Oz Realty

Call us at (419) 740-6089

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F@#$ THE REST
OZ REALTY IS THE BEST

Outstanding property management services in Cincinnati

About Cincinnati

Cincinnati, also known as the Queen City and Greater Cincinnati, has a population of 305,427 residents. While the city’s metropolitan area has 2.26 million residents. This makes Cincinnati one of the biggest metropolitan regions in Ohio.

Cincinnati is affordable and has a wealth of job opportunities in industries such as technology, business, and manufacturing. With this diverse range of jobs available, more people have flocked to the city. As a result, this has increased the demand for rentals. The heightened demand provides an ideal opportunity for investors interested in buying Cincinnati properties.

Cincinnati residents also have access to quality, affordable homes and an array of recreational spots. The city was ranked 50th as one of the best places to live by the US News and World Report and holds the 32nd spot for one of the best places to retire.

Population Growth

2,260,000

People reside in the Cincinnati metropolitan area

12%

The population increased by approximately 12% since the 2000 census

30th

Cincinnati is the 30th largest metropolitan area in the nation

3000 residents

Warren County’s population increased by approximately 3000 residents in 2022

Job Market

Cincinnati has a wide variety of industries for interested job-seekers. The city is a hub for careers that include industries such as advanced manufacturing, management, science, and art. Cincinnati is also filled with various companies on the Fortune 500 list including Kroger and Procter & Gamble. Healthcare workers are also in high demand with many hospitals actively recruiting. Additionally, Cincinnati’s comprehensive library system consists of over 40 branches. This also offers a range of employment opportunities in clerical, technical, and service positions.

1.33%

Employment in Cincinnati increased by 1.33% in 2021

$28.23

The average hourly wage in Cincinnati was $28.23 

Unemployment Rate

The unemployment rate in Cincinnati is 3.7% as of October 2023

Real Estate Market

Based on Cincinnati’s strong market performance last year, Zillow has predicted that the city will become the second-strongest real estate market in the nation. This means the real estate landscape in the city will become more competitive. To accommodate the growing population and satisfy rental demands, there are more residential developments underway. This presents the opportunity for investors to buy homes to rent, expand their portfolios, and increase their profits.

11 days

Cincinnati homes usually sell after 11 days compared to 45 days later

331 homes

In November 2023, 331 Cincinnati homes were sold

$256.5K

Median listing price of a Cincinnati home

Cincinnati Renters' Market

Cincinnati’s rental market remains one of the most competitive in the United States. Statistics have shown that approximately 61% of the city’s population opt to rent instead of own properties.

Rental prices in Cincinnati have significantly increased in recent years. According to Zillow, the city observed the highest annual growth in the United States. As of May 2023, Cincinnati had a 7.9% surge in rental prices. The hike in rental prices isn’t attributed to a single factor. Rather, varying factors have contributed to the increase such as inflation and rising interest rates. 

The high rental prices have increased the demand for more affordable housing options. Reports suggest, however, that the increasing pace of rent should slow down this year.

$1300

Average rent for a Cincinnati property in 2024

7.9%

In May 2023, there was a 7.9% increase in rental prices 

85,144

85,144 Cincinnati households are renter-occupied

Learn More About Oz Realty

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Learn More About Our Superior Property Management Services in Toledo

Established as a subsidiary company to Ohio Cashflow, Oz Realty is widely recognized as a top-rated property management company in Toledo. From the very beginning, our team has always excelled at working with out-of-state investors. Fast forward to the present, we have over ten years of Toledo property management experience and a track record consisting of thousands of investors.

Over 90% of our clients trust us with their properties without visiting Toledo, Ohio. This is a testament to our reputation for delivering outstanding service.

2014

Founded in

400+

# Of Properties Managed

5%

Avg. Vacancy Rate

4 Weeks

Avg. Time to Find a Tenant

10+

# of Employees

4.4

Google Rating

Reviews

We have 2 rental properties in Toledo and Oz Realty has been an excellent partner to manage and maintain them. Communication is good and while no one likes paying for maintenance, I feel their service costs are excellent. Looking forward to adding another rental in Toledo and having Oz Realty manage it.

Richard Palmer

I am a first time out of state investor and chose Oz Realty due to their professionalism and promptness. I researched tenant and landlord reviews and decided to go with them due to their proven track record of performance. They held my hand through the purchasing process and my property was rented after rehab. They are truly a hands off Turnkey provider.

W J

Oz has been a great company to rent through and work with. They have been very understanding and accommodating of my needs. After moving to Toledo and having a less than preferable experience, with a rental company I will not mention, Oz has been a great partner to rent through. I highly recommend.

Gregory Shaw

Oz Property Management is TOP NOTCH, VERY responsive and they keep you up to date with everything going on with your property. They work hard trying to ensure you get quality tenants and take care of problems quickly and efficiently.

Daniel

I can’t recommend them highly enough. I’ve had really good experiences with them and feel that they are really on the ball. They are always eager to help you out if you have any questions and I feel like they are really honest people dealing in an ethical manner. I really feel like I have a personal relationship with the people I talk to. Awesome experience!

Mark Wheeler

Extremely trustworthy company backed by solid ethics and morals. So happy to have worked with Oz Realty and their outstanding team!

John Mesa