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
2072 N Columbus St Lancaster, OH LOCATION LOCATION LOCATION. This four bedroom brick home offers terrific amenities. From ...	4 beds \| 3 baths \| 2,533 sq.ft.	$349,999	Airbnb cash on cash: 6.43% Traditional cash on cash: 6.43% Airbnb Rental Income: $3456 Traditional Rental Income: $2694 Airbnb ROI: 6.43% Traditional ROI: 6.43%
956 Meda Ave Lancaster, OH Investor and homebuyer opportunity! This property is being offered at a live auction on 12...	2 beds \| 1 baths \| 1,857 sq.ft.	$230,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 2.4% Airbnb Rental Income: $1289 Traditional Rental Income: $853 Airbnb ROI: 2.55% Traditional ROI: 2.4%
140 Williamsburg Lane NW Lancaster, OH Meticulously maintained 3 bedroom 1 bath home on a well-manicured lot. This home has many ...	3 beds \| 1 baths \| 1,048 sq.ft.	$219,900	Airbnb cash on cash: 5.31% Traditional cash on cash: 3.83% Airbnb Rental Income: $2124 Traditional Rental Income: $1274 Airbnb ROI: 5.31% Traditional ROI: 3.83%
1404 Autumn Dr Lancaster, OH Spacious 3 br, 2 1/2 bath home on corner lot. Immediate possession! Rich wood flooring in ...	3 beds \| 2 baths \| 2,070 sq.ft.	$339,990	Airbnb cash on cash: 3.05% Traditional cash on cash: 2.48% Airbnb Rental Income: $2124 Traditional Rental Income: $1401 Airbnb ROI: 3.05% Traditional ROI: 2.48%
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.	$389,900	Airbnb cash on cash: 4.97% Traditional cash on cash: 4.53% Airbnb Rental Income: $3456 Traditional Rental Income: $2528 Airbnb ROI: 4.97% Traditional ROI: 4.53%
5901 Wilson Rd NW Lancaster, OH Completely finished lower level includes bedroom, full bath, and family room with fireplac...	4 beds \| 2 baths \| 1,816 sq.ft.	$359,900	Airbnb cash on cash: 6.11% Traditional cash on cash: 3.59% Airbnb Rental Income: $3456 Traditional Rental Income: $1839 Airbnb ROI: 6.11% Traditional ROI: 3.59%
1691 E Glenhurst Dr NW Lancaster, OH Large 2.75 acre lot in Blom Carroll School District with stocked pond and amazing 2900+ sq...	5 beds \| 3 baths \| 4,484 sq.ft.	$650,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 1.9% Airbnb Rental Income: $3672 Traditional Rental Income: $2833 Airbnb ROI: 1.96% Traditional ROI: 1.9%
412 Garfield Ave Lancaster, OH Come take a look at this wonderfully remodeled ranch home. This lovely home makes great u...	2 beds \| 1 baths \| 903 sq.ft.	$189,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 3.71% Airbnb Rental Income: $1289 Traditional Rental Income: $1033 Airbnb ROI: 2.89% Traditional ROI: 3.71%
2690 Boving Rd SW Lancaster, OH Great Location !! New Carpet - New Furnace & A/C in 2021 , Updated Kitchen with Hickory C...	3 beds \| 2 baths \| 1,977 sq.ft.	$449,900	Airbnb cash on cash: 1.86% Traditional cash on cash: 2.93% Airbnb Rental Income: $2124 Traditional Rental Income: $2033 Airbnb ROI: 1.86% Traditional ROI: 2.93%
5440 Pleasant Valley Rd SW Lancaster, OH One of a kind farm living! This beautiful property has the possibility of three separate l...	6 beds \| 3 baths \| 4,189 sq.ft.	$1,100,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 1.12% Airbnb Rental Income: $3672 Traditional Rental Income: $2687 Airbnb ROI: 1.3% Traditional ROI: 1.12%
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: 2.76% Traditional cash on cash: 3.2% Airbnb Rental Income: $2124 Traditional Rental Income: $1734 Airbnb ROI: 2.76% Traditional ROI: 3.2%
