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

Independence, OH has a median modeled monthly cash flow of $-2,831 and a median cap rate of 1.1%, on a median sold price of $337,500. Prices changed +11.1% year over year.

What is the average cap rate in Independence, OH?

The median cap rate across recently sold homes in Independence, OH is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Independence, OH?

The median sold price in Independence, OH is $337,500 (about $210 per square foot).

Investing in Independence, OH Real Estate

A data-driven snapshot of the Independence, 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.

$337,500Median sold price

$210Median $/sqft

1.1%Median cap rate

$-2,831Modeled cash flow / mo

+11.1%Appreciation YoY

7.6Months of supply

34Active listings

54Sold (last 12 mo)

What the Independence numbers say

In Independence, OH, the median home sold for $337,500 (about $210 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-2,831 of monthly cash flow. Sold prices moved +11.1% over the past year. Inventory sits at about 7.6 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 Independence cash-flowing listings

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