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

Salem Heights, OH has a median modeled monthly cash flow of $-726 and a median cap rate of 3.5%, on a median sold price of $322,500. Prices changed +2.7% year over year.

What is the average cap rate in Salem Heights, OH?

The median cap rate across recently sold homes in Salem Heights, OH is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Salem Heights, OH?

The median sold price in Salem Heights, OH is $322,500 (about $189 per square foot).

Investing in Salem Heights, OH Real Estate

A data-driven snapshot of the Salem Heights, 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.

$322,500Median sold price

$189Median $/sqft

3.5%Median cap rate

$-726Modeled cash flow / mo

+2.7%Appreciation YoY

4.3Months of supply

27Active listings

76Sold (last 12 mo)

What the Salem Heights numbers say

In Salem Heights, OH, the median home sold for $322,500 (about $189 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-726 of monthly cash flow. Sold prices moved +2.7% over the past year. Inventory sits at about 4.3 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 Salem Heights cash-flowing listings

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