Dayton
Investment Analysis

Dayton, OH
Housing Market Screening

City-level home-price and one-bedroom-rent references with transparent methodology and limitations.

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City-level screening

14.9x

Home price / annualized 1BR rent

Gross annual 1BR-rent reference
6.7%
Recorded YoY field
+2.0%

Not cap rate, ROI, valuation or buy-versus-rent advice. City fields may reflect different source years.

Median Home Price
$143,500
Average Rent (1BR)
$800/mo
Median Income
$45,995
Population
135,507

Housing Screening Context

Dayton has a computed screening multiple of 14.9x and a gross annual 1BR-rent reference of 6.7%.

These values compare separate city-level fields, not one matched property. They exclude financing, taxes, insurance, maintenance, vacancy, transaction costs and tenure horizon.

Recorded year-over-year price change: +2.0%. Source period and forecast assumptions should be reviewed before scenario use.

Read the transparent methodology or open the Housing Research Hub.

Rental Cash Flow Analysis

Monthly Income

Gross Rent $800
Annual Gross $9,600

Est. Monthly Expenses

Property Tax (~1.5%) -$179
Insurance (~0.5%) -$60
Maintenance (~1%) -$120
Est. Net Cash Flow $441/mo

Price Forecast 2026–2028

🔮 Dayton Price Forecast 20262028

Based on 5-year Zillow ZHVI trend analysis · Statistical projection
📈 Upward Trend
PROJECTEDNOW$141K2027$152K 7.4%2028$158K 11.7%20232024Now
$166K$121K
Current
$144K
2026
Projected
$152K
7.4% by 2027
Projected
$158K
11.7% by 2028
5yr CAGR:+4.7%
Confidence:High
R²:0.89

For those evaluating a Dayton housing market forecast through 2028, the numbers suggest a market with remarkable stability and value. With a median home price of $131,330 and a price-to-rent ratio of just 12.0x, the fundamental case for buying remains compelling—especially when compared to the national average of 18x. The area's affordability is a key driver, supported by a diversified local economy anchored by Wright-Patterson Air Force Base and the University of Dayton. While the 1.3% YoY price change indicates a cooling from the 5-year CAGR of 6.4%, this moderation is healthy. For anyone asking will Dayton home prices drop, this slower appreciation suggests a soft landing rather than a correction, preventing the overheating seen in many other U.S. cities.

Looking ahead to the Dayton real estate Dayton 2027 landscape, the market’s low-risk profile (Risk Grade: A) and fast-moving inventory (Days on Market: 24) point to sustained, steady demand. The 5-year price change of 36.8% demonstrates strong underlying momentum that is unlikely to reverse entirely, even with broader economic headwinds. Continued investment in downtown revitalization and infrastructure, coupled with persistent affordability, will likely attract both first-time buyers and investors seeking cash flow. However, potential buyers should remain mindful of interest rate volatility and local job market fluctuations. The forecast is for modest, single-digit growth rather than the rapid gains of the past five years, positioning Dayton as a reliable, long-term hold rather than a speculative hotspot.

Projected Cap Rate (2027)
3.9%
5yr CAGR
+4.7%

Job Market

Unemployment 3.8%
National avg: 3.7%
Job Growth (YoY) +0.8%

Healthcare

74
Score
Good

Risk Factors

High Crime Area

Market Activity

Source: Redfin · 2026-05-31
Sale-to-List 97.0%
Months Supply 3.7
Price Drops 27%
Gone in 2 Wks 53%

Market Position

Affordability Below Avg
Safety Higher Risk

ROI Projector Model an editable scenario

Adjust the sliders to model different investment scenarios for Dayton.

Total ROI
-4%
on $28,700 invested
Annual ROI
-0.9%
compounded
Total Return
-$1,233
appreciation + cashflow
Mo. Cash Flow
-$347
year 1 estimate
Equity Growth Over 5 Years
Y133kY237kY341kY446kY551k
Appreciation
$15,324
Cash Flow
-$16,558
Final Equity
$50,752

* Estimates based on 2.0% annual appreciation, 3% rent growth, 5% vacancy. Does not include closing costs, tax benefits, or capital gains tax. For illustrative purposes only.

Rental Scenario Calculator Estimate your monthly cashflow

Rental Cash-Flow Scenario

Pre-filled for Dayton

Property

Purchase Price$143,500
Monthly Rent$800
Down Payment20%

Financing

Interest Rate6.5%

Expenses

Property Tax1.2%
Insurance (Annual)$1,500
Maintenance Reserve1%
Vacancy Rate5%
Property Management0%
HOA (Monthly)$0
-$354
Modeled Monthly Cash Flow
-$4,244/ year
-14.8%
Cash-on-Cash
3.1%
Cap Rate

Monthly Breakdown

+ Rental Income$800
− Mortgage (P&I)$726
− Property Tax$144
− Insurance$125
− Maintenance$120
− Vacancy Loss$40
= Net Cash Flow-$354

Scenario Summary

Down Payment
$28,700
Loan Amount
$114,800
Total Monthly Expenses
$1,154
Gross Yield
6.7%

Investor Toolkit

Research Dayton before you invest

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be made after consulting with qualified professionals. Data sources include Zillow, Census Bureau, and BLS. Cap rates and yields are estimates based on available data.

Last updated: July 2026