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
2432 Brook Run Dr Lancaster, OH Welcome to this beautifully maintained 4-bedroom, 2.5-bath home in the desirable Misty Mea...	4 beds \| 2 baths \| 2,384 sq.ft.	$399,900	Airbnb cash on cash: 5.31% Traditional cash on cash: 4.39% Airbnb Rental Income: $3673 Traditional Rental Income: $2528 Airbnb ROI: 5.31% Traditional ROI: 4.39%
835 Madison Ave Lancaster, OH No TRICKS in this home! Just lots of TREATS! Trendy gray walls, white trim & NEW doors ado...	3 beds \| 2 baths \| 1,664 sq.ft.	$363,500	Airbnb cash on cash: 2.38% Traditional cash on cash: 3.2% Airbnb Rental Income: $1971 Traditional Rental Income: $1734 Airbnb ROI: 2.38% Traditional ROI: 3.2%
522 E Mulberry St Lancaster, OH Immaculate, Move Right In! This Beautiful Home has been completely renovated throughout an...	3 beds \| 1 baths \| 1,326 sq.ft.	$225,000	Airbnb cash on cash: 4.78% Traditional cash on cash: 4.16% Airbnb Rental Income: $1971 Traditional Rental Income: $1320 Airbnb ROI: 4.78% Traditional ROI: 4.16%
701 Franklin Avenue Lancaster, OH Beautiful home on 0.36 acres. Ideally situated between Rising Park and Fairfield Medical C...	3 beds \| 4 baths \| 2,100 sq.ft.	$355,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 4.77% Airbnb Rental Income: $1971 Traditional Rental Income: $2375 Airbnb ROI: 2.01% Traditional ROI: 4.77%
2315 NW Carroll Eastern Rd NW Lancaster, OH Breathe fresh country air every day on your rear deck with beautiful views of green grass,...	3 beds \| 3 baths \| 2,697 sq.ft.	$524,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 3.56% Airbnb Rental Income: $1971 Traditional Rental Income: $2540 Airbnb ROI: 1.34% Traditional ROI: 3.56%
1751 Tecumseh Dr Lancaster, OH WOW! Do not miss out on this home! Nestled within the River Valley Highlands, this 2-stor...	3 beds \| 3 baths \| 2,052 sq.ft.	$359,900	Airbnb cash on cash: 2.26% Traditional cash on cash: 4.11% Airbnb Rental Income: $1971 Traditional Rental Income: $2077 Airbnb ROI: 2.26% Traditional ROI: 4.11%
204 Western St Lancaster, OH This adorable partially remodeled 2 bedroom, 1 bath home in Lancaster Campground is waitin...	2 beds \| 1 baths \| 949 sq.ft.	$65,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 8.32% Airbnb Rental Income: $1097 Traditional Rental Income: $1106 Airbnb ROI: 2.45% Traditional ROI: 8.32%
43 Blue Valley Rd SW Lancaster, OH Amazing hand hewn log home for sale on almost 5 acres of land close to Clear Creek Metro P...	3 beds \| 2 baths \| 1,976 sq.ft.	$545,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 2.05% Airbnb Rental Income: $1971 Traditional Rental Income: $1885 Airbnb ROI: 1.2% Traditional ROI: 2.05%
4161 Hamburg Rd SW Lancaster, OH An additional 450 sq feet added since last sale to this secluded haven overlooking a babbl...	3 beds \| 2 baths \| 1,530 sq.ft.	$439,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 2.28% Airbnb Rental Income: $1971 Traditional Rental Income: $1684 Airbnb ROI: 1.72% Traditional ROI: 2.28%
404 Garfield Ave Lancaster, OH WELCOME HOME to a cozy 2Bedroom/2BAthroom abode on a corner lot with off-street parking. ...	2 beds \| 2 baths \| 1,248 sq.ft.	$205,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 5.35% Airbnb Rental Income: $1097 Traditional Rental Income: $1416 Airbnb ROI: 1.79% Traditional ROI: 5.35%
2185 N Columbus St Lancaster, OH Gorgeous Ranch Style Home with beautiful views, Walk-Out Level, on nearly 1 acre on the ed...	4 beds \| 3 baths \| 3,400 sq.ft.	$399,900	Airbnb cash on cash: 5.49% Traditional cash on cash: 6.03% Airbnb Rental Income: $3673 Traditional Rental Income: $3073 Airbnb ROI: 5.49% Traditional ROI: 6.03%
424 N Columbus St Lancaster, OH Ready to Move in! Can also go Commercial! Large kitchen, appliances convey. Large Formal D...	3 beds \| 1 baths \| 2,333 sq.ft.	$200,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 7.36% Airbnb Rental Income: $1971 Traditional Rental Income: $1895 Airbnb ROI: 5.03% Traditional ROI: 7.36%
9385 Rich Hollow Rd SW Lancaster, OH Discover RockFall Retreat, a breathtaking A-frame cabin nestled among striking rock format...	4 beds \| 2 baths \| 1,915 sq.ft.	$822,222	Airbnb cash on cash: 2.41% Traditional cash on cash: 0.97% Airbnb Rental Income: $3673 Traditional Rental Income: $1772 Airbnb ROI: 2.41% Traditional ROI: 0.97%
1105 Coonpath Rd NW Lancaster, OH ''Attention Investors! Don't miss this incredible opportunity to own a potential gem in Bl...	3 beds \| 1 baths \| 1,224 sq.ft.	$315,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 2.63% Airbnb Rental Income: $1971 Traditional Rental Income: $1447 Airbnb ROI: 2.65% Traditional ROI: 2.63%
