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REI Lense

Springfield, OH Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Springfield, OH. Based on 40+ datapoints.

Springfield, OH Mid-Term Rental Investment Snapshot

Based on 40+ mid-term rental datapoints

Median Cap Rate

6.6%

Avg Cash on Cash

-0.9%

Median Cashflow

$39/mo

Avg Rent Estimate

$2,428/mo

Avg Price

$264,658

Price Range

$79,900 - $458,200

Rent to Price

0.92%

okay ratio

Positive Cashflow

54%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Springfield, OH

Springfield, OH presents a balanced mid-term rental profile across 40+ analyzed datapoints. A median 6.6% cap rate combined with -0.9% average cash-on-cash returns make this a solid market for investors blending furnished-rental yield with the operational simplicity of monthly stays at a moderately priced price point.

Across 40+ analyzed properties, Springfield, OH mid-term rental investments show a median monthly cashflow of $39 with average furnished rent estimates of $2,428/month. These figures reflect real property data, not projections.

3984 Morningside Cir, Springfield, OH 45502

Price

$510,600

Rent

$3,543

CachFlow

-$762

CoC

-7.3

Full Analysis

4444 Reno Rd, Springfield, OH 45503

Price

$282,900

Rent

$2,244

CachFlow

-$213

CoC

-3.3

Full Analysis

2917 Mystic Ln, Springfield, OH 45503

Price

$193,900

Rent

$2,502

CachFlow

$357

CoC

7.3

Full Analysis

1776 Appian Way, Springfield, OH 45503

Price

$624,300

Rent

$3,888

CachFlow

-$1,388

CoC

-11.17

Full Analysis

115 Ardmore Rd, Springfield, OH 45504

Price

$332,300

Rent

$2,752

CachFlow

-$231

CoC

-3.16

Full Analysis
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Springfield, OH Mid-Term Rental Market Insights

  • Positive median cashflow of $39/month indicates most investors cover expenses
  • 6.6% median cap rate reflects a balanced risk-return profile
  • 54% positive cashflow rate means roughly half properties are cash-flow positive
  • Moderately priced market with properties from $79,900 to $458,200

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