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 20+ datapoints.
Springfield, OH Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.7%
Avg Cash on Cash
-9.4%
Median Cashflow
-$312/mo
Avg Rent Estimate
$1,520/mo
Avg Price
$243,724
Price Range
$79,900 - $382,700
Rent to Price
0.62%
low ratio
Positive Cashflow
8%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Springfield, OH
Springfield, OH is an emerging long-term rental market gaining investor attention. With 20+ properties analyzed, early data shows the market is developing. The median cap rate of 4.7% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 20+ analyzed properties, the median monthly cashflow in Springfield, OH is -$312 with average rents of $1,520/month. Properties range from $79,900 to $382,700, offering entry points across multiple investment budgets.
3734 Lawrenceville Dr, Springfield, OH 45504
Price
$195,000
Rent
$1,448
CachFlow
-$140
CoC
-4.1
Springfield, OH Rental Market Insights
- •Median cashflow is -$312/month — careful deal selection is essential here
- •4.7% median cap rate is typical of appreciation-focused markets
- •At 8% positive cashflow rate, Springfield, OH requires selective property picks
- •Moderately priced market with properties from $79,900 to $382,700
- •Early-stage market data — revisit as more properties are analyzed for stronger signals