Explore available listings and evaluate market performance.
Cincinnati, OH Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$1,401
Monthly Cash Flow
-$383
Principal + Equity
$1,652
Annual Total Gain
$15,220
Cash on Cash
-7.46%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$161
Occupancy Rate
54.84%
Monthly Revenue
$2,076
Monthly Cash Flow
-$20
Principal + Equity
$1,652
Annual Total Gain
$19,582
Cash on Cash %
-0.38%
Net ROI %
Market Health & Growth
Median Income
$51,707
Population
309,595
LTR Renter %
61.07%
Forecast (1 yr)
2.15%
Appreciation (1 yr)
1.2%
Appreciation (5 yr)
40.11%
Appreciation (10 yr)
98.95%
Job Growth
0.35%
LTR Rentability
Very Low
STR Demand
50
STR Rentals
2,239
Top Public Schools
AWalnut Hills High School
AMariemont Elementary School
A-
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B
Overall
Top-level market grade
Most Diverse Cities in America
#85out of 229 markets
Best Cities for Young Professionals in America
#47out of 229 markets
Cities with the Lowest Cost of Living in America
#80out of 229 markets
C
Public School
D
Crime And Safety
C
Housing
A
Nightlife
B
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Cincinnati, OH.
In Cincinnati, OH, Short Term Rentals (STRs) are regulated by the city's Department of Buildings and Inspections. Before investing in purchasing a property for STR purposes in Cincinnati, there are several regulations that an investor should be aware of:
1. Zoning Regulations: Cincinnati has specific zoning regulations that dictate where STRs are allowed to operate. It is important to ensure that the property you are considering purchasing is located in a zone that permits short term rentals.
2. Licensing and Permits: In order to operate a STR in Cincinnati, property owners must obtain a Short Term Rental License from the city. This license requires an annual fee and compliance with certain safety and health regulations.
3. Occupancy Limits: Cincinnati has occupancy limits for STRs, which vary depending on the size of the property. It is important to ensure that the property you are considering purchasing complies with these occupancy limits.
4. Taxation: Property owners who operate STRs in Cincinnati are required to collect and remit both state and local occupancy taxes. It is important to factor in these taxes when considering the financial viability of investing in a property for STR purposes.
5. Noise and Nuisance Regulations: Cincinnati has noise and nuisance regulations that apply to all properties, including STRs. Property owners must ensure that their guests comply with these regulations to avoid fines or penalties.
6. Insurance Requirements: Property owners who operate STRs in Cincinnati are required to carry liability insurance to protect against any potential damages or accidents that may occur on the property.
Overall, it is important for investors to thoroughly research and understand the regulations and requirements for operating a Short Term Rental in Cincinnati before purchasing a property for this purpose. Failure to comply with these regulations can result in fines, penalties, or even the shutdown of the STR operation.
Market Trends Over Time
Explore 25 years of market data for Cincinnati, OH, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Cincinnati, OH.
The LTR Genie Score of Cincinnati, OH is 61 and STR Genie Score is 66, indicating a moderate to high level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is very low, which may be attributed to the low LTR Rent Growth Rate of 0.059%. However, the LTR Net ROI of 24.7% and STR Net ROI of 31.79% suggest that there is potential for good returns in both rental strategies. The 1-Year Price Appreciation Forecast of 2.15% indicates a stable market with potential for growth. The STR Occupancy rate of 54.84% and STR Revenue of 2076 also show a strong demand for short-term rentals in the area.
Cincinnati, OH is a diverse city with a strong job market, making it an attractive location for real estate investors. The city offers a mix of urban and suburban neighborhoods, providing a variety of investment opportunities for both long-term and short-term rental properties.
In conclusion, Cincinnati, OH presents a promising market for both long-term and short-term rental investments. With moderate to high Genie Scores in both categories and favorable ROI metrics, investors may find success in either strategy. It is recommended to conduct further research on specific neighborhoods and property types to determine the best investment approach for individual goals and preferences.
LTR Genie Score 93
$269,000
🛏 6 Beds🛁 3.0000 Baths🏙 4,631 sqft.🏠 SINGLE FAMILY
