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
2455 Oakview Lane Lancaster, OH SHOWING FOR BACKUP! This beautifully updated home, located on a quiet cul-de-sac, is truly...	4 beds \| 3 baths \| 3,131 sq.ft.	$389,900	Airbnb cash on cash: 4.75% Traditional cash on cash: 5.8% Airbnb Rental Income: $3266 Traditional Rental Income: $2916 Airbnb ROI: 4.75% Traditional ROI: 5.8%
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: 3.46% Traditional cash on cash: 4.05% Airbnb Rental Income: $3266 Traditional Rental Income: $2798 Airbnb ROI: 3.46% 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: 7.75% Traditional cash on cash: 6% Airbnb Rental Income: $2943 Traditional Rental Income: $1858 Airbnb ROI: 7.75% 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.	$220,000	Airbnb cash on cash: 7.5% Traditional cash on cash: 6.44% Airbnb Rental Income: $2573 Traditional Rental Income: $1735 Airbnb ROI: 7.5% Traditional ROI: 6.44%
334 N Maple Street Lancaster, OH Excited to present this fully renovated gem, nestled in the heart of Lancaster! This stunn...	3 beds \| 2 baths \| 1,443 sq.ft.	$230,000	Airbnb cash on cash: 8.32% Traditional cash on cash: 6.02% Airbnb Rental Income: $2943 Traditional Rental Income: $1764 Airbnb ROI: 8.32% Traditional ROI: 6.02%
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.	$207,000	Airbnb cash on cash: 9.32% Traditional cash on cash: 6.91% Airbnb Rental Income: $2943 Traditional Rental Income: $1790 Airbnb ROI: 9.32% Traditional ROI: 6.91%
643 E Chestnut Street Lancaster, OH This historic beauty has been completely renovated! Spacious brand new kitchen with all ne...	3 beds \| 2 baths \| 1,595 sq.ft.	$254,900	Airbnb cash on cash: 7.16% Traditional cash on cash: 6.17% Airbnb Rental Income: $2943 Traditional Rental Income: $2026 Airbnb ROI: 7.16% Traditional ROI: 6.17%
1502 Griffith Street Lancaster, OH Adorable and cozy 4-bedroom ranch in a quiet neighborhood of Lancaster. Home has been comp...	4 beds \| 1 baths \| 1,248 sq.ft.	$244,500	Airbnb cash on cash: 8.95% Traditional cash on cash: 3.18% Airbnb Rental Income: $3266 Traditional Rental Income: $1199 Airbnb ROI: 8.95% Traditional ROI: 3.18%
1610 Cedar Hill Road Lancaster, OH This charming 4-bedroom home, built in 1950, offers the perfect blend of classic design an...	4 beds \| 2 baths \| 1,644 sq.ft.	$219,900	Airbnb cash on cash: 9.73% Traditional cash on cash: 8.03% Airbnb Rental Income: $3266 Traditional Rental Income: $2179 Airbnb ROI: 9.73% Traditional ROI: 8.03%
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: 7.52% Traditional cash on cash: 6.26% Airbnb Rental Income: $2573 Traditional Rental Income: $1698 Airbnb ROI: 7.52% Traditional ROI: 6.26%
1885 Baltimore Road NW Lancaster, OH ''Home back on the market through no fault of the sellers or the property'' Live in com...	4 beds \| 3 baths \| 2,622 sq.ft.	$333,900	Airbnb cash on cash: 5.84% Traditional cash on cash: 5.11% Airbnb Rental Income: $3266 Traditional Rental Income: $2304 Airbnb ROI: 5.84% Traditional ROI: 5.11%
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: 1.4% Traditional cash on cash: 2.52% Airbnb Rental Income: $2943 Traditional Rental Income: $3149 Airbnb ROI: 1.4% Traditional ROI: 2.52%
518 Shoshone Drive Lancaster, OH Discover your perfect starter home with this beautifully updated 3-bedroom, 1-bath proper...	3 beds \| 1 baths \| 1,009 sq.ft.	$229,900	Airbnb cash on cash: 8.18% Traditional cash on cash: 4.81% Airbnb Rental Income: $2943 Traditional Rental Income: $1532 Airbnb ROI: 8.18% Traditional ROI: 4.81%
89 Mcgrery Road SE Lancaster, OH Charming log cabin nestled on a private, nearly 7-acre parcel. Currently a thriving rental...	5 beds \| 3 baths \| 2,202 sq.ft.	$869,222	Airbnb cash on cash: 7.34% Traditional cash on cash: 1.2% Airbnb Rental Income: $8906 Traditional Rental Income: $2262 Airbnb ROI: 7.34% Traditional ROI: 1.2%
1243 E Fair Avenue Lancaster, OH Fantastic 3 bedroom mid century modern ranch home with a 24 x 28 two car detached garage o...	3 beds \| 1 baths \| 1,404 sq.ft.	$219,900	Airbnb cash on cash: 8.7% Traditional cash on cash: 5.36% Airbnb Rental Income: $2943 Traditional Rental Income: $1567 Airbnb ROI: 8.7% Traditional ROI: 5.36%
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.	$438,750	Airbnb cash on cash: 4.16% Traditional cash on cash: 4.84% Airbnb Rental Income: $3266 Traditional Rental Income: $2811 Airbnb ROI: 4.16% Traditional ROI: 4.84%
2526 W Fair Avenue Lancaster, OH Discover the perfect blend of tranquility and convenience with this delightful three bedro...	3 beds \| 2 baths \| 1,200 sq.ft.	$335,000	Airbnb cash on cash: 5.18% Traditional cash on cash: 3.05% Airbnb Rental Income: $2943 Traditional Rental Income: $1592 Airbnb ROI: 5.18% Traditional ROI: 3.05%
2300 Stonewall Cemetery Road SW Lancaster, OH * INDOOR POOL* Experience luxury living in this expansive brick two-story home on a...	5 beds \| 5 baths \| 6,870 sq.ft.	$1,100,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 1.67% Airbnb Rental Income: $8906 Traditional Rental Income: $4060 Airbnb ROI: 4.77% Traditional ROI: 1.67%
