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

New Franklin, OH has a median modeled monthly cash flow of $-487 and a median cap rate of 4.3%, on a median sold price of $230,000. Prices changed +8.7% year over year.

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

The median cap rate across recently sold homes in New Franklin, OH is 4.3%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in New Franklin, OH is $230,000 (about $182 per square foot).

Investing in New Franklin, OH Real Estate

A data-driven snapshot of the New Franklin, 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.

$230,000Median sold price

$182Median $/sqft

4.3%Median cap rate

$-487Modeled cash flow / mo

+8.7%Appreciation YoY

8.4Months of supply

42Active listings

60Sold (last 12 mo)

What the New Franklin numbers say

In New Franklin, OH, the median home sold for $230,000 (about $182 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-487 of monthly cash flow. Sold prices moved +8.7% over the past year. Inventory sits at about 8.4 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 Franklin cash-flowing listings

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