High Rental Yield Investment Properties for Sale in Springfield, OH
Fix & Flip
Listed for sale today
$ 184,900
ROI
24.1
Cash Flow/m
223- 3 Bed
- 2 Bath
- 2456 sft
123 Trenton Pl, Springfield, OH, 45504
Listed for sale today
$ 189,900
ROI
23.7Cash Flow/m
210- 2 Bed
- 1 Bath
- 1028 sft
1625 Crestview Dr, Springfield, OH, 45504
Rental Income
Listed for sale 1 day ago
$ 165,000
ROI
25.3Cash Flow/m
254- 6 Bed
- 2 Bath
- 2352 sft
215-217 Warren Dr, Springfield, OH, 45503
Listed for sale 1 day ago
$ 210,000
ROI
21.7Cash Flow/m
112- 3 Bed
- 2 Bath
- 1556 sft
2636 Rebecca Dr, Springfield, OH, 45503
Why Invest in Springfield, Ohio?
Springfield, OH offers **high rental yield** opportunities for investors seeking strong cash flow in the Midwest. Affordable entry prices combined with steady rental demand deliver cap rates around 8-10%. Average rents hover at $816/month, 50% below national averages per recent data. Renter-occupied housing exceeds 40%, supporting consistent occupancy. Annual appreciation of 3-4% adds long-term value to high-yield portfolios.
9.5%
Avg. ROI
9.2%
Rental Yield
8.7%
Cap Rate
$450/mo
Avg. Cash Flow
$816/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Affordable purchase prices around $120k paired with $816 average rents create yields up to 9%. Strong renter demand from manufacturing jobs keeps vacancy low at 5%. Recent 3.1% rent growth enhances cash flow potential.
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