Is North Ridgeville, OH a good place to invest in rental property?

North Ridgeville, OH has a median modeled monthly cash flow of $-959 and a median cap rate of 3.2%, on a median sold price of $356,000. Prices changed +2.7% year over year.

What is the average cap rate in North Ridgeville, OH?

The median cap rate across recently sold homes in North Ridgeville, OH is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Ridgeville, OH?

The median sold price in North Ridgeville, OH is $356,000 (about $189 per square foot).

Investing in North Ridgeville, OH Real Estate

A data-driven snapshot of the North Ridgeville, 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.

$356,000Median sold price

$189Median $/sqft

3.2%Median cap rate

$-959Modeled cash flow / mo

+2.7%Appreciation YoY

6.6Months of supply

311Active listings

563Sold (last 12 mo)

What the North Ridgeville numbers say

In North Ridgeville, OH, the median home sold for $356,000 (about $189 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-959 of monthly cash flow. Sold prices moved +2.7% 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 North Ridgeville cash-flowing listings

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