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 50+ datapoints.
Springfield, OH Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
4.6%
Avg Cash on Cash
-9.1%
Median Cashflow
-$322/mo
Avg Rent Estimate
$1,626/mo
Avg Price
$271,676
Price Range
$79,900 - $521,900
Rent to Price
0.6%
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 primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.6%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 50+ analyzed properties, the median monthly cashflow in Springfield, OH is -$322 with average rents of $1,626/month. Properties range from $79,900 to $521,900, offering entry points across multiple investment budgets.
3842 Quailhollow Ct, Springfield, OH 45502
Price
$356,200
Rent
$1,915
CachFlow
-$800
CoC
-12.83
Springfield, OH Rental Market Insights
- •Median cashflow is -$322/month — careful deal selection is essential here
- •4.6% median cap rate is typical of appreciation-focused markets
- •At 8% positive cashflow rate, Springfield, OH requires selective property picks
- •Mid-to-upper tier market with properties from $79,900 to $521,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs