Real Estate Investment Properties for Sale in Lancaster, OH

Looking for investment property in Lancaster, OH with high ROI ?

Explore a variety of short-term homes & houses in Lancaster, OH. Invest wisely with VRBO & Lancaster, OH Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Lancaster, OH

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
315 Reber Avenue Lancaster, OH Beautifully updated 2-story home in the heart of Lancaster! This 3-bedroom, 1.5-bath home ...	3 beds \| 2 baths \| 1,728 sq.ft.	$249,900	Airbnb cash on cash: 5.78% Traditional cash on cash: 5.85% Airbnb Rental Income: $2507 Traditional Rental Income: $1918 Airbnb ROI: 5.78% Traditional ROI: 5.85%
7940 E Bowling Green Lane NW Lancaster, OH BLOOM CARROLL SCHOOLS!!!! 'Interior photos soon! 'Absolutely Gorgeous'' Updated/remodeled ...	4 beds \| 3 baths \| 2,932 sq.ft.	$479,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.05% Airbnb Rental Income: $null Traditional Rental Income: $2798 Airbnb ROI: N/A Traditional ROI: 4.05%
327 Reber Avenue Lancaster, OH This move-in ready home is full of charm and modern upgrades! Step onto the spacious, cove...	3 beds \| 2 baths \| 1,384 sq.ft.	$245,000	Airbnb cash on cash: 6.18% Traditional cash on cash: 6% Airbnb Rental Income: $2507 Traditional Rental Income: $1858 Airbnb ROI: 6.18% Traditional ROI: 6%
931 Kinzler Avenue Lancaster, OH This home gives you the perfect location if your are commuting to Columbus or Logan!! Situ...	2 beds \| 2 baths \| 1,200 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $1735 Airbnb ROI: N/A Traditional ROI: 6.61%
1214 W Mulberry Street Lancaster, OH Detached garage & storage shed. Fenced in yard. Very nice home! Member of the selling ent...	2 beds \| 2 baths \| 1,116 sq.ft.	$161,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.05% Airbnb Rental Income: $null Traditional Rental Income: $1472 Airbnb ROI: N/A Traditional ROI: 7.05%
334 N Maple Street Lancaster, OH Nothing to do but move right in! This stunning 3 bedroom, 1.5 bath has been meticulously u...	3 beds \| 2 baths \| 1,443 sq.ft.	$225,000	Airbnb cash on cash: 6.82% Traditional cash on cash: 6.18% Airbnb Rental Income: $2507 Traditional Rental Income: $1764 Airbnb ROI: 6.82% Traditional ROI: 6.18%
1455 N Columbus Street Lancaster, OH This cute and cozy single family home offers the best of both worlds - enjoy your privacy ...	3 beds \| 2 baths \| 1,430 sq.ft.	$195,000	Airbnb cash on cash: 7.98% Traditional cash on cash: 7.38% Airbnb Rental Income: $2507 Traditional Rental Income: $1790 Airbnb ROI: 7.98% Traditional ROI: 7.38%
2241 Brookside Drive Lancaster, OH Welcome to this stunning ranch located in the very desirable neighborhood ''The Overlook''...	3 beds \| 2 baths \| 1,618 sq.ft.	$375,000	Airbnb cash on cash: 3.85% Traditional cash on cash: 3.3% Airbnb Rental Income: $2507 Traditional Rental Income: $1707 Airbnb ROI: 3.85% Traditional ROI: 3.3%
227 N Cherry Street Lancaster, OH Pictures DO NOT do this home justice, come see this 1 1/2 story Cape Cod. Beautiful built ...	2 beds \| 2 baths \| 1,171 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $1698 Airbnb ROI: N/A Traditional ROI: 6.26%
1854 Declaration Drive W Lancaster, OH Welcome to 1854 Declaration Drive, Lancaster! This stunning home features an inground heat...	4 beds \| 4 baths \| 3,653 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $3365 Airbnb ROI: N/A Traditional ROI: 6.28%
253 Chestnut Lane Lancaster, OH The Retreat at Rosemont is our newest community located in Fairlawn, Ohio. Our community i...	3 beds \| 4 baths \| 4,334 sq.ft.	$844,891	Airbnb cash on cash: 0.93% Traditional cash on cash: 2.52% Airbnb Rental Income: $2507 Traditional Rental Income: $3149 Airbnb ROI: 0.93% Traditional ROI: 2.52%
6790 Houck Road SE Lancaster, OH *Open House 12/15/2024 12:00pm-2:00pm. Welcome to your new home! Sitting on over two acres...	3 beds \| 3 baths \| 1,614 sq.ft.	$374,900	Airbnb cash on cash: 3.25% Traditional cash on cash: 2.42% Airbnb Rental Income: $2507 Traditional Rental Income: $1608 Airbnb ROI: 3.25% Traditional ROI: 2.42%
1526 Pleasantville Road Lancaster, OH Quality, Custom Built Raised Ranch situated in a 1.05 acre Park-like setting with mature t...	4 beds \| 3 baths \| 3,214 sq.ft.	$428,750	Airbnb cash on cash: N/A Traditional cash on cash: 4.97% Airbnb Rental Income: $null Traditional Rental Income: $2811 Airbnb ROI: N/A Traditional ROI: 4.97%
