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

Northwood, OH has a median modeled monthly cash flow of $-968 and a median cap rate of 2.1%, on a median sold price of $240,500. Prices changed +8.2% year over year.

What is the average cap rate in Northwood, OH?

The median cap rate across recently sold homes in Northwood, OH is 2.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Northwood, OH?

The median sold price in Northwood, OH is $240,500 (about $158 per square foot).

Investing in Northwood, OH Real Estate

A data-driven snapshot of the Northwood, 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.

$240,500Median sold price

$158Median $/sqft

2.1%Median cap rate

$-968Modeled cash flow / mo

+8.2%Appreciation YoY

5.7Months of supply

43Active listings

90Sold (last 12 mo)

What the Northwood numbers say

In Northwood, OH, the median home sold for $240,500 (about $158 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-968 of monthly cash flow. Sold prices moved +8.2% over the past year. Inventory sits at about 5.7 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 Northwood cash-flowing listings

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