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

Mount Vernon, OH has a median modeled monthly cash flow of $-815 and a median cap rate of 3.0%, on a median sold price of $248,950. Prices changed +5.5% year over year.

What is the average cap rate in Mount Vernon, OH?

The median cap rate across recently sold homes in Mount Vernon, OH is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mount Vernon, OH?

The median sold price in Mount Vernon, OH is $248,950 (about $163 per square foot).

Investing in Mount Vernon, OH Real Estate

A data-driven snapshot of the Mount Vernon, 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.

$248,950Median sold price

$163Median $/sqft

3.0%Median cap rate

$-815Modeled cash flow / mo

+5.5%Appreciation YoY

6.1Months of supply

167Active listings

326Sold (last 12 mo)

What the Mount Vernon numbers say

In Mount Vernon, OH, the median home sold for $248,950 (about $163 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-815 of monthly cash flow. Sold prices moved +5.5% over the past year. Inventory sits at about 6.1 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 Mount Vernon cash-flowing listings

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