729 Forest Rose Avenue Lancaster, OH Welcome to our charming 2bedroom, 1 bathroom home in Lancaster, OH. Recently remodeled. Th...	2 beds \| 1 baths \| 1,088 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.62% Airbnb Rental Income: $null Traditional Rental Income: $1191 Airbnb ROI: N/A Traditional ROI: 6.62%
830 3rd Street Lancaster, OH This 3 bed, 2.5 bath home has been meticulously rehabbed and is waiting for the new owner ...	3 beds \| 3 baths \| 1,404 sq.ft.	$229,900	Airbnb cash on cash: 6.86% Traditional cash on cash: 6.19% Airbnb Rental Income: $2507 Traditional Rental Income: $1754 Airbnb ROI: 6.86% Traditional ROI: 6.19%
2765 Boving Road SW Lancaster, OH HOMESTEADERS PARADISE situated on 1.68 acres. Discover your dream homestead on this exce...	2 beds \| 2 baths \| 1,200 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.99% Airbnb Rental Income: $null Traditional Rental Income: $1660 Airbnb ROI: N/A Traditional ROI: 2.99%
941 Reese Avenue Lancaster, OH OPEN HOUSE! Sunday, 10/6/24, 1-3 PM! Beautifully redone! This 2 bed, 1 bath ranch home...	2 beds \| 1 baths \| 744 sq.ft.	$195,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $1073 Airbnb ROI: N/A Traditional ROI: 3.82%
5810 Old Logan Road SE Lancaster, OH Welcome home to this remodeled two bedroom, one bath ranch that sits on 1.88 acres of land...	2 beds \| 1 baths \| 1,440 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.13% Airbnb Rental Income: $null Traditional Rental Income: $1427 Airbnb ROI: N/A Traditional ROI: 3.13%
1723 Cedar Hill Road Lancaster, OH Situated on over 3.5 acres, this charming cape cod home is just waiting for its new owners...	3 beds \| 2 baths \| 1,062 sq.ft.	$280,000	Airbnb cash on cash: 4.99% Traditional cash on cash: 4.08% Airbnb Rental Income: $2507 Traditional Rental Income: $1661 Airbnb ROI: 4.99% Traditional ROI: 4.08%
1033 2nd Street Lancaster, OH Darling two bedroom, one bath ranch style home with plenty of appeal! Enjoy outdoor living...	2 beds \| 1 baths \| 1,180 sq.ft.	$182,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $1194 Airbnb ROI: N/A Traditional ROI: 4.72%
2131 Rainbow Drive NE Lancaster, OH Welcome to this charming custom built 3-bedroom Cape Cod, built in 2002, offering a perfec...	3 beds \| 3 baths \| 3,000 sq.ft.	$499,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 3.79% Airbnb Rental Income: $2507 Traditional Rental Income: $2606 Airbnb ROI: 2.28% Traditional ROI: 3.79%
214 Hartford Drive Lancaster, OH Welcome to your dream home! This stunning 3-bedroom, 2-bathroom property has been fully re...	3 beds \| 2 baths \| 2,086 sq.ft.	$339,900	Airbnb cash on cash: 3.95% Traditional cash on cash: 4.8% Airbnb Rental Income: $2507 Traditional Rental Income: $2172 Airbnb ROI: 3.95% Traditional ROI: 4.8%
1188 N Columbus Street Lancaster, OH Step into this stunning 5-bedroom, 2.5-bath, fully remodeled 2-story home, located just st...	5 beds \| 3 baths \| 2,024 sq.ft.	$288,999	Airbnb cash on cash: N/A Traditional cash on cash: 7.5% Airbnb Rental Income: $null Traditional Rental Income: $2601 Airbnb ROI: N/A Traditional ROI: 7.5%
1101 Beechwood Drive NE Lancaster, OH Welcome to this gorgeous ranch on almost an acre in Lancaster! A sprawling, thoughtfully l...	3 beds \| 2 baths \| 1,768 sq.ft.	$359,900	Airbnb cash on cash: 3.61% Traditional cash on cash: 4.47% Airbnb Rental Income: $2507 Traditional Rental Income: $2192 Airbnb ROI: 3.61% Traditional ROI: 4.47%
3449 Wheeling Road NE Lancaster, OH Unique opportunity for a spacious 1998 manufactured home AND a brick schoolhouse built in ...	4 beds \| 3 baths \| 2,128 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.16% Airbnb Rental Income: $null Traditional Rental Income: $2582 Airbnb ROI: N/A Traditional ROI: 7.16%
234 Park Street Lancaster, OH Cozy single family home with private deck. Curb offers only. Please do not disturb tenant...	2 beds \| 1 baths \| 468 sq.ft.	$134,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.14% Airbnb Rental Income: $null Traditional Rental Income: $938 Airbnb ROI: N/A Traditional ROI: 5.14%
