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

Shelby, OH has a median modeled monthly cash flow of $-262 and a median cap rate of 4.7%, on a median sold price of $175,000. Prices changed +6.9% year over year.

What is the average cap rate in Shelby, OH?

The median cap rate across recently sold homes in Shelby, OH is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shelby, OH?

The median sold price in Shelby, OH is $175,000 (about $124 per square foot).

Investing in Shelby, OH Real Estate

A data-driven snapshot of the Shelby, 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.

$175,000Median sold price

$124Median $/sqft

4.7%Median cap rate

$-262Modeled cash flow / mo

+6.9%Appreciation YoY

2.9Months of supply

40Active listings

168Sold (last 12 mo)

What the Shelby numbers say

In Shelby, OH, the median home sold for $175,000 (about $124 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-262 of monthly cash flow. Sold prices moved +6.9% over the past year. Inventory sits at about 2.9 months of supply — a tight, seller-friendly market. 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 Shelby cash-flowing listings

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