Mount Vernon, OH Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Mount Vernon, OH. Based on 10+ datapoints.
Mount Vernon, OH Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-10.1%
Median Cashflow
-$532/mo
Avg Rent Estimate
$1,933/mo
Avg Price
$318,089
Price Range
$150K – $600K
approximate
Rent to Price
0.61%
low ratio
Positive Cashflow
18%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Mount Vernon, OH
Mount Vernon, OH is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.5%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Mount Vernon, OH is -$532 with average rents of $1,933/month. Properties are priced about $150,000 to $600,000, offering entry points across multiple investment budgets.
13682 Gilchrist Rd, Mount Vernon, OH 43050
Price
$366,500
Rent
$2,111
CachFlow
-$807
CoC
-12.58
14460 McKenzie Rd, Mount Vernon, OH 43050
Price
$578,400
Rent
$2,814
CachFlow
-$1,790
CoC
-17.68
7522 Martinsburg Rd, Mount Vernon, OH 43050
Price
$316,400
Rent
$1,565
CachFlow
-$903
CoC
-16.31
Mount Vernon, OH Rental Market Insights
- Median cashflow is -$532/month — careful deal selection is essential here
- 4.5% median cap rate is typical of appreciation-focused markets
- At 18% positive cashflow rate, Mount Vernon, OH requires selective property picks
- Mid-to-upper tier market with properties priced about $150,000 to $600,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs