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
534 E Wheeling St Lancaster, OH Step into the charm of this beautifully maintained old-style 2-story home featuring 4 larg...	4 beds \| 1 baths \| 2,182 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.78% Airbnb Rental Income: $null Traditional Rental Income: $2284 Airbnb ROI: N/A Traditional ROI: 6.78%
1106 E Walnut St Lancaster, OH Nestled on a peaceful street on Lancaster's east side, this charming 3 bedroom 1.5 bath ho...	3 beds \| 1 baths \| 1,020 sq.ft.	$132,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.44% Airbnb Rental Income: $null Traditional Rental Income: $1248 Airbnb ROI: N/A Traditional ROI: 7.44%
12521 Jack Run Road Lancaster, OH This is your chance to own a unique piece of the Hocking Hills. Discover rare beauty and p...	3 beds \| 2 baths \| 2,600 sq.ft.	$945,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.05% Airbnb Rental Income: $null Traditional Rental Income: $2296 Airbnb ROI: N/A Traditional ROI: 1.05%
2241 Brookside Dr Lancaster, OH HOME QUALIFIES FOR DOWN PAYMENT ASSISTANCE & CLOSING COST ASSISTANCE THROUGH BANK OF AMERI...	3 beds \| 2 baths \| 1,618 sq.ft.	$369,994	Airbnb cash on cash: N/A Traditional cash on cash: 2.66% Airbnb Rental Income: $null Traditional Rental Income: $1707 Airbnb ROI: N/A Traditional ROI: 2.66%
338 Scott Dr Lancaster, OH Welcome to this beautiful 4 bedroom home in Lancaster! Tons of updates including a full ki...	4 beds \| 2 baths \| 2,767 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $3171 Airbnb ROI: N/A Traditional ROI: 6.38%
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: N/A Traditional cash on cash: 0.97% Airbnb Rental Income: $null Traditional Rental Income: $1772 Airbnb ROI: N/A Traditional ROI: 0.97%
311 E Allen St Lancaster, OH Back on the market at no fault to the Sellers. Buyer's contingency expired. It's a great o...	5 beds \| 1 baths \| 2,584 sq.ft.	$394,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.93% Airbnb Rental Income: $null Traditional Rental Income: $2292 Airbnb ROI: N/A Traditional ROI: 3.93%
1101 Beechwood Dr NE Lancaster, OH Welcome to this charming ranch nestled on nearly an acre in one of Lancaster's most desira...	3 beds \| 2 baths \| 1,768 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $2192 Airbnb ROI: N/A Traditional ROI: 4.48%
810 4th St Lancaster, OH Everything's NEW-Just for You! Step into this fully renovated gem featuring: Brand-New Roo...	3 beds \| 1 baths \| 864 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.43% Airbnb Rental Income: $null Traditional Rental Income: $1127 Airbnb ROI: N/A Traditional ROI: 3.43%
1889 Salt Lick Drive Lancaster, OH Spacious 4-bedroom, 2.5-bath home located in the desirable River Valley Highlands neighbor...	4 beds \| 2 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%
284 Blue Valley Rd SE Lancaster, OH Country living at its finest-without the high cost! This adorable, freshly remodeled home ...	4 beds \| 2 baths \| 1,596 sq.ft.	$284,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.34% Airbnb Rental Income: $null Traditional Rental Income: $1967 Airbnb ROI: N/A Traditional ROI: 5.34%
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.	$949,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.37% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 1.37%
1632 Bush Hill Dr Lancaster, OH Welcome to this meticulously maintained, like new, one owner, Ranch style home situated in...	3 beds \| 2 baths \| 1,632 sq.ft.	$357,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $1965 Airbnb ROI: N/A Traditional ROI: 3.82%
1804 Pleasantville Rd Lancaster, OH Own a piece of Fairfield County history! Established in 1876, the Busby schoolhouse has be...	4 beds \| 1 baths \| 1,514 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.4% Airbnb Rental Income: $null Traditional Rental Income: $2080 Airbnb ROI: N/A Traditional ROI: 3.4%
5440 Borah Hill Rd SE Lancaster, OH BACK ON MARKET AT NO FAULT TO THE SELLER. Must See! Discover peace, space, and privacy on ...	4 beds \| 3 baths \| 5,360 sq.ft.	$949,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.95% Airbnb Rental Income: $null Traditional Rental Income: $3288 Airbnb ROI: N/A Traditional ROI: 1.95%
3 1st St Lancaster, OH THE CURRENT OWNER WILL PAY THE FIRST THREE MONTHS OF NEW OWNERS HOA FEE! Welcome to the La...	2 beds \| 1 baths \| 640 sq.ft.	$79,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $967 Airbnb ROI: N/A Traditional ROI: 5.62%
846 E Main St Lancaster, OH Welcome to 846 Main Street, a standout property in the heart of Lancaster's thriving downt...	2 beds \| 2 baths \| 2,981 sq.ft.	$324,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.2% Airbnb Rental Income: $null Traditional Rental Income: $1903 Airbnb ROI: N/A Traditional ROI: 4.2%
1628 W Fair Ave Lancaster, OH Investor special. Excellent corner lot. Home will need rehabbing. Curb offers only. Please...	1 beds \| 1 baths \| 704 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.2% Airbnb Rental Income: $null Traditional Rental Income: $1029 Airbnb ROI: N/A Traditional ROI: 6.2%
510 W Wheeling Street Lancaster, OH Solid duplex investment opportunity! Each unit features two bedrooms and a full basement. ...	N/A beds \| N/A baths \| N/A	$99,999	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $1177 Airbnb ROI: N/A Traditional ROI: 8.51%
144 Lynwood Ln Lancaster, OH Charming and move-in ready, this 3-bedroom ranch-style home sits on a .37-acre lot and off...	3 beds \| 1 baths \| 1,158 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.98% Airbnb Rental Income: $null Traditional Rental Income: $1558 Airbnb ROI: N/A Traditional ROI: 3.98%
