Cash Flow Investing in Toledo, OH

Cash Flow Score: 5.4/10Ranked #5 of 52 markets

Data-driven cash flow analysis for Toledo, OH — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

Cash Flow Score:5.4
Rent-to-Price Ratio(30%)
0.97%6.9
Cap Rate(30%)
9.0%6.8
Low Vacancy(20%)
9.3%3.4
Low Property Taxes(20%)
2.05%3.2

Key Metrics for Cash Flow

Cap Rate

9.0%

Strong

Rent-to-Price

0.97%

Below 1% rule

Vacancy Rate

9.3%

Elevated

Property Tax

2.05%

Above average

Cash Flow Investment Thesis

Toledo offers very low entry prices with solid cap rates, but population decline requires careful tenant screening. Best suited for experienced investors comfortable with property management.

How Toledo Compares

RankCityCash Flow ScoreCap RateMedian Price
#-1Akron, OH5.78.6%$100,000
#0Cleveland, OH5.69.8%$105,000
#1Memphis, TN5.49.2%$130,000
#2Dayton, OH5.48.8%$95,000
#3Birmingham, AL5.48.5%$125,000
#4Huntsville, AL5.47.1%$260,000
#5Toledo, OH5.49.0%$88,000

Showing markets ranked near Toledo for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($850/mo)$10,200
Less: Vacancy (9.3%)-$949
Less: Property Tax (2.05%)-$1,804
Less: Insurance (~0.5%)-$440
Less: Maintenance (~1.5%)-$1,320
Estimated NOI$5,687
Implied Cap Rate6.5%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the cash flow score for Toledo, OH?

Toledo, OH scores 5.4 out of 10 on our cash flow score, ranking #5 out of 52 markets we track. Weighted composite: rent-to-price ratio (30%), cap rate (30%), low vacancy (20%), low property taxes (20%). Scale 0–10.

Is Toledo a good city for cash flow investing?

Yes — Toledo, OH ranks in the top 10 for cash flow investing with a score of 5.4/10. Key factors include a median home price of $88,000, cap rate of 9.0%, and population growth of -3.2%.

What is the average cap rate in Toledo?

The average cap rate in Toledo, OH is 9.0%. The median home price is $88,000 with a median monthly rent of $850, resulting in a rent-to-price ratio of 0.97%.

What are the property taxes in Toledo?

The effective property tax rate in Toledo, OH is 2.05%. On a $88,000 property, that translates to approximately $1,804 per year in property taxes.

How does Toledo compare to other cash flow markets?

Among our 52 tracked markets, Toledo, OH ranks #5 for cash flow investing. It is one of the top-performing markets for this strategy.

Does Toledo meet the 1% rule?

Toledo, OH has a rent-to-price ratio of 0.97%, which falls just below the 1% rule. However, the 1% rule is a rough guideline — individual deals can still cash flow well in this market.

Run Your Own Numbers for Toledo

Use our free calculators pre-filled with Toledo, OH market data, or adjust the numbers for your specific deal.