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: 8.53% Traditional cash on cash: 6.19% Airbnb Rental Income: $2943 Traditional Rental Income: $1754 Airbnb ROI: 8.53% 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: 3.86% Traditional cash on cash: 2.99% Airbnb Rental Income: $2573 Traditional Rental Income: $1660 Airbnb ROI: 3.86% Traditional ROI: 2.99%
1008 Clayton Drive Lancaster, OH Back on market due to no fault of the seller! Fantastic opportunity in a highly sought-aft...	3 beds \| 2 baths \| 1,120 sq.ft.	$244,900	Airbnb cash on cash: 7.63% Traditional cash on cash: 5.31% Airbnb Rental Income: $2943 Traditional Rental Income: $1727 Airbnb ROI: 7.63% Traditional ROI: 5.31%
2680 Applewood Lane NE Lancaster, OH This meticulously crafted 4,000 sq. ft, four+ bedroom~four full bath home offers luxurious...	4 beds \| 4 baths \| 4,179 sq.ft.	$549,900	Airbnb cash on cash: 2.73% Traditional cash on cash: 4.63% Airbnb Rental Income: $3266 Traditional Rental Income: $3505 Airbnb ROI: 2.73% Traditional ROI: 4.63%
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.	$196,400	Airbnb cash on cash: 8.54% Traditional cash on cash: 3.81% Airbnb Rental Income: $2573 Traditional Rental Income: $1073 Airbnb ROI: 8.54% Traditional ROI: 3.81%
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: 5% Traditional cash on cash: 3.13% Airbnb Rental Income: $2573 Traditional Rental Income: $1427 Airbnb ROI: 5% Traditional ROI: 3.13%
4791 Delmont Road SW Lancaster, OH Step into this immaculate 3 bedroom, 2.5 bathroom raised ranch nestled atop 1.2 acres of s...	3 beds \| 3 baths \| 1,884 sq.ft.	$345,000	Airbnb cash on cash: 4.9% Traditional cash on cash: 4.96% Airbnb Rental Income: $2943 Traditional Rental Income: $2284 Airbnb ROI: 4.9% Traditional ROI: 4.96%
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: 6.36% Traditional cash on cash: 4.08% Airbnb Rental Income: $2943 Traditional Rental Income: $1661 Airbnb ROI: 6.36% 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 \| 720 sq.ft.	$184,900	Airbnb cash on cash: 8.99% Traditional cash on cash: 4.66% Airbnb Rental Income: $2573 Traditional Rental Income: $1194 Airbnb ROI: 8.99% Traditional ROI: 4.66%
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: 3.05% Traditional cash on cash: 3.79% Airbnb Rental Income: $2943 Traditional Rental Income: $2606 Airbnb ROI: 3.05% 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: 5.09% Traditional cash on cash: 4.8% Airbnb Rental Income: $2943 Traditional Rental Income: $2172 Airbnb ROI: 5.09% Traditional ROI: 4.8%
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: 4.68% Traditional cash on cash: 4.47% Airbnb Rental Income: $2943 Traditional Rental Income: $2192 Airbnb ROI: 4.68% 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: 6.98% Traditional cash on cash: 7.16% Airbnb Rental Income: $3266 Traditional Rental Income: $2582 Airbnb ROI: 6.98% Traditional ROI: 7.16%
176 Skyline Drive Lancaster, OH Great home in such a desirable neighborhood/location. This home offers so many updates suc...	4 beds \| 3 baths \| 2,416 sq.ft.	$330,000	Airbnb cash on cash: 5.73% Traditional cash on cash: 6.75% Airbnb Rental Income: $3266 Traditional Rental Income: $2849 Airbnb ROI: 5.73% Traditional ROI: 6.75%
533 Oakwood Avenue Lancaster, OH Welcome to this 2 bedroom, 1 1/2 bath home! The bathrooms were remodeled in 2020. Some o...	2 beds \| 2 baths \| 1,152 sq.ft.	$184,900	Airbnb cash on cash: 8.77% Traditional cash on cash: 6.75% Airbnb Rental Income: $2573 Traditional Rental Income: $1599 Airbnb ROI: 8.77% Traditional ROI: 6.75%
2417 Long Bow Avenue Lancaster, OH Picturesque two story in River Valley Highlands. Tree-lined streets and sidewalks add to ...	3 beds \| 3 baths \| 1,608 sq.ft.	$304,900	Airbnb cash on cash: 5.66% Traditional cash on cash: 4.71% Airbnb Rental Income: $2943 Traditional Rental Income: $1991 Airbnb ROI: 5.66% Traditional ROI: 4.71%
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: 6.75% Traditional cash on cash: 8.49% Airbnb Rental Income: $2943 Traditional Rental Income: $2674 Airbnb ROI: 6.75% 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: 5.69% Traditional cash on cash: 3.83% Airbnb Rental Income: $2943 Traditional Rental Income: $1706 Airbnb ROI: 5.69% 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: 9.3% Traditional cash on cash: 7.83% Airbnb Rental Income: $3266 Traditional Rental Income: $2207 Airbnb ROI: 9.3% 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.	$254,900	Airbnb cash on cash: 7.29% Traditional cash on cash: 5.97% Airbnb Rental Income: $2943 Traditional Rental Income: $1944 Airbnb ROI: 7.29% Traditional ROI: 5.97%
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.	$439,900	Airbnb cash on cash: 4.02% Traditional cash on cash: 3.38% Airbnb Rental Income: $3266 Traditional Rental Income: $2269 Airbnb ROI: 4.02% Traditional ROI: 3.38%
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: 8.57% Traditional cash on cash: 5.92% Airbnb Rental Income: $2943 Traditional Rental Income: $1710 Airbnb ROI: 8.57% Traditional ROI: 5.92%

