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 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.	$294,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.26% Airbnb Rental Income: $null Traditional Rental Income: $2284 Airbnb ROI: N/A Traditional ROI: 6.26%
970 Elizabeth Drive Lancaster, OH Charming 4-bedroom, 2-bath raised ranch in Lancaster's Hunter Trace subdivision! This well...	4 beds \| 2 baths \| 1,680 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.11% Airbnb Rental Income: $null Traditional Rental Income: $2095 Airbnb ROI: N/A Traditional ROI: 6.11%
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 \| 2 baths \| 1,801 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $2314 Airbnb ROI: N/A Traditional ROI: 5.48%
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.	$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%
230 Lake Street Lancaster, OH Step into this stunning American Foursquare, where classic lines and thoughtful updates bl...	3 beds \| 2 baths \| 1,622 sq.ft.	$294,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.74% Airbnb Rental Income: $null Traditional Rental Income: $1879 Airbnb ROI: N/A Traditional ROI: 4.74%
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.	$75,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.26% Airbnb Rental Income: $null Traditional Rental Income: $1106 Airbnb ROI: N/A Traditional ROI: 7.26%
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 Drive Lancaster, OH HOME QUALIFIES FOR DOWN PAYMENT ASSISTANCE & CLOSING COST ASSISTANCE THROUGH BANK OF AMERI...	3 beds \| 2 baths \| 1,618 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.53% Airbnb Rental Income: $null Traditional Rental Income: $1707 Airbnb ROI: N/A Traditional ROI: 2.53%
132 N Pierce Avenue Lancaster, OH Adorable Cape Cod ? Move-In Ready with Modern Updates! Welcome to this charming Cape Cod h...	3 beds \| 1 baths \| 739 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $1051 Airbnb ROI: N/A Traditional ROI: 4.53%
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.	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.35% Airbnb Rental Income: $null Traditional Rental Income: $958 Airbnb ROI: N/A Traditional ROI: 4.35%
1101 Beechwood Drive 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.	$359,900	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%
1809 Marrose Drive Lancaster, OH Welcome home to this beautifully maintained ranch located in a highly desirable and well-e...	4 beds \| 2 baths \| 1,782 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.98% Airbnb Rental Income: $null Traditional Rental Income: $1629 Airbnb ROI: N/A Traditional ROI: 3.98%
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.	$188,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $1252 Airbnb ROI: N/A Traditional ROI: 5.09%
2165 Tent Road NE Lancaster, OH ATTENTION INVESTORS! Discover the potential of this farmhouse renovation nestled along a c...	3 beds \| 2 baths \| 1,792 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $1487 Airbnb ROI: N/A Traditional ROI: 6.07%
2655 Lancaster Thornville Road NE Lancaster, OH SELLER WILL CONTRIBUTE $5000 TOWARDS YOUR BUYERS CLOSING COST!!! WOW! it's not a new build...	3 beds \| 2 baths \| 1,924 sq.ft.	$270,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.85% Airbnb Rental Income: $null Traditional Rental Income: $2028 Airbnb ROI: N/A Traditional ROI: 5.85%
284 Blue Valley Road SE Lancaster, OH '' BACK ON THE MARKET DUE TO NO FAULT OF THE SELLER '' Property approved for FHA. Country ...	4 beds \| 2 baths \| 1,596 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.32% Airbnb Rental Income: $null Traditional Rental Income: $1967 Airbnb ROI: N/A Traditional ROI: 5.32%
2149 Pleasantview Drive NE Lancaster, OH Turnkey renovation! Featuring sun-filled rooms, gleaming oak hardwood flooring, & fully up...	3 beds \| 2 baths \| 1,408 sq.ft.	$354,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.58% Airbnb Rental Income: $null Traditional Rental Income: $1832 Airbnb ROI: N/A Traditional ROI: 3.58%
9261 Rich Hollow Road 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.	$989,900	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 Drive 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%
5368 Hopewell Church Road SW Lancaster, OH NEW PRICE AND IMMEDIATE POSSESSION! This beautifully updated ranch is perfectly nestled in...	3 beds \| 2 baths \| 2,020 sq.ft.	$369,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $2175 Airbnb ROI: N/A Traditional ROI: 4.38%
1804 Pleasantville Road Lancaster, OH Own a piece of Fairfield County history! Established in 1876, the Busby schoolhouse has be...	4 beds \| 2 baths \| 1,514 sq.ft.	$448,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.28% Airbnb Rental Income: $null Traditional Rental Income: $2080 Airbnb ROI: N/A Traditional ROI: 3.28%
720 W Hubert Avenue Lancaster, OH Duplex in Lancaster! This duplex features two separate units, perfect for an owner-occupan...	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $1385 Airbnb ROI: N/A Traditional ROI: 4.53%
708 N High Street Lancaster, OH Beautifully preserved 2 - story home with historic charm, original woodworking, and hardwo...	3 beds \| 2 baths \| 2,123 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $2138 Airbnb ROI: N/A Traditional ROI: 4.57%
5440 Borah Hill Road SE Lancaster, OH BACK ON MARKET AT NO FAULT TO THE SELLER. Must See! Discover peace, space, and privacy on ...	4 beds \| 4 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%
367 12th Street Lancaster, OH Discover the perfect blend of business and lifestyle with this year-round campground nestl...	1 beds \| 1 baths \| 859 sq.ft.	$80,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.2% Airbnb Rental Income: $null Traditional Rental Income: $1093 Airbnb ROI: N/A Traditional ROI: 10.2%
953 Garfield Avenue Lancaster, OH This exceptional property boasts an array of desirable features, including four spacious c...	2 beds \| 1 baths \| 816 sq.ft.	$242,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.29% Airbnb Rental Income: $null Traditional Rental Income: $1200 Airbnb ROI: N/A Traditional ROI: 3.29%
1295 Quarry Road SE Lancaster, OH The current owner of 47 years is passing the torch, giving a new family the chance to crea...	3 beds \| 2 baths \| 1,444 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $1876 Airbnb ROI: N/A Traditional ROI: 5.63%
5465 Old Logan Road SE Lancaster, OH Charming Ranch in Berne Union School District - Move-In Ready with Room to Grow! New Furna...	4 beds \| 2 baths \| 1,176 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $1716 Airbnb ROI: N/A Traditional ROI: 4.08%
936 Harrison Avenue Lancaster, OH This fully remodeled 3-bedroom ranch blends modern updates with everyday comfort. The kitc...	3 beds \| 1 baths \| 768 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $1196 Airbnb ROI: N/A Traditional ROI: 5.13%
3 1st Street 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%
538 E 6th Avenue Lancaster, OH Welcome to this beautifully maintained 2-story home, offering the perfect blend of comfort...	3 beds \| 2 baths \| 1,704 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.24% Airbnb Rental Income: $null Traditional Rental Income: $1939 Airbnb ROI: N/A Traditional ROI: 5.24%
1628 W Fair Avenue 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%
5550 Westfall Road SW Lancaster, OH Welcome to this charming ranch home situated on a peaceful, semi-rural setting just minute...	3 beds \| 2 baths \| 1,286 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $1711 Airbnb ROI: N/A Traditional ROI: 4.53%
1590 Northwood Drive NE Lancaster, OH Bring your vision to 1590 Northwood Drive NE in Lancaster. This spacious home sits on two ...	4 beds \| 3 baths \| 2,221 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.7% Airbnb Rental Income: $null Traditional Rental Income: $2718 Airbnb ROI: N/A Traditional ROI: 6.7%
1046 Sugar Grove Road SE Lancaster, OH Welcome home to this beautifully updated Cape Cod on the edge of Lancaster! This 3-bedroom...	3 beds \| 2 baths \| 1,710 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.2% Airbnb Rental Income: $null Traditional Rental Income: $2006 Airbnb ROI: N/A Traditional ROI: 7.2%
465 Ginder Road NW Lancaster, OH You'll be amazed by the craftsmanship and perfection of this custom log home on 3.4 acres ...	3 beds \| 3 baths \| 2,520 sq.ft.	$679,888	Airbnb cash on cash: N/A Traditional cash on cash: 1.91% Airbnb Rental Income: $null Traditional Rental Income: $2552 Airbnb ROI: N/A Traditional ROI: 1.91%
441 E Locust Street Lancaster, OH Welcome to 441 E Locust St! This homes's 3 bedrooms and 1.5 baths fit into 1,560 sqft of l...	3 beds \| 2 baths \| 1,560 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.13% Airbnb Rental Income: $null Traditional Rental Income: $1839 Airbnb ROI: N/A Traditional ROI: 9.13%
144 Lynwood Lane Lancaster, OH Charming and move-in ready, this 3-bedroom ranch-style home sits on a .37-acre lot and off...	3 beds \| 2 baths \| 1,158 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.8% Airbnb Rental Income: $null Traditional Rental Income: $1558 Airbnb ROI: N/A Traditional ROI: 3.8%

