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
2576 Brook Run Drive Lancaster, OH This home has 5 bedrooms upstairs plus a 2nd floor laundry and 2,200 sqft! The home is per...	5 beds \| 3 baths \| 2,200 sq.ft.	$355,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 5.52% Airbnb Rental Income: $2433 Traditional Rental Income: $2644 Airbnb ROI: 3.11% Traditional ROI: 5.52%
608 Sheridan Drive Lancaster, OH Welcome home! This charming 2-bedroom 1-bath gem is full of warmth and character! You'll l...	2 beds \| 1 baths \| 968 sq.ft.	$195,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 4% Airbnb Rental Income: $1394 Traditional Rental Income: $1173 Airbnb ROI: 2.92% Traditional ROI: 4%
534 E Wheeling Street Lancaster, OH Step into the charm of this beautifully maintained old-style 2-story home featuring 4 larg...	4 beds \| 2 baths \| 2,182 sq.ft.	$304,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $2284 Airbnb ROI: N/A Traditional ROI: 6.03%
1150 E Fair Avenue Lancaster, OH FLOORING UPDATES TO BE COMPLETED 10/20! Updates will include refinished hardwoods, carpet,...	3 beds \| 2 baths \| 1,728 sq.ft.	$252,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 5.79% Airbnb Rental Income: $1519 Traditional Rental Income: $1925 Airbnb ROI: 2.23% Traditional ROI: 5.79%
525 N Zane Avenue Lancaster, OH Charming 2-Story Home in the Heart of Lancaster Discover this inviting 2-bedroom, 2-bath ...	2 beds \| 2 baths \| 720 sq.ft.	$139,900	Airbnb cash on cash: 5% Traditional cash on cash: 7.32% Airbnb Rental Income: $1394 Traditional Rental Income: $1284 Airbnb ROI: 5% Traditional ROI: 7.32%
126 Twin Creek Way Lancaster, OH Welcome home to 126 Twin Creek Way. This beautiful 4 beds/2.5 baths 2-story home offers 1,...	4 beds \| 3 baths \| 1,800 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.3% Airbnb Rental Income: $null Traditional Rental Income: $2314 Airbnb ROI: N/A Traditional ROI: 5.3%
2610 Misty Meadows Avenue Lancaster, OH Super nice, modern farmhouse home with open concept style, 9 foot ceilings, and a full bas...	4 beds \| 3 baths \| 1,968 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.91% Airbnb Rental Income: $null Traditional Rental Income: $2840 Airbnb ROI: N/A Traditional ROI: 5.91%
941 Wagner Drive SW Lancaster, OH 'BACK ON THE MARKET'' Tucked at the end of a quiet cul-de-sac across from the Country Clu...	4 beds \| 3 baths \| 2,488 sq.ft.	$574,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.76% Airbnb Rental Income: $null Traditional Rental Income: $2657 Airbnb ROI: N/A Traditional ROI: 2.76%
315 Park Street Lancaster, OH Fully Remodeled Lancaster Gem â 4 Bedrooms, 2 Full Baths Welcome home to this beautif...	4 beds \| 2 baths \| 1,543 sq.ft.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.3% Airbnb Rental Income: $null Traditional Rental Income: $1970 Airbnb ROI: N/A Traditional ROI: 6.3%
1106 E Walnut Street Lancaster, OH Nestled on a peaceful street on Lancaster's east side, this charming 3 bedroom 1.5 bath ho...	3 beds \| 2 baths \| 1,020 sq.ft.	$139,500	Airbnb cash on cash: 5.73% Traditional cash on cash: 7% Airbnb Rental Income: $1519 Traditional Rental Income: $1248 Airbnb ROI: 5.73% Traditional ROI: 7%
204 Western Street Lancaster, OH This adorable partially remodeled 2 bedroom, 1 bath home in Lancaster Campground is waitin...	2 beds \| 1 baths \| 733 sq.ft.	$84,900	Airbnb cash on cash: 4.75% Traditional cash on cash: 6.35% Airbnb Rental Income: $1394 Traditional Rental Income: $1106 Airbnb ROI: 4.75% Traditional ROI: 6.35%
1410 W Fair Avenue Lancaster, OH Welcome to this beautifully maintained 3-bedroom, 1-bath Cape Cod, combining timeless char...	3 beds \| 1 baths \| 1,098 sq.ft.	$208,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 4.71% Airbnb Rental Income: $1519 Traditional Rental Income: $1385 Airbnb ROI: 3.15% Traditional ROI: 4.71%
1331 Marietta Road Lancaster, OH Fell out of contract at no fault to the seller, inspection report available. Discover t...	4 beds \| 3 baths \| 2,408 sq.ft.	$364,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.25% Airbnb Rental Income: $null Traditional Rental Income: $2187 Airbnb ROI: N/A Traditional ROI: 4.25%
