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

Spencerville, OH has a median modeled monthly cash flow of $-294 and a median cap rate of 4.4%, on a median sold price of $125,000. Prices changed -27.9% year over year.

What is the average cap rate in Spencerville, OH?

The median cap rate across recently sold homes in Spencerville, OH is 4.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Spencerville, OH?

The median sold price in Spencerville, OH is $125,000 (about $93 per square foot).

Investing in Spencerville, OH Real Estate

A data-driven snapshot of the Spencerville, 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.

$125,000Median sold price

$93Median $/sqft

4.4%Median cap rate

$-294Modeled cash flow / mo

-27.9%Appreciation YoY

11.6Months of supply

32Active listings

33Sold (last 12 mo)

What the Spencerville numbers say

In Spencerville, OH, the median home sold for $125,000 (about $93 per square foot), and the typical deal models out to a 4.4% cap rate with a median $-294 of monthly cash flow. Sold prices moved -27.9% over the past year. Inventory sits at about 11.6 months of supply — a looser, buyer-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 Spencerville cash-flowing listings

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