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 40+ datapoints.
Springfield, OH Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
4.6%
Avg Cash on Cash
-9.5%
Median Cashflow
-$359/mo
Avg Rent Estimate
$1,614/mo
Avg Price
$267,370
Price Range
$79,900 - $510,600
Rent to Price
0.6%
low ratio
Positive Cashflow
5%
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 4.6%, typical of moderately priced markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 40+ analyzed properties, the median monthly cashflow in Springfield, OH is -$359 with average rents of $1,614/month. Properties range from $79,900 to $510,600, offering entry points across multiple investment budgets.
3984 Morningside Cir, Springfield, OH 45502
Price
$510,600
Rent
$2,362
CachFlow
-$1,352
CoC
-15.13
Springfield, OH Rental Market Insights
- •Median cashflow is -$359/month — careful deal selection is essential here
- •4.6% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Springfield, OH requires selective property picks
- •Moderately priced market with properties from $79,900 to $510,600
- •Consider this market if your strategy favors equity growth with rental income covering holding costs