YieldBadger

Cap rate & gross rent multiplier calculator for Greenville, OH

Starts from local data for Greenville, OH (ZIP 45331): a 3-bedroom rent of $914 a month (range $914–$1,350). Every value stays editable.

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Enter a ZIP or address to fill rent. Every value stays editable.

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Property
$
$
%
$
Cap rate
6.58%
Gross rent multiplier
9.92
Gross annual rent
$50,400
NOI (yearly)
$32,880
Cap rate6.58%

How this is calculated

  1. 1Gross annual rent = monthly rent × 12.
  2. 2NOI = gross annual rent × (1 − vacancy %) − operating expenses.
  3. 3Cap rate = NOI ÷ price.
  4. 4GRM = price ÷ gross annual rent.

Neither metric accounts for financing. Use the rental cash flow calculator to see returns with a mortgage.

Frequently asked questions

What rent should I use for a 3-bedroom rental in Greenville, OH?
In ZIP 45331 the typical figure is $914 a month ($914–$1,350); across Greenville's 1 ZIP code it's $914–$1,350, with a median of $914. Check listings for the specific property.