ZIP CODE 45011 // CINCINNATI, OH-KY-IN // DATA AS OF 2026-09-30
Hamilton, OH (45011) Rental Property Cap Rate & Cash Flow Report
Located in Butler County (Hamilton, OH), Zip Code 45011 ranks #216 of 500 within this selected sample (57th percentile) with a Zillow ZHVI typical home-value index of $370,767 (+3.1% YoY) and a ZORI observed market rent of $1,831/mo (+3.1% YoY). Requires at least 55.8% 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
-$838/mo
Annual: -$10,056/yr
Modeled Cap Rate
3.36%
NOI: $12,442/yr
Cash-on-Cash Return
-11.79%
Cash Needed: $85,276
1% Rule Ratio
0.49%
Gross Yield: 5.93%
Break-Even Rent
$2,794/mo
State Tax: 1.30%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 45011 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (OH Avg 1.30%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,875/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$794/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (45011)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2022 | $316,467 | $1,407/mo | 5.34% |
| 2023 | $330,520 | $1,477/mo | 5.36% |
| 2024 | $344,410 | $1,714/mo | 5.97% |
| 2025 | $359,466 | $1,775/mo | 5.93% |
| 2026 | $370,767 | $1,831/mo | 5.93% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 44256 Medina, OH | $381,694 | $1,929/mo | 3.48% | -$824/mo |
| 43123 Grove City, OH | $330,582 | $1,556/mo | 3.11% | -$814/mo |
| 43081 Westerville, OH | $352,515 | $1,616/mo | 2.99% | -$905/mo |
| 43130 Lancaster, OH | $273,715 | $1,226/mo | 2.88% | -$728/mo |
| 43055 Newark, OH | $249,856 | $1,420/mo | 4.13% | -$403/mo |
| 43026 Hilliard, OH | $375,833 | $1,551/mo | 2.51% | -$1,115/mo |