Real Estate investment in Lancaster, OH

There are 55 properties for sale in the city of Lancaster . The median list price in Lancaster is $284,900 and the average price per square foot is $165. In December 2025, the average monthly cash on cash return in Lancaster is 4.00%. The average monthly rental income in Lancaster is $1,836.

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

There are 55 investment properties available for sale in Lancaster.

In 2025, 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 Street

Lancaster, OH

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

$294,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.26%

Airbnb Rental Income: $null

Traditional Rental Income: $2284

Airbnb ROI: N/A

Traditional ROI: 6.26%

970 Elizabeth Drive

Lancaster, OH

4 beds | 2 baths | 1,680 sq.ft.

$270,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.11%

Airbnb Rental Income: $null

Traditional Rental Income: $2095

Airbnb ROI: N/A

Traditional ROI: 6.11%

126 Twin Creek Way

Lancaster, OH

4 beds | 2 baths | 1,801 sq.ft.

$330,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.48%

Airbnb Rental Income: $null

Traditional Rental Income: $2314

Airbnb ROI: N/A

Traditional ROI: 5.48%

1106 E Walnut Street

Lancaster, OH

3 beds | 2 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%

230 Lake Street

Lancaster, OH

3 beds | 2 baths | 1,622 sq.ft.

$294,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.74%

Airbnb Rental Income: $null

Traditional Rental Income: $1879

Airbnb ROI: N/A

Traditional ROI: 4.74%

204 Western Street

Lancaster, OH

2 beds | 1 baths | 733 sq.ft.

$75,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.26%

Airbnb Rental Income: $null

Traditional Rental Income: $1106

Airbnb ROI: N/A

Traditional ROI: 7.26%

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 Drive

Lancaster, OH

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

$385,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.53%

Airbnb Rental Income: $null

Traditional Rental Income: $1707

Airbnb ROI: N/A