Real Estate investment in Lancaster, OH

There are 60 properties for sale in the city of Lancaster . The median list price in Lancaster is $244,950 and the average price per square foot is $143. In November 2024, the average monthly cash on cash return in Lancaster is 5.00%. The average monthly rental income in Lancaster is $1,781.

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

There are 60 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 $2,943.

Your search for investment property begins and ends here

Investment Property for Sale in Lancaster, OH

2455 Oakview Lane

Lancaster, OH

4 beds | 3 baths | 3,131 sq.ft.

$389,900

Airbnb cash on cash: 4.75%

Traditional cash on cash: 5.8%

Airbnb Rental Income: $3266

Traditional Rental Income: $2916

Airbnb ROI: 4.75%

Traditional ROI: 5.8%

7940 E Bowling Green Lane NW

Lancaster, OH

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

$479,900

Airbnb cash on cash: 3.46%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $3266

Traditional Rental Income: $2798

Airbnb ROI: 3.46%

Traditional ROI: 4.05%

327 Reber Avenue

Lancaster, OH

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

$245,000

Airbnb cash on cash: 7.75%

Traditional cash on cash: 6%

Airbnb Rental Income: $2943

Traditional Rental Income: $1858

Airbnb ROI: 7.75%

Traditional ROI: 6%

931 Kinzler Avenue

Lancaster, OH

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

$220,000

Airbnb cash on cash: 7.5%

Traditional cash on cash: 6.44%

Airbnb Rental Income: $2573

Traditional Rental Income: $1735

Airbnb ROI: 7.5%

Traditional ROI: 6.44%

334 N Maple Street

Lancaster, OH

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

$230,000

Airbnb cash on cash: 8.32%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $2943

Traditional Rental Income: $1764

Airbnb ROI: 8.32%

Traditional ROI: 6.02%

1455 N Columbus Street

Lancaster, OH

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

$207,000

Airbnb cash on cash: 9.32%

Traditional cash on cash: 6.91%

Airbnb Rental Income: $2943

Traditional Rental Income: $1790

Airbnb ROI: 9.32%

Traditional ROI: 6.91%

643 E Chestnut Street

Lancaster, OH

3 beds | 2 baths | 1,595 sq.ft.

$254,900

Airbnb cash on cash: 7.16%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $2943

Traditional Rental Income: $2026

Airbnb ROI: 7.16%

Traditional ROI: 6.17%

1502 Griffith Street

Lancaster, OH

4 beds | 1 baths | 1,248 sq.ft.

$244,500

Airbnb cash on cash: 8.95%

Traditional cash on cash: 3.18%

Airbnb Rental Income: $3266

Traditional Rental Income: $1199

Airbnb ROI: 8.95%