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

New London, OH has a median modeled monthly cash flow of $-543 and a median cap rate of 3.4%, on a median sold price of $159,900. Prices changed -7.9% year over year.

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

The median cap rate across recently sold homes in New London, OH is 3.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in New London, OH is $159,900 (about $105 per square foot).

Investing in New London, OH Real Estate

A data-driven snapshot of the New London, 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.

$159,900Median sold price

$105Median $/sqft

3.4%Median cap rate

$-543Modeled cash flow / mo

-7.9%Appreciation YoY

4.9Months of supply

20Active listings

49Sold (last 12 mo)

What the New London numbers say

In New London, OH, the median home sold for $159,900 (about $105 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-543 of monthly cash flow. Sold prices moved -7.9% over the past year. Inventory sits at about 4.9 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 London cash-flowing listings

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