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

North Royalton, OH has a median modeled monthly cash flow of $-1,258 and a median cap rate of 2.5%, on a median sold price of $324,800. Prices changed +6.3% year over year.

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

The median cap rate across recently sold homes in North Royalton, OH is 2.5%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in North Royalton, OH is $324,800 (about $178 per square foot).

Investing in North Royalton, OH Real Estate

A data-driven snapshot of the North Royalton, 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.

$324,800Median sold price

$178Median $/sqft

2.5%Median cap rate

$-1,258Modeled cash flow / mo

+6.3%Appreciation YoY

4.8Months of supply

156Active listings

390Sold (last 12 mo)

What the North Royalton numbers say

In North Royalton, OH, the median home sold for $324,800 (about $178 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,258 of monthly cash flow. Sold prices moved +6.3% over the past year. Inventory sits at about 4.8 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 Royalton cash-flowing listings

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