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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10 Mount Zion Rd NW Lancaster, OH Welcome to your dream home! Nestled on 8.4 acres of picturesque rolling pasture land, this...	4 beds \| 2 baths \| 2,092 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $2359 Airbnb ROI: N/A Traditional ROI: 2.8%
165 Lake St Lancaster, OH Attention Investors! Rehab already started on downstairs unit, which was bringing in $675 ...	4 beds \| N/A baths \| 1,523 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $1373 Airbnb ROI: N/A Traditional ROI: 4.85%
126 Twin Creek Way Lancaster, OH Welcome home to 126 Twin Creek Way. Turnkey & move-in ready, this beautiful 4 beds/2.5 bat...	4 beds \| 2 baths \| 1,801 sq.ft.	$325,000	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%
729 Pennsylvania Ave Lancaster, OH Cute, move in ready Ranch home. 3 Beds, 1 Bath, close to Tallmadge and Lancaster bike path...	3 beds \| 1 baths \| 1,008 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.91% Airbnb Rental Income: $null Traditional Rental Income: $1125 Airbnb ROI: N/A Traditional ROI: 3.91%
6615 Westfall Rd SW Lancaster, OH Completely renovated Ranch in country setting sitting on almost 2 acres. 3 beds, 1 bath. N...	3 beds \| 1 baths \| 1,248 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.47% Airbnb Rental Income: $null Traditional Rental Income: $1258 Airbnb ROI: N/A Traditional ROI: 2.47%
869 E Mulberry St Lancaster, OH	2 beds \| 1 baths \| 862 sq.ft.	$198,400	Airbnb cash on cash: N/A Traditional cash on cash: 3.56% Airbnb Rental Income: $null Traditional Rental Income: $1110 Airbnb ROI: N/A Traditional ROI: 3.56%
630 Sheridan Dr Lancaster, OH Welcome to this adorable, move-in ready bungalow! This 2 bedroom, 1 bath home is located c...	2 beds \| 1 baths \| 1,015 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.38% Airbnb Rental Income: $null Traditional Rental Income: $1232 Airbnb ROI: N/A Traditional ROI: 4.38%
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.	$359,995	Airbnb cash on cash: N/A Traditional cash on cash: 2.76% Airbnb Rental Income: $null Traditional Rental Income: $1707 Airbnb ROI: N/A Traditional ROI: 2.76%
249 N Pearl Ave Lancaster, OH Welcome to N Pearl Ave! This one way brick street in the Lancaster Historical district ha...	3 beds \| 2 baths \| 1,463 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.67% Airbnb Rental Income: $null Traditional Rental Income: $1977 Airbnb ROI: N/A Traditional ROI: 5.67%
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%
2618 Hardwood Ave Lancaster, OH Welcome to this beautiful 4-bedroom, 2.5 bath home located in River Valley Highlands. The ...	4 beds \| 2 baths \| 1,966 sq.ft.	$339,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.87% Airbnb Rental Income: $null Traditional Rental Income: $2605 Airbnb ROI: N/A Traditional ROI: 5.87%
3076 Lithopolis Rd NW Lancaster, OH Buy through Auction.com. This property is being offered for sale exclusively on Auction.co...	4 beds \| 2 baths \| 1,697 sq.ft.	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $1644 Airbnb ROI: N/A Traditional ROI: 4.63%
2300 Stonewall Cemetery Rd SW Lancaster, OH * INDOOR POOL* Experience luxury living in this expansive brick two-story home on a...	7 beds \| 4 baths \| 6,870 sq.ft.	$1,165,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $4060 Airbnb ROI: N/A Traditional ROI: 1.47%
1101 Beechwood Dr NE Lancaster, OH This is a foreclosure auction. Min. Bid $220,000. Bidding opens on March 19, 2026 at 9am. ...	3 beds \| 2 baths \| 1,768 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.88% Airbnb Rental Income: $null Traditional Rental Income: $2192 Airbnb ROI: N/A Traditional ROI: 7.88%
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.	$209,900	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%
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: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $2679 Airbnb ROI: N/A Traditional ROI: 1.47%
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.	$399,900	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%
7835 E Ohio State Ln NW Lancaster, OH Now offered at a new, improved price! The sellers are open to considering an allowance for...	3 beds \| 2 baths \| 2,024 sq.ft.	$392,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $2123 Airbnb ROI: N/A Traditional ROI: 3.65%
681 Mount Zion Rd SW Lancaster, OH Rustic Home with Striking Wood Beams & Endless Flexibility! Discover the warmth and charac...	5 beds \| 4 baths \| 5,422 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $3511 Airbnb ROI: N/A Traditional ROI: 3.14%
219 Peters Avenue Lancaster, OH Step inside this beautifully updated Lancaster home offering true move-in-ready comfort an...	3 beds \| 2 baths \| 1,104 sq.ft.	$246,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $1574 Airbnb ROI: N/A Traditional ROI: 4.82%
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.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $2127 Airbnb ROI: N/A Traditional ROI: 4.55%
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.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $1734 Airbnb ROI: N/A Traditional ROI: 6.15%
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.	$334,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.02% Airbnb Rental Income: $null Traditional Rental Income: $1569 Airbnb ROI: N/A Traditional ROI: 3.02%
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.	$389,000	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%
00 Duncan Rd SW Lancaster, OH 00 Duncan Rd SW, Lancaster, OH 43130 \| Other	N/A beds \| N/A baths \| N/A	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.65% Airbnb Rental Income: $null Traditional Rental Income: $408 Airbnb ROI: N/A Traditional ROI: -1.65%
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%
336 Reber Ave Lancaster, OH 336 Reber Ave, Lancaster, OH 43130 \| Single Family Residential	3 beds \| 2 baths \| 1,697 sq.ft.	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $1586 Airbnb ROI: N/A Traditional ROI: 3.54%
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.	$309,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.77% Airbnb Rental Income: $null Traditional Rental Income: $1868 Airbnb ROI: N/A Traditional ROI: 3.77%
2547 W Fair Ave Lancaster, OH 2547 W Fair Ave, Lancaster, OH 43130 \| Single Family Residential	3 beds \| 1 baths \| 1,768 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.33% Airbnb Rental Income: $null Traditional Rental Income: $1037 Airbnb ROI: N/A Traditional ROI: 0.33%
2560 Fox Trail Dr Lancaster, OH 2560 Fox Trail Dr, Lancaster, OH 43130 \| Single Family Residential	4 beds \| 2 baths \| 1,909 sq.ft.	$344,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.45% Airbnb Rental Income: $null Traditional Rental Income: $1735 Airbnb ROI: N/A Traditional ROI: 2.45%
2445 Columbus Lancaster Rd NW Lot 274 Lancaster, OH 2445 Columbus Lancaster Rd NW Lot 274, Lancaster, OH 43130 \| Single Family Residential	3 beds \| 1 baths \| 1,120 sq.ft.	$40,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.07% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 3.07%
844 E Wheeling St Lancaster, OH 844 E Wheeling St, Lancaster, OH 43130 \| Single Family Residential	3 beds \| 1 baths \| 1,750 sq.ft.	$272,222	Airbnb cash on cash: N/A Traditional cash on cash: 1.23% Airbnb Rental Income: $null Traditional Rental Income: $1087 Airbnb ROI: N/A Traditional ROI: 1.23%
2422 Long Bow Ave Lancaster, OH 2422 Long Bow Ave, Lancaster, OH 43130 \| Single Family Residential	4 beds \| 2 baths \| 2,117 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.27% Airbnb Rental Income: $null Traditional Rental Income: $1826 Airbnb ROI: N/A Traditional ROI: 3.27%
331 16th St Lancaster, OH 331 16th St, Lancaster, OH 43130 \| Single Family Residential	2 beds \| 1 baths \| 897 sq.ft.	$75,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $716 Airbnb ROI: N/A Traditional ROI: 5.81%
10295 SW Lookout Rd SW Lancaster, OH	3 beds \| 2 baths \| 2,100 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $1828 Airbnb ROI: N/A Traditional ROI: 2.89%
1829 Shoshone Dr Lancaster, OH 1829 Shoshone Dr, Lancaster, OH 43130 \| Single Family Residential	5 beds \| 2 baths \| 2,110 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $1904 Airbnb ROI: N/A Traditional ROI: 4.21%
1285 Huffer Ave Lancaster, OH 1285 Huffer Ave, Lancaster, OH 43130 \| Single Family Residential	2 beds \| 1 baths \| 906 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.42% Airbnb Rental Income: $null Traditional Rental Income: $734 Airbnb ROI: N/A Traditional ROI: 0.42%

