Springfield, OH Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Springfield, OH. Based on 50+ datapoints.
Springfield, OH Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-9.9%
Median Cashflow
-$544/mo
Avg Rent Estimate
$1,789/mo
Avg Price
$285,639
Price Range
$119,000 - $510,600
Rent to Price
0.63%
low ratio
Positive Cashflow
16%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Springfield, OH
Springfield, OH is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, 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 50+ analyzed properties, the median monthly cashflow in Springfield, OH is -$544 with average rents of $1,789/month. Properties range from $119,000 to $510,600, offering entry points across multiple investment budgets.
6365 Springfield Xenia Rd, Springfield, OH 45502
Price
$268,000
Rent
$1,774
CachFlow
-$547
CoC
-11.66
Springfield, OH Rental Market Insights
- •Median cashflow is -$544/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 16% positive cashflow rate, Springfield, OH requires selective property picks
- •Mid-to-upper tier market with properties from $119,000 to $510,600
- •Consider this market if your strategy favors equity growth with rental income covering holding costs