311 E Allen St Lancaster, OH Step into the charm of this beautifully maintained 1924 home offering 2,584 sq ft of chara...	5 beds \| 1 baths \| 2,584 sq.ft.	$369,900	Airbnb cash on cash: 3.52% Traditional cash on cash: 4.33% Airbnb Rental Income: $2642 Traditional Rental Income: $2292 Airbnb ROI: 3.52% Traditional ROI: 4.33%
4905 Hopewell Church Rd SW Lancaster, OH Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	5 beds \| 3 baths \| 2,001 sq.ft.	$354,900	Airbnb cash on cash: 3.99% Traditional cash on cash: 4.99% Airbnb Rental Income: $2642 Traditional Rental Income: $2345 Airbnb ROI: 3.99% Traditional ROI: 4.99%
1424 Wheeling Rd Lancaster, OH Welcome home to this beautifully maintained ranch, perfectly nestled in a peaceful setting...	3 beds \| 2 baths \| 2,574 sq.ft.	$378,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 4.94% Airbnb Rental Income: $1971 Traditional Rental Income: $2549 Airbnb ROI: 1.85% Traditional ROI: 4.94%
1953 Smith Avenue Lancaster, OH A true gem! This updated 1200+ square foot, 3 bed, 1.5 bath immaculate ranch sparkles with...	3 beds \| 2 baths \| 1,225 sq.ft.	$204,900	Airbnb cash on cash: 4.86% Traditional cash on cash: 5.21% Airbnb Rental Income: $1971 Traditional Rental Income: $1521 Airbnb ROI: 4.86% Traditional ROI: 5.21%
1489 Pine View Drive Lancaster, OH Welcome to easy living with space where it matters most. This thoughtfully designed 2-bedr...	2 beds \| 3 baths \| 2,639 sq.ft.	$410,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 3.2% Airbnb Rental Income: $1097 Traditional Rental Income: $2538 Airbnb ROI: -1.52% Traditional ROI: 3.2%
811 S Broad St Lancaster, OH Beautifully remodeled ranch home with 2 bedrooms, 1 bath. Refinished Original hardwood flo...	3 beds \| 1 baths \| 1,232 sq.ft.	$245,000	Airbnb cash on cash: 4.25% Traditional cash on cash: 4% Airbnb Rental Income: $1971 Traditional Rental Income: $1396 Airbnb ROI: 4.25% Traditional ROI: 4%
430 N High St Lancaster, OH Welcome to the potential gem awaiting transformation. This 3 bedroom, 1.5 bathroom home is...	3 beds \| 2 baths \| 2,163 sq.ft.	$279,000	Airbnb cash on cash: 3.61% Traditional cash on cash: 5.12% Airbnb Rental Income: $1971 Traditional Rental Income: $1850 Airbnb ROI: 3.61% Traditional ROI: 5.12%
3597 Country Club Rd SW Lancaster, OH READY for move-in! With meticulous attention to detail and quality, this custom walkout ra...	4 beds \| 2 baths \| 5,635 sq.ft.	$1,349,900	Airbnb cash on cash: -0.34% Traditional cash on cash: -0.44% Airbnb Rental Income: $3673 Traditional Rental Income: $2746 Airbnb ROI: -0.34% Traditional ROI: -0.44%
9261 Rich Hollow Rd SW Lancaster, OH Welcome to your own private escape in the heart of Hocking Hills! Set on over 30 wooded ac...	3 beds \| 3 baths \| 3,631 sq.ft.	$924,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 1.54% Airbnb Rental Income: $1971 Traditional Rental Income: $2679 Airbnb ROI: 0.11% Traditional ROI: 1.54%
1414 Cedar Hill Rd Lancaster, OH Charming and well-maintained 3-bedroom, 2-bath home featuring newer LVT flooring throughou...	3 beds \| 2 baths \| 1,476 sq.ft.	$199,900	Airbnb cash on cash: 5.37% Traditional cash on cash: 6.85% Airbnb Rental Income: $1971 Traditional Rental Income: $1734 Airbnb ROI: 5.37% Traditional ROI: 6.85%
00 Duncan Rd SW Lancaster, OH 00 Duncan Rd SW, Lancaster, OH 43130 \| Other	N/A beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: 0.77% Traditional cash on cash: -1.59% Airbnb Rental Income: $1646 Traditional Rental Income: $408 Airbnb ROI: 0.77% Traditional ROI: -1.59%
1285 Huffer Ave Lancaster, OH 1285 Huffer Ave, Lancaster, OH 43130 \| Single Family Residential	2 beds \| 1 baths \| 906 sq.ft.	$185,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 1.11% Airbnb Rental Income: $1097 Traditional Rental Income: $734 Airbnb ROI: 1.06% Traditional ROI: 1.11%
6008 Hopewell Church Rd SW Lancaster, OH 6008 Hopewell Church Rd SW, Lancaster, OH 43130 \| Single Family Residential	3 beds \| 2 baths \| 1,888 sq.ft.	$525,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 0.58% Airbnb Rental Income: $1971 Traditional Rental Income: $1627 Airbnb ROI: 0.22% Traditional ROI: 0.58%
105 Dogwood Ln Lancaster, OH 105 Dogwood Ln, Lancaster, OH 43130 \| Single Family Residential	5 beds \| 5 baths \| 5,040 sq.ft.	$790,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 3.48% Airbnb Rental Income: $2642 Traditional Rental Income: $4534 Airbnb ROI: 0.06% Traditional ROI: 3.48%
0 Stringtown Rd NW Lancaster, OH 0 Stringtown Rd NW, Lancaster, OH 43130 \| Other	N/A beds \| N/A baths \| N/A	$299,900	Airbnb cash on cash: 1.32% Traditional cash on cash: -1.43% Airbnb Rental Income: $1646 Traditional Rental Income: $408 Airbnb ROI: 1.32% Traditional ROI: -1.43%

