Cincinnati, OH-KY-IN · Indiana

Franklin County

ZIP 47012

22,929 residents59 permits TTM$79,702 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$236,700

ACS 5-Year

Cap rate proxy

6.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

12.1%

HUD FMR ÷ ACS HHI

Net migration

+1.60%

IRS SOI

Permits (TTM)

59

Census BPS

Climate risk

34.2

FEMA NRI (0–100)

ZIP 47012

Median home value

$264,607

Gross yield

4.7%

Cap rate

3.6%

Rent gap

22.0%

Affordability

P/I: 3.3R/I:

Section 8 detail

SAFMR: $1,030Rent: $803Gap: 28.3%
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
470244.1%40.6%
470354.1%40.6%
470104.1%40.6%
470303.8%40.6%
470164.1%40.6%

Ranked by composite score

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Demographics

Owner-occupied

81.5%

Census ACS

Vacancy rate

6.3%

Census ACS

Bachelor's degree +

19.5%

Census ACS

Rent burdened

30.9%

Census ACS (>30% income)

Median age

42.3

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026