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

New California, OH has a median modeled monthly cash flow of $-1,613 and a median cap rate of 3.0%, on a median sold price of $584,415. Prices changed -1.8% year over year.

What is the average cap rate in New California, OH?

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

What is the median home price in New California, OH?

The median sold price in New California, OH is $584,415 (about $213 per square foot).

Investing in New California, OH Real Estate

A data-driven snapshot of the New California, 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.

$584,415Median sold price

$213Median $/sqft

3.0%Median cap rate

$-1,613Modeled cash flow / mo

-1.8%Appreciation YoY

16.6Months of supply

83Active listings

60Sold (last 12 mo)

What the New California numbers say

In New California, OH, the median home sold for $584,415 (about $213 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,613 of monthly cash flow. Sold prices moved -1.8% over the past year. Inventory sits at about 16.6 months of supply — a looser, buyer-friendly market. 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 New California cash-flowing listings

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