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Cap Rate Analysis: Youngstown, OH

Investment metrics, interactive calculators, and data-driven analysis for Youngstown rental properties.

Moderate — source deals carefully
Based on $95,000 median price and $720/mo median rent
Est. Cap Rate
5.92%
1% Rule
0.76%
Fails
GRM
11.0x
Price / Income
3.1x

Market Data

Median Home Price$95,000
Median Monthly Rent$720
Property Tax Rate1.6%
Population62,000
Population Growth-0.5% / yr
Median Household Income$30,800
Vacancy Rate8.5%
Annual Appreciation1.5%

Cap Rate Calculator — Youngstown

Pre-filled with Youngstown medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
1.6% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
4.67%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$4,438
net operating income
Gross Rent Multiplier
11.0x
Good (<15)
1% Rule
0.76%
✗ Fails
Monthly Cash Flow
$370
before debt service
Annual Breakdown
Gross Rental Income$8,640
Less Vacancy−$734
Effective Income$7,906
Less Operating Expenses−$3,468
Net Operating Income$4,438

Cash-on-Cash Return — Youngstown

Factor in financing to see your actual return on invested capital in Youngstown.

$
$23,750
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-2.10%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$26,600
$23,750 down + $2,850 closing
Monthly Mortgage
$464
on $71K loan
Monthly Cash Flow
$-46
after all expenses
Annual Cash Flow
$-558
before taxes
Cash Flow Breakdown
Monthly Rent$720
Less Expenses−$302
Less Mortgage−$464
Monthly Cash Flow$-46

Is Youngstown a Good Place to Invest in Rental Property?

Youngstown, OH has a population of 62,000 and has been growing at -0.5% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $95,000 paired with median rents of $720/mo produces an estimated cap rate of 5.92%.

Property taxes at 1.6% are notably high and represent a significant drag on cash flow — model this expense carefully, as it can make or break a deal. The vacancy rate of 8.5% runs above average, which increases cash flow volatility and warrants conservative underwriting.

At a price-to-income ratio of 3.1x, homes cost about 3.1 times the local median income of $30,800. This relatively affordable ratio suggests a deep pool of renters who find buying out of reach, supporting rental demand. Home values have appreciated at roughly 1.5% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.

Bottom line: Youngstown presents moderate opportunities. Cap rates near 5.92% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.

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