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

Mentor, OH has a median modeled monthly cash flow of $-564 and a median cap rate of 3.9%, on a median sold price of $273,950. Prices changed +2.4% year over year.

What is the average cap rate in Mentor, OH?

The median cap rate across recently sold homes in Mentor, OH is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mentor, OH?

The median sold price in Mentor, OH is $273,950 (about $170 per square foot).

Investing in Mentor, OH Real Estate

A data-driven snapshot of the Mentor, 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.

$273,950Median sold price

$170Median $/sqft

3.9%Median cap rate

$-564Modeled cash flow / mo

+2.4%Appreciation YoY

6.6Months of supply

377Active listings

690Sold (last 12 mo)

What the Mentor numbers say

In Mentor, OH, the median home sold for $273,950 (about $170 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-564 of monthly cash flow. Sold prices moved +2.4% over the past year. Inventory sits at about 6.6 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 Mentor cash-flowing listings

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