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

Canfield, OH has a median modeled monthly cash flow of $-1,166 and a median cap rate of 2.4%, on a median sold price of $320,000. Prices changed +6.1% year over year.

What is the average cap rate in Canfield, OH?

The median cap rate across recently sold homes in Canfield, OH is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Canfield, OH?

The median sold price in Canfield, OH is $320,000 (about $175 per square foot).

Investing in Canfield, OH Real Estate

A data-driven snapshot of the Canfield, 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.

$320,000Median sold price

$175Median $/sqft

2.4%Median cap rate

$-1,166Modeled cash flow / mo

+6.1%Appreciation YoY

5.9Months of supply

109Active listings

223Sold (last 12 mo)

What the Canfield numbers say

In Canfield, OH, the median home sold for $320,000 (about $175 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,166 of monthly cash flow. Sold prices moved +6.1% over the past year. Inventory sits at about 5.9 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 Canfield cash-flowing listings

CashFlowRE ranks every for-sale home in Canfield, 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 Canfield deals, or browse the national market data.