The Cincinnati real estate investment market is stable with a diverse economy. Top employers include Proctor & Gamble, The Cliffs, Fifth Third Bank, General Electric, Great American Financial, and Western & Southern Life Insurance. The market is known for its world class medical facilities such as Cincinnati Children’s Hospitals and the University of Cincinnati Medical. Neighboring Dayton, where the Cincinnati turnkey property team we work with also sells, is home to Wright-Patterson Air Force Base.
The lower price points in Cincinnati make it a good place to invest in real estate for beginning investors who want to “dip their toes in the water” at an accessible price point. Investing in Cincinnati or Dayton, Ohio, is good for cash flow, but home price appreciation can be modest compared to appreciation markets like Charlotte, North Carolina.
Cincinnati Investment Opportunity Quick Facts
This information reflects typical investment properties purchased by RealWealth members in Cincinnati and neighboring Dayton. These numbers are estimates, and the actual property prices and rents will vary based on current inventory.
- Investment Objective: Higher cash flow, lower appreciation
- Types of properties for sale: Rental Resale Single Family Rental Properties; A, B, C neighborhoods; Occasional multi-families
- Average home price: $85,000 – $200,000
- Average monthly rents: $950 – $1,975
Is Cincinnati a Good Place To Invest in Real Estate?
There are a variety of factors that make Cincinnati a good place to invest in real estate today.
- Affordability: The median home price in the Cincinnati metro area is $282,000, which is 22% more affordable than the national average. In the neighborhoods where RealWealth members invest, home prices are even more affordable, ranging from $85,000 to $200,000
- Decent Appreciation: As mentioned above, investing in Cincinnati is ideal for investors prioritizing cash flow over appreciation. However, this metro area saw decent equity growth of 98% between 2014 and 2024. This is 7% higher than the national average.
- Modest Population Growth: Between 2010 and 2023, Cincinnati’s population grew by 6%.
- Considerable Job Growth: In 2023, Cincinnati saw a 2% increase in the number of jobs available, 12% higher than the national average during the same period.
Cincinnati Investment Real Estate for Sale
The turnkey rental property teams we work with in Cincinnati sell renovated single-family homes and occasional multi family properties. Here’s a list of cash flowing turnkey investment properties that are for sale in Cincinnati today.
