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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Springfield, OH
Listed for sale 1 day ago
$ 189,900
ROI
24.0
Cash Flow/m
227- 3 Bed
- 2 Bath
- 1430 sft
1213 Gable St, Springfield, OH, 45505
Listed for sale 1 day ago
$ 147,500
ROI
21.7Cash Flow/m
81- 2 Bed
- 2 Bath
- 1032 sft
4652 Reno Ln, Springfield, OH, 45503
Listed for sale 2 days ago
$ 234,900
ROI
30.1Cash Flow/m
679- 3 Bed
- 2 Bath
- 1710 sft
5722 Victorian Way, Springfield, OH, 45503
Listed for sale 2 days ago
$ 299,900
ROI
21.4Cash Flow/m
139- 5 Bed
- 4 Bath
- 4248 sft
1215 E High St, Springfield, OH, 45505
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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