash flow of $572/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Licking County

OhioPopulation: 178,844

/100

Buy

#230 of 1,000 counties

#52 in Ohio (88 counties)

Market Snapshot

$329,724

Median Home Price

41% above national median

$1,779/mo

Median Rent

18% above national median

6.48%

Rent-to-Price Ratio

Top 36% nationally

-$572

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$329,724

Down Payment (20%)$65,945

Loan Amount$263,779

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,779

Monthly P&I-$1,728

Est. Expenses (35%)-$623

Net Cash Flow-$572/mo

4.2%

Cap Rate (all cash)

-9.1%

Cash-on-Cash Return

6.48%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.2% 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

64/100

Cash Flow(30%)

65/100

Based on 6.48% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

74/100

Based on 2.4% 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 (-$572/mo)
-Negative leverage (cap rate 4.2% < mortgage rate 6.9%)

Economic Indicators

Population

178,844

Median Income

$78,505

vs $57,018 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.2x

Moderately affordable

Compare to Nearby Counties

County					Verdict
HamiltonOH	66	$262,214	$1,516	6.94%	Buy	View
ButlerOH	65	$302,712	$1,506	5.97%	Buy	View
CurrentLickingOH	64	$329,724	$1,779	6.48%	Buy
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

The Bottom Line

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

Licking County in Ohio scores 64/100, ranking #230 of 1,000 US counties (top 30%). The 6.48% 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

$-572/mo

Cap Rate

4.2%

Cash-on-Cash

-9.1%

Ready to Analyze a Deal in Licking?

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$329,724

Down Payment (20%)$65,945

Loan Amount$263,779

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,779

Monthly P&I-$1,728

Est. Expenses (35%)-$623

Net Cash Flow-$572/mo

4.2%

Cap Rate (all cash)

-9.1%

Cash-on-Cash Return

6.48%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.2% 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

64/100

Cash Flow(30%)

65/100

Based on 6.48% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

74/100

Based on 2.4% 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.

County

Verdict

HamiltonOH

$262,214

$1,516

6.94%

Buy

View

ButlerOH

$302,712

$1,506

5.97%

Buy

View

CurrentLickingOH

$329,724

$1,779

6.48%

Buy

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

The Bottom Line

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

Monthly Cash Flow

$-572/mo

Cap Rate

4.2%

Cash-on-Cash

-9.1%