1833 Autumn Drive Lancaster, OH This beautiful, well maintained home in River Valley Highlands is now available! It is sit...	3 beds \| 3 baths \| 1,612 sq.ft.	$334,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 2.78% Airbnb Rental Income: $1519 Traditional Rental Income: $1573 Airbnb ROI: 1.2% Traditional ROI: 2.78%
218 Marvel Drive Lancaster, OH Welcome home to this beautifully updated 3-bedroom, 1.5 bath home located in a quiet neigh...	3 beds \| 2 baths \| 1,293 sq.ft.	$299,999	Airbnb cash on cash: 1.76% Traditional cash on cash: 2.97% Airbnb Rental Income: $1519 Traditional Rental Income: $1419 Airbnb ROI: 1.76% Traditional ROI: 2.97%
173 Lakeview Drive NE Lancaster, OH This home has been fully remodeled, and the owners spared no expense. Major updates includ...	3 beds \| 3 baths \| 3,221 sq.ft.	$519,800	Airbnb cash on cash: 0.24% Traditional cash on cash: 2.54% Airbnb Rental Income: $1519 Traditional Rental Income: $2196 Airbnb ROI: 0.24% Traditional ROI: 2.54%
9385 Rich Hollow Road 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: N/A Traditional cash on cash: 0.97% Airbnb Rental Income: $null Traditional Rental Income: $1772 Airbnb ROI: N/A Traditional ROI: 0.97%
238 N George Street Lancaster, OH Move-in ready! This beautifully renovated home features new kitchen appliances, modern bat...	3 beds \| 2 baths \| 1,185 sq.ft.	$175,000	Airbnb cash on cash: 4.17% Traditional cash on cash: 3.46% Airbnb Rental Income: $1519 Traditional Rental Income: $958 Airbnb ROI: 4.17% Traditional ROI: 3.46%
855 S Broad Street Lancaster, OH Welcome to a completely renovated home, perfectly suited for immediate move-in. Throughout...	3 beds \| 1 baths \| 997 sq.ft.	$195,000	Airbnb cash on cash: 3.63% Traditional cash on cash: 3.93% Airbnb Rental Income: $1519 Traditional Rental Income: $1132 Airbnb ROI: 3.63% Traditional ROI: 3.93%
255 9th Street Lancaster, OH Charming home in the heart of Lancaster Camp Ground â perfect starter home or seasonal r...	1 beds \| 1 baths \| 726 sq.ft.	$112,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 3.66% Airbnb Rental Income: $1354 Traditional Rental Income: $979 Airbnb ROI: 3.29% Traditional ROI: 3.66%
1080 Coonpath Road NW Lancaster, OH Can you have it all? Yes you can! Welcome to 2,030 SqFt of thoughtfully designed luxury li...	3 beds \| 2 baths \| 2,030 sq.ft.	$385,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 3.67% Airbnb Rental Income: $1519 Traditional Rental Income: $2148 Airbnb ROI: 0.71% Traditional ROI: 3.67%
171-173 E 6th Avenue Lancaster, OH Turnkey multifamily with 2 Duplexes on one parcel. It's rare to find a property like this ...	N/A beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 0.67% Airbnb Rental Income: $1519 Traditional Rental Income: $975 Airbnb ROI: 0.91% Traditional ROI: 0.67%
71 3rd Street Lancaster, OH Check out this spacious, beautifully updated home in the Lancaster Campground communityâ...	2 beds \| 1 baths \| 1,014 sq.ft.	$80,000	Airbnb cash on cash: 5.65% Traditional cash on cash: 7.41% Airbnb Rental Income: $1394 Traditional Rental Income: $1111 Airbnb ROI: 5.65% Traditional ROI: 7.41%
100 Wilson Avenue Lancaster, OH Enjoy modern small-town living! A complete top-to-bottom renovation with all the charm of...	4 beds \| 2 baths \| 2,383 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.02% Airbnb Rental Income: $null Traditional Rental Income: $2064 Airbnb ROI: N/A Traditional ROI: 5.02%
1917 Nichole Circle Lancaster, OH Welcome to this exquisite 3,780 square foot custom-built brick home, where timeless elegan...	4 beds \| 4 baths \| 3,780 sq.ft.	$639,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.38% Airbnb Rental Income: $null Traditional Rental Income: $3231 Airbnb ROI: N/A Traditional ROI: 3.38%
115 E Wheeling Street Lancaster, OH This 1877 Victorian-era beauty exhibits all of the 19th century grandeur and craftsmanship...	4 beds \| 4 baths \| 4,400 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.95% Airbnb Rental Income: $null Traditional Rental Income: $3178 Airbnb ROI: N/A Traditional ROI: 5.95%
1000 Goodwin Avenue Lancaster, OH Investor alert! This 'Handyman Special' sits smack in the heart of Lancaster, ready for so...	4 beds \| 2 baths \| 812 sq.ft.	$94,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.63% Airbnb Rental Income: $null Traditional Rental Income: $1545 Airbnb ROI: N/A Traditional ROI: 10.63%
