Property investment in Gelsenkirchen, Germany
2026 Market Data & Investment Analysis
Gross Yield
6.4%
Annual rent / price
Median Home Price
€112,000
As of 2026-Q1
Median Monthly Rent
€600
Per month
Population
256,000
-0.5% / yr (5y avg)
Estimates based on median market data. Actual returns depend on your specific property. Source: ImmoScout24 / Destatis, 2026-Q1.
Calculate your rental yield in Gelsenkirchen
Pre-filled with Gelsenkirchen's median values. Adjust to match your specific property.
Property Details
Total acquisition cost before taxes
HOA, insurance, property management
% of time the property is empty
% of purchase price (e.g. 2% = 2)
Rule of thumb: 1% of purchase price/yr
Results
Gross Rental Yield
6.43%
Net Rental Yield
2.96%
Cap Rate
2.96%
Monthly Cash Flow
€276.67
Annual Cash Flow
€3,320.00
Gelsenkirchen rental market at a glance
Median Home Price — 5-Year Trend
Median Monthly Rent — 5-Year Trend
Gelsenkirchen provides solid rental yields of 6.4%, in line with healthy investment market benchmarks.
Declining population of 0.5% per year may pose risks to long-term rental demand. Investors should focus on established neighborhoods with stable tenant bases.
The vacancy rate of 7.5% is healthy, indicating strong rental demand and limited downtime between tenants.
What type of investment market is Gelsenkirchen?
Gelsenkirchen is a cash flow-focused market where high rental yields can generate strong monthly income. Lower population growth means price appreciation may be limited, making this primarily an income play.
✓ Strengths
- •High gross yield of 6.4% supports strong monthly cash flow
- •Lower entry prices relative to rents reduce upfront capital needed
- •Income-driven returns are less dependent on market timing
! Risks
- •Limited price appreciation potential reduces total return
- •Declining population may increase vacancy risk over time
Key Metrics
How does Gelsenkirchen compare to nearby cities?
Gelsenkirchen vs Essen: 1.0 percentage point difference in gross yield.
| City | Median Price | Median Rent | Gross Yield | Pop. Growth |
|---|---|---|---|---|
| Essen, Nordrhein-Westfalen | €192,000 | €864 | 5.4% | -0.4% |
| Dortmund, Nordrhein-Westfalen | €208,000 | €928 | 5.4% | +0.8% |
| Oberhausen, Nordrhein-Westfalen | €128,000 | €624 | 5.9% | -0.3% |
Common questions about investing in Gelsenkirchen
Is rental investing profitable in Gelsenkirchen?▾
What is the average rental yield in Gelsenkirchen?▾
How does Gelsenkirchen compare to Essen for investors?▾
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