307 Maud Ave Lancaster, OH Welcome home to this charming raised ranch offering 3 bedrooms, 1 full bath (second toilet...	3 beds \| 1 baths \| 1,000 sq.ft.	$200,000	Airbnb cash on cash: 5.77% Traditional cash on cash: 3.93% Airbnb Rental Income: $2124 Traditional Rental Income: $1233 Airbnb ROI: 5.77% Traditional ROI: 3.93%
1702 W Walnut St Lancaster, OH Perfect little starter or retirement home just waiting on its new owners. Fresh paint and ...	3 beds \| 1 baths \| 960 sq.ft.	$219,900	Airbnb cash on cash: 5.65% Traditional cash on cash: 2.92% Airbnb Rental Income: $2124 Traditional Rental Income: $1011 Airbnb ROI: 5.65% Traditional ROI: 2.92%
2469 Abigail St Lancaster, OH Tired of not being able to find the right home? Look no further! This gorgeous new build o...	4 beds \| 2 baths \| 2,390 sq.ft.	$399,900	Airbnb cash on cash: 4.38% Traditional cash on cash: 3.54% Airbnb Rental Income: $3456 Traditional Rental Income: $2375 Airbnb ROI: 4.38% Traditional ROI: 3.54%
821 King St Lancaster, OH Excellent price point for this quiet, charming eastside neighborhood! Traditional 3 BR hom...	3 beds \| 1 baths \| 1,304 sq.ft.	$285,000	Airbnb cash on cash: 3.99% Traditional cash on cash: 3.32% Airbnb Rental Income: $2124 Traditional Rental Income: $1401 Airbnb ROI: 3.99% Traditional ROI: 3.32%
1401 Beverly Hills Dr Lancaster, OH Beautiful 4 bedroom, 3.5 bath home featuring a spacious primary suite with a tile shower, ...	4 beds \| 3 baths \| 2,622 sq.ft.	$477,000	Airbnb cash on cash: 3.87% Traditional cash on cash: 4.29% Airbnb Rental Income: $3456 Traditional Rental Income: $2882 Airbnb ROI: 3.87% Traditional ROI: 4.29%
481 Cambridge Ln Lancaster, OH Charming 2-story home, surrounded by picturesque community of Avery Hills. Formal sitting ...	3 beds \| 2 baths \| 2,216 sq.ft.	$350,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 3.98% Airbnb Rental Income: $2124 Traditional Rental Income: $2010 Airbnb ROI: 2.68% Traditional ROI: 3.98%
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.	$499,900	Airbnb cash on cash: 1.73% Traditional cash on cash: 3.78% Airbnb Rental Income: $2124 Traditional Rental Income: $2540 Airbnb ROI: 1.73% Traditional ROI: 3.78%
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.	$345,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 4.33% Airbnb Rental Income: $2124 Traditional Rental Income: $2077 Airbnb ROI: 2.8% Traditional ROI: 4.33%
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.	$59,500	Airbnb cash on cash: 5.42% Traditional cash on cash: 9.12% Airbnb Rental Income: $1289 Traditional Rental Income: $1106 Airbnb ROI: 5.42% Traditional ROI: 9.12%
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.	$535,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 2.1% Airbnb Rental Income: $2124 Traditional Rental Income: $1885 Airbnb ROI: 1.5% Traditional ROI: 2.1%
1161 Frederick St Lancaster, OH THIS BEAUTIFUL HOME IS SITUATED ON A GORGEOUS LOT CLOSE TO SHOPPING, HOSPITAL, AND SCHOOLS...	3 beds \| 2 baths \| 1,372 sq.ft.	$280,000	Airbnb cash on cash: 4.06% Traditional cash on cash: 3.67% Airbnb Rental Income: $2124 Traditional Rental Income: $1477 Airbnb ROI: 4.06% Traditional ROI: 3.67%
1804 N Columbus St Lancaster, OH This meticulously maintained, all brick ranch style home offers a spacious living room w/ ...	3 beds \| 2 baths \| 1,336 sq.ft.	$283,900	Airbnb cash on cash: 3.94% Traditional cash on cash: 4.29% Airbnb Rental Income: $2124 Traditional Rental Income: $1677 Airbnb ROI: 3.94% Traditional ROI: 4.29%
1502 Griffith St 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.	$269,000	Airbnb cash on cash: 8.69% Traditional cash on cash: 2.81% Airbnb Rental Income: $3456 Traditional Rental Income: $1199 Airbnb ROI: 8.69% Traditional ROI: 2.81%