2412 W Fair Ave Lancaster, OH You will fall in love with this adorable, fully remodeled floor to ceiling, 1,201 square f...	3 beds \| 2 baths \| 1,201 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $1715 Airbnb ROI: N/A Traditional ROI: 3.92%
1286 Stonehill Ln Lancaster, OH CONDO WITH FULL BASEMENT! Welcome home to this lovely 2-bedroom, 2-bath condo in the popul...	2 beds \| 2 baths \| 1,449 sq.ft.	$349,888	Airbnb cash on cash: N/A Traditional cash on cash: 2.34% Airbnb Rental Income: $null Traditional Rental Income: $1850 Airbnb ROI: N/A Traditional ROI: 2.34%
641 King St Lancaster, OH This King is looking for his Queen! Stunning 3 Bedroom - 2 Full Bath - Fully Updated Home ...	3 beds \| 2 baths \| 1,448 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.84% Airbnb Rental Income: $null Traditional Rental Income: $1796 Airbnb ROI: N/A Traditional ROI: 4.84%
7835 E Ohio State Ln NW Lancaster, OH Beautiful and spacious 3 BR, 2.5 BA two story on almost an acre in the highly desirable Co...	3 beds \| 2 baths \| 2,024 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.62% Airbnb Rental Income: $null Traditional Rental Income: $2123 Airbnb ROI: N/A Traditional ROI: 3.62%
3485 Lancaster Kirkersville Rd NW Lancaster, OH * OPEN HOUSE Sunday January 18th FROM 2-4** Discover cozy charm and modern comfort in ...	3 beds \| 2 baths \| 1,281 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $1696 Airbnb ROI: N/A Traditional ROI: 4.85%
820 N Broad St Lancaster, OH If you're in the market for a charming Victorian folk home on a corner lot in the heart of...	3 beds \| 1 baths \| 1,932 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $2127 Airbnb ROI: N/A Traditional ROI: 4.48%
3020 Meadowbrook Drive NE Lancaster, OH Enjoy the best of both worlds with this 3-bedroom, 2 full bath home tucked away on a spaci...	3 beds \| 2 baths \| 1,120 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $1501 Airbnb ROI: N/A Traditional ROI: 3.27%
435 Alison Court Lancaster, OH Investment Opportunity Well-built home ready for its next chapter. Light work needed, clea...	3 beds \| 1 baths \| 864 sq.ft.	$160,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.99% Airbnb Rental Income: $null Traditional Rental Income: $1178 Airbnb ROI: N/A Traditional ROI: 4.99%
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.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 6% Airbnb Rental Income: $null Traditional Rental Income: $1734 Airbnb ROI: N/A Traditional ROI: 6%
7545 Royalton Rd SW Lancaster, OH Beautifully updated 3-bedroom, 2-full-bath home offering approximately 1,200 square feet o...	3 beds \| 2 baths \| 1,202 sq.ft.	$344,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.9% Airbnb Rental Income: $null Traditional Rental Income: $1569 Airbnb ROI: N/A Traditional ROI: 2.9%
1281 E Allen St Lancaster, OH OPEN HOUSE, Sunday, 1/18/26, 1-3 PM This beautiful, conveniently-located split-level h...	3 beds \| 2 baths \| 1,794 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.21% Airbnb Rental Income: $null Traditional Rental Income: $2019 Airbnb ROI: N/A Traditional ROI: 6.21%
1295 Ginder Rd NW Lancaster, OH Spacious and fully updated 4-bedroom, 2.5-bath ranch located in the Bloom-Carroll School D...	4 beds \| 2 baths \| 1,680 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.07% Airbnb Rental Income: $null Traditional Rental Income: $2027 Airbnb ROI: N/A Traditional ROI: 3.07%
245 Rainbow Dr NE Lancaster, OH Set on nearly 1.5 acres just outside the city limits, this charming brick ranch offers the...	3 beds \| 2 baths \| 1,888 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.99% Airbnb Rental Income: $null Traditional Rental Income: $2046 Airbnb ROI: N/A Traditional ROI: 2.99%
426 Alison Court Lancaster, OH Welcome to 426 Alison Ct, a private retreat in Lancaster nestled on a quiet court that bac...	3 beds \| 2 baths \| 1,592 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $1931 Airbnb ROI: N/A Traditional ROI: 4.53%
81 5th St Lancaster, OH Talk about CUTE! This cottage is located in Lancaster Campgrounds; it is completely renova...	1 beds \| 1 baths \| 530 sq.ft.	$95,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.02% Airbnb Rental Income: $null Traditional Rental Income: $906 Airbnb ROI: N/A Traditional ROI: 4.02%
1306 Shumaker Avenue Lancaster, OH Welcome home to this cozy and well-maintained three-bedroom, two full-bath ranch in a desi...	3 beds \| 2 baths \| 1,589 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $1895 Airbnb ROI: N/A Traditional ROI: 4.87%
517 N Maple St Lancaster, OH Completely remodeled 3-bedroom, 1-bath home in Lancaster featuring stylish updates and tho...	3 beds \| 1 baths \| 1,120 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.5% Airbnb Rental Income: $null Traditional Rental Income: $1237 Airbnb ROI: N/A Traditional ROI: 4.5%
453 Bren Dr Lancaster, OH Welcome to 453 Bren Drive in Lancaster - fresh, clean, and move-in ready! This home has be...	3 beds \| 2 baths \| 1,672 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.64% Airbnb Rental Income: $null Traditional Rental Income: $1868 Airbnb ROI: N/A Traditional ROI: 3.64%
507 Washington Ave Lancaster, OH This cozy home offers three bedrooms upstairs and a versatile bonus room on the main floor...	3 beds \| 1 baths \| 994 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.87% Airbnb Rental Income: $null Traditional Rental Income: $1121 Airbnb ROI: N/A Traditional ROI: 3.87%

