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

New Lexington, OH has a median modeled monthly cash flow of $-618 and a median cap rate of 2.8%, on a median sold price of $196,000. Prices changed +4.5% 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 2.8%, 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 $196,000 (about $152 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.

$196,000Median sold price

$152Median $/sqft

2.8%Median cap rate

$-618Modeled cash flow / mo

+4.5%Appreciation YoY

4.1Months of supply

27Active listings

79Sold (last 12 mo)

What the New Lexington numbers say

In New Lexington, OH, the median home sold for $196,000 (about $152 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-618 of monthly cash flow. Sold prices moved +4.5% 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 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.