810 4th Street Lancaster, OH Everything's NEWâJust for You! Step into this fully renovated gem featuring: Brand-New...	3 beds \| 1 baths \| 864 sq.ft.	$229,900	Airbnb cash on cash: 3.01% Traditional cash on cash: 3.24% Airbnb Rental Income: $1519 Traditional Rental Income: $1127 Airbnb ROI: 3.01% Traditional ROI: 3.24%
1801 Pleasantview Drive NE Lancaster, OH Nestled in a park like setting and custom built by master craftsman Mark Friend, this well...	5 beds \| 4 baths \| 4,190 sq.ft.	$664,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 3.52% Airbnb Rental Income: $2433 Traditional Rental Income: $3492 Airbnb ROI: 0.85% Traditional ROI: 3.52%
819 Spring Street Lancaster, OH Say hello to 819 Spring Street â a 4-bedroom, 1-bath Cape Cod that's perfect for anyone ...	4 beds \| 1 baths \| 1,548 sq.ft.	$153,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.05% Airbnb Rental Income: $null Traditional Rental Income: $1598 Airbnb ROI: N/A Traditional ROI: 8.05%
206 E Fair Avenue Lancaster, OH NICE NEW PRICE! MOTIVATED SELLERS! CHARMING TWO-STORY HOME FULL OF CHARACTER WITH BEST ...	3 beds \| 1 baths \| 1,697 sq.ft.	$310,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.79% Airbnb Rental Income: $1519 Traditional Rental Income: $1447 Airbnb ROI: 1.52% Traditional ROI: 2.79%
700 E Allen Street Lancaster, OH This beautifully renovated two-story home in Lancaster, Ohio offers modern updates with cl...	3 beds \| 1 baths \| 1,146 sq.ft.	$207,000	Airbnb cash on cash: 3.65% Traditional cash on cash: 4.54% Airbnb Rental Income: $1519 Traditional Rental Income: $1252 Airbnb ROI: 3.65% Traditional ROI: 4.54%
130 Boving Road Lancaster, OH Discover the perfect blend of modern updates and farmhouse charm just outside of downtown ...	4 beds \| 3 baths \| 3,960 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.25% Airbnb Rental Income: $null Traditional Rental Income: $2765 Airbnb ROI: N/A Traditional ROI: 2.25%
507 W Hubert Avenue Lancaster, OH Welcome home to this well maintained three bedroom,two bath ranch style home. This home of...	3 beds \| 2 baths \| 988 sq.ft.	$220,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 4.69% Airbnb Rental Income: $1519 Traditional Rental Income: $1456 Airbnb ROI: 2.87% Traditional ROI: 4.69%
2445 Columbus-Lancaster Rd NW #248 Hickory Lancaster, OH This gorgeous 2016 mobile home has 5 bedrooms, 2 Full bathrooms with nearly 1,900 sq ft of...	5 beds \| 2 baths \| 1,848 sq.ft.	$110,000	Airbnb cash on cash: 7.93% Traditional cash on cash: 10.2% Airbnb Rental Income: $2433 Traditional Rental Income: $2081 Airbnb ROI: 7.93% Traditional ROI: 10.2%
716 N Mount Pleasant Avenue Lancaster, OH This fully renovated 4-bedroom, 2-bath home is a showstopper! Every inch has been updated ...	4 beds \| 2 baths \| 1,692 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $1994 Airbnb ROI: N/A Traditional ROI: 5.9%
1889 Salt Lick Drive Lancaster, OH Spacious 4-bedroom, 2.5-bath home located in the desirable River Valley Highlands neighbor...	4 beds \| 3 baths \| 3,327 sq.ft.	$349,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.25% Airbnb Rental Income: $null Traditional Rental Income: $2853 Airbnb ROI: N/A Traditional ROI: 6.25%
10410 Rich Hollow Road SW Lancaster, OH This incredible country retreat has it all! Sitting on nearly 4 beautiful acres in the hig...	3 beds \| 3 baths \| 1,756 sq.ft.	$449,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 2.96% Airbnb Rental Income: $1519 Traditional Rental Income: $2036 Airbnb ROI: 0.68% Traditional ROI: 2.96%
405 N Broad Street Lancaster, OH 'Club 405' - A Historic Gem with Grand Entertaining Spaces and Timeless Charm. Step into h...	4 beds \| 3 baths \| 3,269 sq.ft.	$399,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.41% Airbnb Rental Income: $null Traditional Rental Income: $2437 Airbnb ROI: N/A Traditional ROI: 4.41%
2445 Columbus Lancaster Road NW #Lot 176 Lancaster, OH Spacious four-bedroom, two-bath home on Lot 176 in Colonial Estates, a community located i...	4 beds \| 2 baths \| 1,296 sq.ft.	$68,990	Airbnb cash on cash: N/A Traditional cash on cash: 8.45% Airbnb Rental Income: $null Traditional Rental Income: $1649 Airbnb ROI: N/A Traditional ROI: 8.45%

