HomeInvestor Yield Index

Updated September 18, 2026 · Zillow bottom-tier ZHVI + ZORI metro data

Columbus, OH, Investor Yield Index

Columbus scores 58/100 (grade B) and ranks #16 of 25tracked metros for rental cash flow. At the Columbus metro median of $202,055 renting near$1,521/mo, the estimated DSCR is 0.92 at a 6.80% loan rate,which is below the 1.2 lender minimum.

Median-level estimates from Zillow research data, not a live quote. Run your real numbers below.

30-yr mortgage: 6.80%DSCR loan: 7.75%Hard money: 11.50%Updated Sep 18, 2026, 7:15 AMLive
B

Index 58/100 · rank #16

Cap rate

5.42%

Gross yield

9.03%

Median price

$202,055

DSCR

0.92

Cash-on-cash

-1.60%

Monthly rent

$1,521

GRM

11.07
Below the DSCR line at standard terms. The estimated 0.92 DSCR falls short of the 1.2 minimum at 6.80% and 25% down, so net rent does not fully cover the debt payment. The 58/100 score ranks Columbus #16 of 25 for relative cash flow, a larger down payment or a rate buydown is the usual path to qualify.

Run the numbers on a Columbus deal

Pre-filled with Columbus medians. Adjust price, rent, and rate to your actual deal.

5.42%
Cap rate · DSCR 0.92 · cash-on-cash -1.60%
Gross yield
9.03%
Cap rate
5.42%
NOI / yr
$10,951
Loan amount
$151,541
Monthly P&I
$988
DSCR
0.92
Annual cash flow
-$904
Cash-on-cash
-1.60%
GRM
11.07
Rent / price
0.75%

Assumptions: 25% down + 3% closing costs, 40% opex/vacancy load 30-year amortization. Lenders typically require DSCR ≥ 1.2. Estimates, not a quote.

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Common questions about Columbus

Is Columbus, OH a good market for rental investors in 2026?

On the Investor Yield Index it scores 58/100 (grade B), ranking #16 of 25 tracked metros. The median price is $202,055 with rent around $1,521/mo, producing an estimated 5.42% cap rate and 0.92 DSCR at a 6.80% financing rate. At today's rates few U.S. metros clear positive cash flow on default terms, so the score is best read as where Columbus stands relative to other markets.

What is the cap rate in Columbus?

The model estimates a 5.42% cap rate at the median price-to-rent ratio, assuming a 40% operating-expense load. Your actual cap rate depends on the specific property and expenses.

Will a rental in Columbus qualify for a DSCR loan?

It’s tight. The estimated DSCR of 0.92 is below the typical 1.2 minimum at 6.80%; a larger down payment or rate buydown may be needed to qualify.

Where does the data on this page come from?

Zillow's public research files. Bottom-tier metro ZHVI for home values and metro ZORI for rents, both as of September 2026. Metrics recompute weekly from the raw CSVs.

Markets ranked near Columbus

The closest metros above and below Columbus on the index, plus the top markets for comparison.

See all 25 markets →

Index assumptions, 25% down, a 40% operating-expense load, 30-year amortization, and a 6.80%loan rate. DSCR is net operating income divided by annual debt service, lenders typically want at least 1.2. Cap rate, gross yield, DSCR, and cash-on-cash are weighted 30, 20, 30, and 20 percent. Prices and rents are metro-level medians for relative comparison, not live quotes or investment advice.