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

Lakewood, OH has a median modeled monthly cash flow of $-1,019 and a median cap rate of 2.5%, on a median sold price of $343,500. Prices changed +5.2% year over year.

What is the average cap rate in Lakewood, OH?

The median cap rate across recently sold homes in Lakewood, OH is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lakewood, OH?

The median sold price in Lakewood, OH is $343,500 (about $201 per square foot).

Investing in Lakewood, OH Real Estate

A data-driven snapshot of the Lakewood, 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.

$343,500Median sold price

$201Median $/sqft

2.5%Median cap rate

$-1,019Modeled cash flow / mo

+5.2%Appreciation YoY

4.5Months of supply

219Active listings

588Sold (last 12 mo)

What the Lakewood numbers say

In Lakewood, OH, the median home sold for $343,500 (about $201 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,019 of monthly cash flow. Sold prices moved +5.2% over the past year. Inventory sits at about 4.5 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 Lakewood cash-flowing listings

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