Real Estate investment in Lancaster, OH

There are 138 properties for sale in the city of Lancaster . The median list price in Lancaster is $400,000 and the average price per square foot is $214. In March 2026, the average monthly cash on cash return in Lancaster is 3.00%. The average monthly rental income in Lancaster is $1,259.

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

There are 138 investment properties available for sale in 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

10 Mount Zion Rd NW

Lancaster, OH

4 beds | 2 baths | 2,092 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.8%

Airbnb Rental Income: $null

Traditional Rental Income: $2359

Airbnb ROI: N/A

Traditional ROI: 2.8%

165 Lake St

Lancaster, OH

4 beds | N/A baths | 1,523 sq.ft.

$219,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1373

Airbnb ROI: N/A

Traditional ROI: 4.85%

126 Twin Creek Way

Lancaster, OH

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

$325,000

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%

729 Pennsylvania Ave

Lancaster, OH

3 beds | 1 baths | 1,008 sq.ft.

$199,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.91%

Airbnb Rental Income: $null

Traditional Rental Income: $1125

Airbnb ROI: N/A

Traditional ROI: 3.91%

6615 Westfall Rd SW

Lancaster, OH

3 beds | 1 baths | 1,248 sq.ft.

$319,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.47%

Airbnb Rental Income: $null

Traditional Rental Income: $1258

Airbnb ROI: N/A

Traditional ROI: 2.47%

869 E Mulberry St

Lancaster, OH

2 beds | 1 baths | 862 sq.ft.

$198,400

Airbnb cash on cash: N/A

Traditional cash on cash: 3.56%

Airbnb Rental Income: $null

Traditional Rental Income: $1110

Airbnb ROI: N/A

Traditional ROI: 3.56%

630 Sheridan Dr

Lancaster, OH

2 beds | 1 baths | 1,015 sq.ft.

$184,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.38%

Airbnb Rental Income: $null

Traditional Rental Income: $1232

Airbnb ROI: N/A

Traditional ROI: 4.38%

2241 Brookside Dr

Lancaster, OH

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

$359,995

Airbnb cash on cash: N/A

Traditional cash on cash: 2.76%

Airbnb Rental Income: $null

Traditional Rental Income: $1707

Airbnb ROI: N/A