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REI Lense

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 10+ datapoints.

Springfield, OH Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

4.6%

Avg Cash on Cash

-9.2%

Median Cashflow

-$326/mo

Avg Rent Estimate

$1,434/mo

Avg Price

$238,433

Price Range

$159,900 - $357,900

Rent to Price

0.6%

low ratio

Positive Cashflow

0%

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 10+ properties analyzed, early data shows the market is developing. The median cap rate of 4.6% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 10+ analyzed properties, the median monthly cashflow in Springfield, OH is -$326 with average rents of $1,434/month. Properties range from $159,900 to $357,900, offering entry points across multiple investment budgets.

4642 Laredo St, Springfield, OH 45503

Price

$217,400

Rent

$1,505

CachFlow

-$287

CoC

-7.54

Full Analysis

2865 Dawn Ln, Springfield, OH 45503

Price

$215,800

Rent

$1,409

CachFlow

-$312

CoC

-8.26

Full Analysis

422 Sherwood Park Dr, Springfield, OH 45505

Price

$233,300

Rent

$1,664

CachFlow

-$194

CoC

-4.75

Full Analysis

2945 Ashlar Dr, Springfield, OH 45503

Price

$269,900

Rent

$1,489

CachFlow

-$516

CoC

-10.92

Full Analysis

1925 Sunset Ave, Springfield, OH 45505

Price

$209,900

Rent

$1,525

CachFlow

-$141

CoC

-3.84

Full Analysis
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Springfield, OH Rental Market Insights

  • Median cashflow is -$326/month — careful deal selection is essential here
  • 4.6% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Springfield, OH requires selective property picks
  • Moderately priced market with properties from $159,900 to $357,900
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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