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

New Philadelphia, OH has a median modeled monthly cash flow of $-888 and a median cap rate of 2.6%, on a median sold price of $206,000. Prices changed +0.3% year over year.

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

The median cap rate across recently sold homes in New Philadelphia, OH is 2.6%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in New Philadelphia, OH is $206,000 (about $149 per square foot).

Investing in New Philadelphia, OH Real Estate

A data-driven snapshot of the New Philadelphia, 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.

$206,000Median sold price

$149Median $/sqft

2.6%Median cap rate

$-888Modeled cash flow / mo

+0.3%Appreciation YoY

6.6Months of supply

122Active listings

222Sold (last 12 mo)

What the New Philadelphia numbers say

In New Philadelphia, OH, the median home sold for $206,000 (about $149 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-888 of monthly cash flow. Sold prices moved +0.3% over the past year. Inventory sits at about 6.6 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 Philadelphia cash-flowing listings

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