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

Fairport Harbor, OH has a median modeled monthly cash flow of $-406 and a median cap rate of 4.0%, on a median sold price of $205,250. Prices changed +11.9% year over year.

What is the average cap rate in Fairport Harbor, OH?

The median cap rate across recently sold homes in Fairport Harbor, OH is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fairport Harbor, OH?

The median sold price in Fairport Harbor, OH is $205,250 (about $151 per square foot).

Investing in Fairport Harbor, OH Real Estate

A data-driven snapshot of the Fairport Harbor, 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.

$205,250Median sold price

$151Median $/sqft

4.0%Median cap rate

$-406Modeled cash flow / mo

+11.9%Appreciation YoY

5.7Months of supply

18Active listings

38Sold (last 12 mo)

What the Fairport Harbor numbers say

In Fairport Harbor, OH, the median home sold for $205,250 (about $151 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-406 of monthly cash flow. Sold prices moved +11.9% over the past year. Inventory sits at about 5.7 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 Fairport Harbor cash-flowing listings

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