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

Wakeman, OH has a median modeled monthly cash flow of $-1,491 and a median cap rate of 1.5%, on a median sold price of $263,000. Prices changed -1.2% year over year.

What is the average cap rate in Wakeman, OH?

The median cap rate across recently sold homes in Wakeman, OH is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wakeman, OH?

The median sold price in Wakeman, OH is $263,000 (about $166 per square foot).

Investing in Wakeman, OH Real Estate

A data-driven snapshot of the Wakeman, 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.

$263,000Median sold price

$166Median $/sqft

1.5%Median cap rate

$-1,491Modeled cash flow / mo

-1.2%Appreciation YoY

6.9Months of supply

24Active listings

42Sold (last 12 mo)

What the Wakeman numbers say

In Wakeman, OH, the median home sold for $263,000 (about $166 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,491 of monthly cash flow. Sold prices moved -1.2% over the past year. Inventory sits at about 6.9 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 Wakeman cash-flowing listings

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