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

New Richmond, OH has a median modeled monthly cash flow of $-1,077 and a median cap rate of 2.4%, on a median sold price of $319,900. Prices changed +5.6% year over year.

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

The median cap rate across recently sold homes in New Richmond, OH is 2.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in New Richmond, OH is $319,900 (about $189 per square foot).

Investing in New Richmond, OH Real Estate

A data-driven snapshot of the New Richmond, 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.

$319,900Median sold price

$189Median $/sqft

2.4%Median cap rate

$-1,077Modeled cash flow / mo

+5.6%Appreciation YoY

5.0Months of supply

43Active listings

103Sold (last 12 mo)

What the New Richmond numbers say

In New Richmond, OH, the median home sold for $319,900 (about $189 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,077 of monthly cash flow. Sold prices moved +5.6% over the past year. Inventory sits at about 5.0 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 Richmond cash-flowing listings

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