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

Spencer, OH has a median modeled monthly cash flow of $-1,170 and a median cap rate of 2.5%, on a median sold price of $340,000. Prices changed -13.1% year over year.

What is the average cap rate in Spencer, OH?

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

What is the median home price in Spencer, OH?

The median sold price in Spencer, OH is $340,000 (about $179 per square foot).

Investing in Spencer, OH Real Estate

A data-driven snapshot of the Spencer, 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.

$340,000Median sold price

$179Median $/sqft

2.5%Median cap rate

$-1,170Modeled cash flow / mo

-13.1%Appreciation YoY

5.1Months of supply

14Active listings

33Sold (last 12 mo)

What the Spencer numbers say

In Spencer, OH, the median home sold for $340,000 (about $179 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,170 of monthly cash flow. Sold prices moved -13.1% 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 Spencer cash-flowing listings

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