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 30+ datapoints.
Springfield, OH Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
5%
Avg Cash on Cash
-8.9%
Median Cashflow
-$295/mo
Avg Rent Estimate
$1,548/mo
Avg Price
$250,835
Price Range
$79,900 - $458,200
Rent to Price
0.62%
low ratio
Positive Cashflow
6%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Springfield, OH
Springfield, OH presents a balanced long-term rental investment profile across 30+ analyzed datapoints. A median 5% cap rate combined with -8.9% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.
Based on 30+ analyzed properties, the median monthly cashflow in Springfield, OH is -$295 with average rents of $1,548/month. Properties range from $79,900 to $458,200, offering entry points across multiple investment budgets.
Springfield, OH Rental Market Insights
- •Median cashflow is -$295/month — careful deal selection is essential here
- •5% median cap rate reflects a balanced risk-return profile
- •At 6% positive cashflow rate, Springfield, OH requires selective property picks
- •Moderately priced market with properties from $79,900 to $458,200