Real Estate investment in Lancaster, OH

There are 90 properties for sale in the city of Lancaster . The median list price in Lancaster is $287,450 and the average price per square foot is $155. In October 2025, the average monthly cash on cash return in Lancaster is 5.00%. The average monthly rental income in Lancaster is $1,965.

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

There are 90 investment properties available for sale in Lancaster.

In 2025, the best neighborhood to buy investment property is Lancaster.

The ROI for Long-Term is higher than the Short-Term in Lancaster with average rental income of $1,965.

Your search for investment property begins and ends here

Investment Property for Sale in Lancaster, OH

2576 Brook Run Drive

Lancaster, OH

5 beds | 3 baths | 2,200 sq.ft.

$355,000

Airbnb cash on cash: 3.11%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $2433

Traditional Rental Income: $2644

Airbnb ROI: 3.11%

Traditional ROI: 5.52%

608 Sheridan Drive

Lancaster, OH

2 beds | 1 baths | 968 sq.ft.

$195,000

Airbnb cash on cash: 2.92%

Traditional cash on cash: 4%

Airbnb Rental Income: $1394

Traditional Rental Income: $1173

Airbnb ROI: 2.92%

Traditional ROI: 4%

534 E Wheeling Street

Lancaster, OH

4 beds | 2 baths | 2,182 sq.ft.

$304,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2284

Airbnb ROI: N/A

Traditional ROI: 6.03%

1150 E Fair Avenue

Lancaster, OH

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

$252,000

Airbnb cash on cash: 2.23%

Traditional cash on cash: 5.79%

Airbnb Rental Income: $1519

Traditional Rental Income: $1925

Airbnb ROI: 2.23%

Traditional ROI: 5.79%

525 N Zane Avenue

Lancaster, OH

2 beds | 2 baths | 720 sq.ft.

$139,900

Airbnb cash on cash: 5%

Traditional cash on cash: 7.32%

Airbnb Rental Income: $1394

Traditional Rental Income: $1284

Airbnb ROI: 5%

Traditional ROI: 7.32%

126 Twin Creek Way

Lancaster, OH

4 beds | 3 baths | 1,800 sq.ft.

$340,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.3%

Airbnb Rental Income: $null

Traditional Rental Income: $2314

Airbnb ROI: N/A

Traditional ROI: 5.3%

2610 Misty Meadows Avenue

Lancaster, OH

4 beds | 3 baths | 1,968 sq.ft.

$369,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.91%

Airbnb Rental Income: $null

Traditional Rental Income: $2840

Airbnb ROI: N/A

Traditional ROI: 5.91%

941 Wagner Drive SW

Lancaster, OH

4 beds | 3 baths | 2,488 sq.ft.

$574,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2657

Airbnb ROI: N/A