1401 N High St Lancaster, OH Location is KEY!Hard to find ranch home situated on .87 acres in Pleasant township SUPER C...	4 beds \| 2 baths \| 1,440 sq.ft.	$379,500	Airbnb cash on cash: 5.63% Traditional cash on cash: 3.26% Airbnb Rental Income: $3456 Traditional Rental Income: $1848 Airbnb ROI: 5.63% Traditional ROI: 3.26%
804 Franklin Ave Lancaster, OH Come check out this 1.5 story cape cod located within walking distance to Lancaster High S...	3 beds \| 1 baths \| 1,132 sq.ft.	$234,900	Airbnb cash on cash: 4.94% Traditional cash on cash: 4.42% Airbnb Rental Income: $2124 Traditional Rental Income: $1465 Airbnb ROI: 4.94% Traditional ROI: 4.42%
645 E Mulberry St Lancaster, OH Updates in 2023:Fresh interior paint. Carpeting, vinyl plank, and linoleum flooring throu...	2 beds \| 1 baths \| 1,120 sq.ft.	$204,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 2.83% Airbnb Rental Income: $1289 Traditional Rental Income: $973 Airbnb ROI: 2.38% Traditional ROI: 2.83%
2185 N Columbus St Lancaster, OH Gorgeous Ranch Style Home with beautiful views, Huge Yard, Multiple Entertaining Areas, Wa...	4 beds \| 3 baths \| 3,400 sq.ft.	$379,900	Airbnb cash on cash: 5.32% Traditional cash on cash: 6.39% Airbnb Rental Income: $3456 Traditional Rental Income: $3073 Airbnb ROI: 5.32% Traditional ROI: 6.39%
1959 Shoshone Dr Lancaster, OH Welcome to this delightful ranch-style home that combines comfort & functionality! As you ...	3 beds \| 1 baths \| 1,850 sq.ft.	$255,000	Airbnb cash on cash: 4.53% Traditional cash on cash: 3.64% Airbnb Rental Income: $2124 Traditional Rental Income: $1365 Airbnb ROI: 4.53% Traditional ROI: 3.64%
2416 Long Bow Ave Lancaster, OH Don't miss this exquisite 4-bedroom, 2.5-bathroom sanctuary nestled in a tranquil neighbor...	5 beds \| 2 baths \| 2,660 sq.ft.	$385,000	Airbnb cash on cash: 5.78% Traditional cash on cash: 4.74% Airbnb Rental Income: $3672 Traditional Rental Income: $2497 Airbnb ROI: 5.78% Traditional ROI: 4.74%
227 N Cherry St 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.	$162,000	Airbnb cash on cash: 3.3% Traditional cash on cash: 8.56% Airbnb Rental Income: $1289 Traditional Rental Income: $1698 Airbnb ROI: 3.3% Traditional ROI: 8.56%
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: 5.7% Traditional cash on cash: 7.36% Airbnb Rental Income: $2124 Traditional Rental Income: $1895 Airbnb ROI: 5.7% 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: 2.17% Traditional cash on cash: 0.97% Airbnb Rental Income: $3456 Traditional Rental Income: $1772 Airbnb ROI: 2.17% Traditional ROI: 0.97%
920 Towe Dr NE Lancaster, OH This 1 story home features 3 bedroom on the entry level and a possible 4th bedroom in the ...	3 beds \| 2 baths \| 1,506 sq.ft.	$380,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 2.9% Airbnb Rental Income: $2124 Traditional Rental Income: $1739 Airbnb ROI: 2.46% Traditional ROI: 2.9%
1084 Sugar Grove Rd SE Lancaster, OH ALL OFFERS TO BE IN BY 5PM 4/7 **Welcome home! This house is perfect for first time home ...	2 beds \| 1 baths \| 1,155 sq.ft.	$221,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 4% Airbnb Rental Income: $1289 Traditional Rental Income: $1264 Airbnb ROI: 2.19% Traditional ROI: 4%
1186 N Columbus St Lancaster, OH Gorgeous remodeled three-story home in Lancaster! Covered front porch, open floor plan, n...	3 beds \| 2 baths \| 2,395 sq.ft.	$345,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 3.65% Airbnb Rental Income: $2124 Traditional Rental Income: $1866 Airbnb ROI: 2.77% Traditional ROI: 3.65%

