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

Eastlake, OH has a median modeled monthly cash flow of $-299 and a median cap rate of 4.7%, on a median sold price of $200,000. Prices changed +3.5% year over year.

What is the average cap rate in Eastlake, OH?

The median cap rate across recently sold homes in Eastlake, OH is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Eastlake, OH?

The median sold price in Eastlake, OH is $200,000 (about $161 per square foot).

Investing in Eastlake, OH Real Estate

A data-driven snapshot of the Eastlake, 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.

$200,000Median sold price

$161Median $/sqft

4.7%Median cap rate

$-299Modeled cash flow / mo

+3.5%Appreciation YoY

6.1Months of supply

105Active listings

207Sold (last 12 mo)

What the Eastlake numbers say

In Eastlake, OH, the median home sold for $200,000 (about $161 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-299 of monthly cash flow. Sold prices moved +3.5% over the past year. Inventory sits at about 6.1 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 Eastlake cash-flowing listings

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