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

Sheffield, OH has a median modeled monthly cash flow of $-1,439 and a median cap rate of 2.3%, on a median sold price of $335,000. Prices changed +15.6% year over year.

What is the average cap rate in Sheffield, OH?

The median cap rate across recently sold homes in Sheffield, OH is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sheffield, OH?

The median sold price in Sheffield, OH is $335,000 (about $189 per square foot).

Investing in Sheffield, OH Real Estate

A data-driven snapshot of the Sheffield, 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.

$335,000Median sold price

$189Median $/sqft

2.3%Median cap rate

$-1,439Modeled cash flow / mo

+15.6%Appreciation YoY

5.1Months of supply

18Active listings

42Sold (last 12 mo)

What the Sheffield numbers say

In Sheffield, OH, the median home sold for $335,000 (about $189 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,439 of monthly cash flow. Sold prices moved +15.6% over the past year. Inventory sits at about 5.1 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 Sheffield cash-flowing listings

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