Real Estate investment in Lancaster, OH

There are 311 properties for sale in the city of Lancaster . The median list price in Lancaster is $235,359 and the average price per square foot is $127. In September 2026, the average monthly cash on cash return in Lancaster is 3.00%. The average monthly rental income in Lancaster is $1,379.

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

There are 311 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 $2,124.

Your search for investment property begins and ends here

Investment Property for Sale in Lancaster, OH

2072 N Columbus St

Lancaster, OH

4 beds | 3 baths | 2,533 sq.ft.

$349,999

Airbnb cash on cash: 6.43%

Traditional cash on cash: 6.43%

Airbnb Rental Income: $3456

Traditional Rental Income: $2694

Airbnb ROI: 6.43%

Traditional ROI: 6.43%

956 Meda Ave

Lancaster, OH

2 beds | 1 baths | 1,857 sq.ft.

$230,000

Airbnb cash on cash: 2.55%

Traditional cash on cash: 2.4%

Airbnb Rental Income: $1289

Traditional Rental Income: $853

Airbnb ROI: 2.55%

Traditional ROI: 2.4%

140 Williamsburg Lane NW

Lancaster, OH

3 beds | 1 baths | 1,048 sq.ft.

$219,900

Airbnb cash on cash: 5.31%

Traditional cash on cash: 3.83%

Airbnb Rental Income: $2124

Traditional Rental Income: $1274

Airbnb ROI: 5.31%

Traditional ROI: 3.83%

1404 Autumn Dr

Lancaster, OH

3 beds | 2 baths | 2,070 sq.ft.

$339,990

Airbnb cash on cash: 3.05%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $2124

Traditional Rental Income: $1401

Airbnb ROI: 3.05%

Traditional ROI: 2.48%

2432 Brook Run Dr

Lancaster, OH

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

$389,900

Airbnb cash on cash: 4.97%

Traditional cash on cash: 4.53%

Airbnb Rental Income: $3456

Traditional Rental Income: $2528

Airbnb ROI: 4.97%

Traditional ROI: 4.53%

5901 Wilson Rd NW

Lancaster, OH

4 beds | 2 baths | 1,816 sq.ft.

$359,900

Airbnb cash on cash: 6.11%

Traditional cash on cash: 3.59%

Airbnb Rental Income: $3456

Traditional Rental Income: $1839

Airbnb ROI: 6.11%

Traditional ROI: 3.59%

1691 E Glenhurst Dr NW

Lancaster, OH

5 beds | 3 baths | 4,484 sq.ft.

$650,000

Airbnb cash on cash: 1.96%

Traditional cash on cash: 1.9%

Airbnb Rental Income: $3672

Traditional Rental Income: $2833

Airbnb ROI: 1.96%

Traditional ROI: 1.9%

412 Garfield Ave

Lancaster, OH

2 beds | 1 baths | 903 sq.ft.

$189,900

Airbnb cash on cash: 2.89%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $1289

Traditional Rental Income: $1033

Airbnb ROI: 2.89%