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

Elida, OH has a median modeled monthly cash flow of $-706 and a median cap rate of 3.1%, on a median sold price of $244,500. Prices changed -2.6% year over year.

What is the average cap rate in Elida, OH?

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

What is the median home price in Elida, OH?

The median sold price in Elida, OH is $244,500 (about $150 per square foot).

Investing in Elida, OH Real Estate

A data-driven snapshot of the Elida, 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.

$244,500Median sold price

$150Median $/sqft

3.1%Median cap rate

$-706Modeled cash flow / mo

-2.6%Appreciation YoY

4.9Months of supply

31Active listings

76Sold (last 12 mo)

What the Elida numbers say

In Elida, OH, the median home sold for $244,500 (about $150 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-706 of monthly cash flow. Sold prices moved -2.6% over the past year. Inventory sits at about 4.9 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 Elida cash-flowing listings

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