ZIP CODE 43055 // COLUMBUS, OH // DATA AS OF 2026-09-30
Newark, OH (43055) Rental Property Cap Rate & Cash Flow Report
Located in Licking County (Newark, OH), Zip Code 43055 ranks #126 of 500 within this selected sample (75th percentile) with a Zillow ZHVI typical home-value index of $249,856 (+3.4% YoY) and a ZORI observed market rent of $1,420/mo (+6.7% YoY). Requires at least 45.5% 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
-$403/mo
Annual: -$4,833/yr
Modeled Cap Rate
4.13%
NOI: $10,328/yr
Cash-on-Cash Return
-8.41%
Cash Needed: $57,467
1% Rule Ratio
0.57%
Gross Yield: 6.82%
Break-Even Rent
$1,883/mo
State Tax: 1.30%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 43055 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (OH Avg 1.30%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$1,263/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$559/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (43055)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2022 | $209,453 | $1,127/mo | 6.46% |
| 2023 | $225,721 | $1,158/mo | 6.16% |
| 2024 | $238,381 | $1,243/mo | 6.26% |
| 2025 | $241,666 | $1,330/mo | 6.60% |
| 2026 | $249,856 | $1,420/mo | 6.82% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 43228 Columbus, OH | $218,961 | $1,277/mo | 4.29% | -$325/mo |
| 44060 Mentor, OH | $277,851 | $1,683/mo | 4.52% | -$358/mo |
| 44256 Medina, OH | $381,694 | $1,929/mo | 3.48% | -$824/mo |
| 45011 Hamilton, OH | $370,767 | $1,831/mo | 3.36% | -$838/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 |