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

Mechanicsburg, OH has a median modeled monthly cash flow of $-608 and a median cap rate of 3.2%, on a median sold price of $241,750. Prices changed -17.2% year over year.

What is the average cap rate in Mechanicsburg, OH?

The median cap rate across recently sold homes in Mechanicsburg, OH is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mechanicsburg, OH?

The median sold price in Mechanicsburg, OH is $241,750 (about $149 per square foot).

Investing in Mechanicsburg, OH Real Estate

A data-driven snapshot of the Mechanicsburg, 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.

$241,750Median sold price

$149Median $/sqft

3.2%Median cap rate

$-608Modeled cash flow / mo

-17.2%Appreciation YoY

4.1Months of supply

13Active listings

38Sold (last 12 mo)

What the Mechanicsburg numbers say

In Mechanicsburg, OH, the median home sold for $241,750 (about $149 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-608 of monthly cash flow. Sold prices moved -17.2% over the past year. Inventory sits at about 4.1 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 Mechanicsburg cash-flowing listings

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