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

New Lexington, OH has a median modeled monthly cash flow of $-597 and a median cap rate of 3.0%, on a median sold price of $195,950. Prices changed +4.1% year over year.

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

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

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

The median sold price in New Lexington, OH is $195,950 (about $151 per square foot).

Investing in New Lexington, OH Real Estate

A data-driven snapshot of the New Lexington, 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.

$195,950Median sold price

$151Median $/sqft

3.0%Median cap rate

$-597Modeled cash flow / mo

+4.1%Appreciation YoY

5.9Months of supply

39Active listings

80Sold (last 12 mo)

What the New Lexington numbers say

In New Lexington, OH, the median home sold for $195,950 (about $151 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-597 of monthly cash flow. Sold prices moved +4.1% over the past year. Inventory sits at about 5.9 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 New Lexington cash-flowing listings

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