7805 Bremen Road SE Lancaster, OH 3BR, two-story farm house situated on private, 2.4 acres! Vaulted ceilings - recording st...	3 beds \| 3 baths \| 3,008 sq.ft.	$250,000	Airbnb cash on cash: 5.21% Traditional cash on cash: 8.49% Airbnb Rental Income: $2507 Traditional Rental Income: $2674 Airbnb ROI: 5.21% Traditional ROI: 8.49%
1918 Sheridan Drive Lancaster, OH Country living, gorgeous views, and proximity to restaurants, schools, shopping & entertai...	3 beds \| 2 baths \| 1,244 sq.ft.	$319,900	Airbnb cash on cash: 4.48% Traditional cash on cash: 3.83% Airbnb Rental Income: $2507 Traditional Rental Income: $1706 Airbnb ROI: 4.48% Traditional ROI: 3.83%
730 Rutter Avenue Lancaster, OH With four bedrooms and two and a half baths, 3 floors of living space. Its perfect for a ...	4 beds \| 3 baths \| 1,446 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.83% Airbnb Rental Income: $null Traditional Rental Income: $2207 Airbnb ROI: N/A Traditional ROI: 7.83%
222 Madison Avenue Lancaster, OH Move in before the holidays! Welcome in to this quaint old style two story home that featu...	3 beds \| 2 baths \| 1,498 sq.ft.	$244,900	Airbnb cash on cash: 6.06% Traditional cash on cash: 6.25% Airbnb Rental Income: $2507 Traditional Rental Income: $1944 Airbnb ROI: 6.06% Traditional ROI: 6.25%
2900 Delmont Road SW Lancaster, OH Equestrian dream on 8.9 fully fenced acres! This 4-bedroom, 2-bath, 2,012 sq. ft. home off...	4 beds \| 2 baths \| 2,012 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $2269 Airbnb ROI: N/A Traditional ROI: 3.53%
1866 N Columbus Street Lancaster, OH Welcome home! This updated 3 bedroom, 1 1/2 bath ranch home is perfect for those seeking ...	3 beds \| 2 baths \| 1,288 sq.ft.	$219,900	Airbnb cash on cash: 6.83% Traditional cash on cash: 5.92% Airbnb Rental Income: $2507 Traditional Rental Income: $1710 Airbnb ROI: 6.83% Traditional ROI: 5.92%
1421 E Wheeling Street Lancaster, OH Welcome to this cute and cozy home, ideally situated just minutes from the hospital! With ...	3 beds \| 1 baths \| 1,088 sq.ft.	$179,000	Airbnb cash on cash: 9.31% Traditional cash on cash: 5.77% Airbnb Rental Income: $2507 Traditional Rental Income: $1298 Airbnb ROI: 9.31% Traditional ROI: 5.77%
416 Maud Avenue Lancaster, OH Welcome to a cozy 2-bedroom, 1-bath home with something for everyone. First-time buyers wi...	2 beds \| 1 baths \| 672 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.83% Airbnb Rental Income: $null Traditional Rental Income: $959 Airbnb ROI: N/A Traditional ROI: 3.83%
231 Welsh Avenue Lancaster, OH Looking for an affordable, move-in ready place to call home? This 3-bed, 2-bath house chec...	3 beds \| 2 baths \| 1,044 sq.ft.	$179,900	Airbnb cash on cash: 8.78% Traditional cash on cash: 6.15% Airbnb Rental Income: $2507 Traditional Rental Income: $1450 Airbnb ROI: 8.78% Traditional ROI: 6.15%
255 9th Street Lancaster, OH Welcome to this beautiful home which features high quality craftsmanship, tremendous upgra...	1 beds \| 1 baths \| 726 sq.ft.	$116,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.64% Airbnb Rental Income: $null Traditional Rental Income: $979 Airbnb ROI: N/A Traditional ROI: 3.64%
1499 Stringtown Road NE Lancaster, OH This well maintained ranch sits on over 1.5 acres, and has been loved for decades by it's ...	3 beds \| 1 baths \| 1,498 sq.ft.	$275,000	Airbnb cash on cash: 5.17% Traditional cash on cash: 3.8% Airbnb Rental Income: $2507 Traditional Rental Income: $1545 Airbnb ROI: 5.17% Traditional ROI: 3.8%
1670 Rainbow Drive NE Lancaster, OH Come and see this newly remodeled property on a corner lot in beautiful Fairfield County! ...	3 beds \| 2 baths \| 1,663 sq.ft.	$280,000	Airbnb cash on cash: 5.09% Traditional cash on cash: 4.89% Airbnb Rental Income: $2507 Traditional Rental Income: $1848 Airbnb ROI: 5.09% Traditional ROI: 4.89%
737 Garfield Avenue Lancaster, OH This multi-unit property offers a main house with 798 SF of living space, featuring 2-3 be...	N/A beds \| N/A baths \| N/A	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.26% Airbnb Rental Income: $null Traditional Rental Income: $1297 Airbnb ROI: N/A Traditional ROI: 5.26%
721 E Fair Avenue Lancaster, OH Welcome to this delightful 2-bedroom, 1-bathroom home. Home has new flooring through excep...	2 beds \| 1 baths \| 876 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $1163 Airbnb ROI: N/A Traditional ROI: 4.55%