Real Estate investment in Lancaster, OH

There are 166 properties for sale in the city of Lancaster . The median list price in Lancaster is $228,132 and the average price per square foot is $121. In June 2026, the average monthly cash on cash return in Lancaster is 3.00%. The average monthly rental income in Lancaster is $1,415.

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

There are 166 investment properties available for sale in Lancaster.

In 2026, 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 $1,971.

Your search for investment property begins and ends here

Investment Property for Sale in Lancaster, OH

2432 Brook Run Dr

Lancaster, OH

4 beds | 2 baths | 2,384 sq.ft.

$399,900

Airbnb cash on cash: 5.31%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $3673

Traditional Rental Income: $2528

Airbnb ROI: 5.31%

Traditional ROI: 4.39%

835 Madison Ave

Lancaster, OH

3 beds | 2 baths | 1,664 sq.ft.

$363,500

Airbnb cash on cash: 2.38%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $1971

Traditional Rental Income: $1734

Airbnb ROI: 2.38%

Traditional ROI: 3.2%

522 E Mulberry St

Lancaster, OH

3 beds | 1 baths | 1,326 sq.ft.

$225,000

Airbnb cash on cash: 4.78%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $1971

Traditional Rental Income: $1320

Airbnb ROI: 4.78%

Traditional ROI: 4.16%

701 Franklin Avenue

Lancaster, OH

3 beds | 4 baths | 2,100 sq.ft.

$355,000

Airbnb cash on cash: 2.01%

Traditional cash on cash: 4.77%

Airbnb Rental Income: $1971

Traditional Rental Income: $2375

Airbnb ROI: 2.01%

Traditional ROI: 4.77%

2315 NW Carroll Eastern Rd NW

Lancaster, OH

3 beds | 3 baths | 2,697 sq.ft.

$524,900

Airbnb cash on cash: 1.34%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $1971

Traditional Rental Income: $2540

Airbnb ROI: 1.34%

Traditional ROI: 3.56%

1751 Tecumseh Dr

Lancaster, OH

3 beds | 3 baths | 2,052 sq.ft.

$359,900

Airbnb cash on cash: 2.26%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $1971

Traditional Rental Income: $2077

Airbnb ROI: 2.26%

Traditional ROI: 4.11%

204 Western St

Lancaster, OH

2 beds | 1 baths | 949 sq.ft.

$65,000

Airbnb cash on cash: 2.45%

Traditional cash on cash: 8.32%

Airbnb Rental Income: $1097

Traditional Rental Income: $1106

Airbnb ROI: 2.45%

Traditional ROI: 8.32%

43 Blue Valley Rd SW

Lancaster, OH

3 beds | 2 baths | 1,976 sq.ft.

$545,000

Airbnb cash on cash: 1.2%

Traditional cash on cash: 2.05%

Airbnb Rental Income: $1971

Traditional Rental Income: $1885

Airbnb ROI: 1.2%