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 75+ datapoints.
Springfield, OH Long-Term Rental Investment Snapshot
Based on 75+ long-term rental datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-11.1%
Median Cashflow
-$552/mo
Avg Rent Estimate
$1,758/mo
Avg Price
$269,549
Price Range
$87,800 - $499,900
Rent to Price
0.65%
low ratio
Positive Cashflow
14%
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 75+ analyzed datapoints. A median 4.2% cap rate combined with -11.1% 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 75+ analyzed properties, the median monthly cashflow in Springfield, OH is -$552 with average rents of $1,758/month. Properties range from $87,800 to $499,900, offering entry points across multiple investment budgets.
5782 Whispering Wind Dr, Springfield, OH 45504
Price
$391,000
Rent
$1,992
CachFlow
-$1,285
CoC
-18.78
4690 S Tecumseh Rd, Springfield, OH 45502
Price
$580,800
Rent
$2,249
CachFlow
-$2,133
CoC
-20.99
2691 Prestwick Village Cir #2691, Springfield, OH 45503
Price
$308,300
Rent
$2,027
CachFlow
-$955
CoC
-17.7
Springfield, OH Rental Market Insights
- •Median cashflow is -$552/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 14% positive cashflow rate, Springfield, OH requires selective property picks
- •Moderately priced market with properties from $87,800 to $499,900