Real Estate investment in Lancaster, OH

There are 66 properties for sale in the city of Lancaster . The median list price in Lancaster is $239,950 and the average price per square foot is $143. In December 2024, the average monthly cash on cash return in Lancaster is 5.00%. The average monthly rental income in Lancaster is $1,709.

Lancaster, OH Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 66 investment properties available for sale in Lancaster.

In 2024, the best neighborhood to buy investment property is Lancaster.

The ROI for Short-Term is higher than the Long-Term in Lancaster with average rental income of $2,507.

Your search for investment property begins and ends here

Investment Property for Sale in Lancaster, OH

315 Reber Avenue

Lancaster, OH

3 beds | 2 baths | 1,728 sq.ft.

$249,900

Airbnb cash on cash: 5.78%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $2507

Traditional Rental Income: $1918

Airbnb ROI: 5.78%

Traditional ROI: 5.85%

7940 E Bowling Green Lane NW

Lancaster, OH

4 beds | 3 baths | 2,932 sq.ft.

$479,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2798

Airbnb ROI: N/A

Traditional ROI: 4.05%

327 Reber Avenue

Lancaster, OH

3 beds | 2 baths | 1,384 sq.ft.

$245,000

Airbnb cash on cash: 6.18%

Traditional cash on cash: 6%

Airbnb Rental Income: $2507

Traditional Rental Income: $1858

Airbnb ROI: 6.18%

Traditional ROI: 6%

931 Kinzler Avenue

Lancaster, OH

2 beds | 2 baths | 1,200 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.61%

Airbnb Rental Income: $null

Traditional Rental Income: $1735

Airbnb ROI: N/A

Traditional ROI: 6.61%

1214 W Mulberry Street

Lancaster, OH

2 beds | 2 baths | 1,116 sq.ft.

$161,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.05%

Airbnb Rental Income: $null

Traditional Rental Income: $1472

Airbnb ROI: N/A

Traditional ROI: 7.05%

334 N Maple Street

Lancaster, OH

3 beds | 2 baths | 1,443 sq.ft.

$225,000

Airbnb cash on cash: 6.82%

Traditional cash on cash: 6.18%

Airbnb Rental Income: $2507

Traditional Rental Income: $1764

Airbnb ROI: 6.82%

Traditional ROI: 6.18%

1455 N Columbus Street

Lancaster, OH

3 beds | 2 baths | 1,430 sq.ft.

$195,000

Airbnb cash on cash: 7.98%

Traditional cash on cash: 7.38%

Airbnb Rental Income: $2507

Traditional Rental Income: $1790

Airbnb ROI: 7.98%

Traditional ROI: 7.38%

2241 Brookside Drive

Lancaster, OH

3 beds | 2 baths | 1,618 sq.ft.

$375,000

Airbnb cash on cash: 3.85%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $2507

Traditional Rental Income: $1707

Airbnb ROI: 3.85%