ZIP CODE 43015 // COLUMBUS, OH // DATA AS OF 2026-09-30
Delaware, OH (43015) Rental Property Cap Rate & Cash Flow Report
Located in Delaware County (Delaware, OH), Zip Code 43015 ranks #393 of 500 within this selected sample (22th percentile) with a Zillow ZHVI typical home-value index of $413,489 (+0.6% YoY) and a ZORI observed market rent of $1,616/mo (+1.8% YoY). Requires at least 69.9% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,305/mo
Annual: -$15,661/yr
Modeled Cap Rate
2.28%
NOI: $9,429/yr
Cash-on-Cash Return
-16.47%
Cash Needed: $95,102
1% Rule Ratio
0.39%
Gross Yield: 4.69%
Break-Even Rent
$3,116/mo
State Tax: 1.30%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 43015 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (OH Avg 1.30%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,091/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$830/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (43015)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $339,224 | $1,260/mo | 4.46% |
| 2022 | $386,466 | $1,412/mo | 4.38% |
| 2023 | $392,814 | $1,453/mo | 4.44% |
| 2024 | $401,526 | $1,527/mo | 4.56% |
| 2025 | $411,169 | $1,588/mo | 4.63% |
| 2026 | $413,489 | $1,616/mo | 4.69% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 43026 Hilliard, OH | $375,833 | $1,551/mo | 2.51% | -$1,115/mo |
| 43130 Lancaster, OH | $273,715 | $1,226/mo | 2.88% | -$728/mo |
| 43081 Westerville, OH | $352,515 | $1,616/mo | 2.99% | -$905/mo |
| 43123 Grove City, OH | $330,582 | $1,556/mo | 3.11% | -$814/mo |
| 45011 Hamilton, OH | $370,767 | $1,831/mo | 3.36% | -$838/mo |
| 44256 Medina, OH | $381,694 | $1,929/mo | 3.48% | -$824/mo |