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

Castalia, OH has a median modeled monthly cash flow of $-773 and a median cap rate of 2.9%, on a median sold price of $247,000. Prices changed +4.1% year over year.

What is the average cap rate in Castalia, OH?

The median cap rate across recently sold homes in Castalia, OH is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Castalia, OH?

The median sold price in Castalia, OH is $247,000 (about $140 per square foot).

Investing in Castalia, OH Real Estate

A data-driven snapshot of the Castalia, 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.

$247,000Median sold price

$140Median $/sqft

2.9%Median cap rate

$-773Modeled cash flow / mo

+4.1%Appreciation YoY

6.0Months of supply

16Active listings

32Sold (last 12 mo)

What the Castalia numbers say

In Castalia, OH, the median home sold for $247,000 (about $140 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-773 of monthly cash flow. Sold prices moved +4.1% over the past year. Inventory sits at about 6.0 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 Castalia cash-flowing listings

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