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

Gates Mills, OH has a median modeled monthly cash flow of $-4,936 and a median cap rate of 1.5%, on a median sold price of $620,000. Prices changed +7.1% year over year.

What is the average cap rate in Gates Mills, OH?

The median cap rate across recently sold homes in Gates Mills, OH is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Gates Mills, OH?

The median sold price in Gates Mills, OH is $620,000 (about $242 per square foot).

Investing in Gates Mills, OH Real Estate

A data-driven snapshot of the Gates Mills, 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.

$620,000Median sold price

$242Median $/sqft

1.5%Median cap rate

$-4,936Modeled cash flow / mo

+7.1%Appreciation YoY

9.2Months of supply

23Active listings

30Sold (last 12 mo)

What the Gates Mills numbers say

In Gates Mills, OH, the median home sold for $620,000 (about $242 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-4,936 of monthly cash flow. Sold prices moved +7.1% over the past year. Inventory sits at about 9.2 months of supply — a looser, buyer-friendly market. 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 Gates Mills cash-flowing listings

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