What's a good cap rate in Dayton?

In Dayton, cap rates typically run around 8.5% (Ohio state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Dayton deal lands versus this benchmark.

What's the average rent for a rental in Dayton?

A typical rental in Dayton runs about $1,273–$1,651/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Ohio?

Ohio's effective property tax rate is about 1.59% of value per year — the figure TrueCap applies by default for Dayton deals. You can override it with the exact local rate.

Dayton, OH

Dayton rental property analysis

Dayton is a deep-value cash-flow market anchored by Wright-Patterson AFB — low prices and healthy rents for yield-focused buyers.

Dayton market snapshot

Cash-flow market

Higher typical cap rates — built for monthly cash flow more than price growth.

Typical cap rate

8.5%

Ohio state median

Typical rent

$1,273–$1,651/mo

HUD FMR · 2–3BR · 2026

Typical price

$130,000–$210,000

est., all-in

Property tax

1.59%

Ohio effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Dayton a good place to buy rentals?

Strong cash-on-cash with a stable federal-employment anchor. Appreciation is modest and stock is older, so reserve honestly for capex.

See the full Ohioinvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Dayton

Kettering

Suburb, stable, owner-occupant-grade tenants.

Huber Heights

Family renters near the base, low vacancy.

Riverside

Affordable, strong cash flow, value-add.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Dayton deal in 60 seconds

Paste a Dayton address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Ohio tax and HUD rent so you start from the right assumptions.

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