Real Estate investment in Lancaster, OH

There are 122 properties for sale in the city of Lancaster . The median list price in Lancaster is $425,000 and the average price per square foot is $230. In February 2026, the average monthly cash on cash return in Lancaster is 4.00%. The average monthly rental income in Lancaster is $1,796.

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

There are 122 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 $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Lancaster, OH

534 E Wheeling St

Lancaster, OH

4 beds | 1 baths | 2,182 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2284

Airbnb ROI: N/A

Traditional ROI: 6.78%

1106 E Walnut St

Lancaster, OH

3 beds | 1 baths | 1,020 sq.ft.

$132,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.44%

Airbnb Rental Income: $null

Traditional Rental Income: $1248

Airbnb ROI: N/A

Traditional ROI: 7.44%

12521 Jack Run Road

Lancaster, OH

3 beds | 2 baths | 2,600 sq.ft.

$945,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2296

Airbnb ROI: N/A

Traditional ROI: 1.05%

2241 Brookside Dr

Lancaster, OH

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

$369,994

Airbnb cash on cash: N/A

Traditional cash on cash: 2.66%

Airbnb Rental Income: $null

Traditional Rental Income: $1707

Airbnb ROI: N/A

Traditional ROI: 2.66%

338 Scott Dr

Lancaster, OH

4 beds | 2 baths | 2,767 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.38%

Airbnb Rental Income: $null

Traditional Rental Income: $3171

Airbnb ROI: N/A

Traditional ROI: 6.38%

9385 Rich Hollow Rd SW

Lancaster, OH

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%

311 E Allen St

Lancaster, OH

5 beds | 1 baths | 2,584 sq.ft.

$394,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.93%

Airbnb Rental Income: $null

Traditional Rental Income: $2292

Airbnb ROI: N/A

Traditional ROI: 3.93%

1101 Beechwood Dr NE

Lancaster, OH

3 beds | 2 baths | 1,768 sq.ft.

$320,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.48%

Airbnb Rental Income: $null

Traditional Rental Income: $2192

Airbnb ROI: N/A