Is Mentor-on-the-Lake, OH a good place to invest in rental property?

Mentor-on-the-Lake, OH has a median modeled monthly cash flow of $-334 and a median cap rate of 4.5%, on a median sold price of $234,900. Prices changed +14.2% year over year.

What is the average cap rate in Mentor-on-the-Lake, OH?

The median cap rate across recently sold homes in Mentor-on-the-Lake, OH is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mentor-on-the-Lake, OH?

The median sold price in Mentor-on-the-Lake, OH is $234,900 (about $180 per square foot).

Investing in Mentor-on-the-Lake, OH Real Estate

A data-driven snapshot of the Mentor-on-the-Lake, 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.

$234,900Median sold price

$180Median $/sqft

4.5%Median cap rate

$-334Modeled cash flow / mo

+14.2%Appreciation YoY

4.1Months of supply

29Active listings

85Sold (last 12 mo)

What the Mentor-on-the-Lake numbers say

In Mentor-on-the-Lake, OH, the median home sold for $234,900 (about $180 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-334 of monthly cash flow. Sold prices moved +14.2% 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 Mentor-on-the-Lake cash-flowing listings

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