Is Canal Winchester, OH a good place to invest in rental property?

Canal Winchester, OH has a median modeled monthly cash flow of $-1,047 and a median cap rate of 3.1%, on a median sold price of $394,990. Prices changed +1.0% year over year.

What is the average cap rate in Canal Winchester, OH?

The median cap rate across recently sold homes in Canal Winchester, OH is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Canal Winchester, OH?

The median sold price in Canal Winchester, OH is $394,990 (about $194 per square foot).

Investing in Canal Winchester, OH Real Estate

A data-driven snapshot of the Canal Winchester, OH rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$394,990Median sold price

$194Median $/sqft

3.1%Median cap rate

$-1,047Modeled cash flow / mo

+1.0%Appreciation YoY

6.8Months of supply

150Active listings

263Sold (last 12 mo)

What the Canal Winchester numbers say

In Canal Winchester, OH, the median home sold for $394,990 (about $194 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,047 of monthly cash flow. Sold prices moved +1.0% over the past year. Inventory sits at about 6.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Ohio markets to compare

See Canal Winchester cash-flowing listings

CashFlowRE ranks every for-sale home in Canal Winchester, OH by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Canal Winchester deals, or browse the national market data.