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: 3.79% Traditional cash on cash: 5.52% Airbnb Rental Income: $2707 Traditional Rental Income: $2644 Airbnb ROI: 3.79% Traditional ROI: 5.52%
1150 E Fair Avenue Lancaster, OH MOTIVATED SELLERS READY TO REVIEW OFFERS, BRING YOUR BEST! Welcome to this 3-bedroom, 2-ba...	3 beds \| 2 baths \| 1,728 sq.ft.	$255,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 5.71% Airbnb Rental Income: $1345 Traditional Rental Income: $1925 Airbnb ROI: 1.59% Traditional ROI: 5.71%
164 Terrace Court Lancaster, OH Welcome to this beautifully maintained 3-bedroom-2.5 bath home offering over 2100 square f...	3 beds \| 3 baths \| 2,168 sq.ft.	$345,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 5.18% Airbnb Rental Income: $1345 Traditional Rental Income: $2338 Airbnb ROI: 0.84% Traditional ROI: 5.18%
941 Wagner Drive SW Lancaster, OH 'PRICE REDUCED' Tucked at the end of a quiet cul-de-sac across from the Country Club, 941...	4 beds \| 3 baths \| 2,488 sq.ft.	$574,900	Airbnb cash on cash: 1.26% Traditional cash on cash: 2.76% Airbnb Rental Income: $2447 Traditional Rental Income: $2657 Airbnb ROI: 1.26% Traditional ROI: 2.76%
1187 E Fair Avenue Lancaster, OH Charming ALL BRICK Cape Cod with Sunroom & Finished Walk-Out Basement! Welcome to this be...	3 beds \| 2 baths \| 1,476 sq.ft.	$259,900	Airbnb cash on cash: 1.42% Traditional cash on cash: 3.69% Airbnb Rental Income: $1345 Traditional Rental Income: $1488 Airbnb ROI: 1.42% Traditional ROI: 3.69%
1214 W Mulberry Street Lancaster, OH Freshly painted, new kitchen with stainless steel appliances, 2 new bathrooms, new floorin...	2 beds \| 2 baths \| 1,116 sq.ft.	$197,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.62% Airbnb Rental Income: $1167 Traditional Rental Income: $1472 Airbnb ROI: 1.94% Traditional ROI: 5.62%
2394 Graybill Court Lancaster, OH New Listing Tucked at the end of a quiet cul-de-sac, this spacious 2-story offers the ...	4 beds \| 3 baths \| 1,870 sq.ft.	$330,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 5.21% Airbnb Rental Income: $2447 Traditional Rental Income: $2303 Airbnb ROI: 3.75% Traditional ROI: 5.21%
2482 Brook Run Drive Lancaster, OH Step into comfort and style with this beautifully designed 2,500 square foot home that off...	4 beds \| 3 baths \| 2,516 sq.ft.	$439,900	Airbnb cash on cash: 2.19% Traditional cash on cash: 4.94% Airbnb Rental Income: $2447 Traditional Rental Income: $2980 Airbnb ROI: 2.19% Traditional ROI: 4.94%
2366 Seville Street Lancaster, OH Move In Ready home on a no outlet street. One Story Ranch, 2 Bedrooms,( 3rd in basement) 2...	2 beds \| 2 baths \| 1,352 sq.ft.	$325,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.67% Airbnb Rental Income: $1167 Traditional Rental Income: $1714 Airbnb ROI: 0.62% Traditional ROI: 3.67%
1524 Griffith Street Lancaster, OH Welcome home to this charming, move in ready ranch, with 3 bedrooms and 1 bath. An open fl...	3 beds \| 1 baths \| 972 sq.ft.	$225,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 4.1% Airbnb Rental Income: $1345 Traditional Rental Income: $1310 Airbnb ROI: 2.32% Traditional ROI: 4.1%
3438 Tschopp Road NE Lancaster, OH This stunning 3 bed, 2.5 bath two story is calling your name! Enjoy peaceful country livin...	3 beds \| 3 baths \| 2,890 sq.ft.	$439,999	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.99% Airbnb Rental Income: $1345 Traditional Rental Income: $2941 Airbnb ROI: 0.11% Traditional ROI: 4.99%
811 E Mulberry Street Lancaster, OH Charming 3-bedroom, 1.5-bath home located in town, close to parks, restaurants, and local ...	3 beds \| 2 baths \| N/A	$214,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 6.63% Airbnb Rental Income: $1345 Traditional Rental Income: $1824 Airbnb ROI: 2.25% Traditional ROI: 6.63%
1349 Wetsell Avenue Lancaster, OH Charming 3-Bedroom Ranch with Enclosed Breezeway & Outdoor Oasis This beautifully maint...	3 beds \| 2 baths \| 1,625 sq.ft.	$229,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 6.5% Airbnb Rental Income: $1345 Traditional Rental Income: $1945 Airbnb ROI: 1.84% Traditional ROI: 6.5%
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.	$212,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 4.58% Airbnb Rental Income: $1345 Traditional Rental Income: $1385 Airbnb ROI: 2.34% Traditional ROI: 4.58%
238 S Maple Street Lancaster, OH Fully occupied Triplex in beautiful Lancaster! Don't miss this rare opportunity for quick...	N/A beds \| N/A baths \| N/A	$274,900	Airbnb cash on cash: 3.44% Traditional cash on cash: 2.17% Airbnb Rental Income: $1944 Traditional Rental Income: $1101 Airbnb ROI: 3.44% Traditional ROI: 2.17%
218 Marvel Drive Lancaster, OH Welcome home to this beautifully update 3-bedroom, 1.5 bath home located in a quiet neighb...	3 beds \| 2 baths \| 1,293 sq.ft.	$309,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 2.84% Airbnb Rental Income: $1345 Traditional Rental Income: $1419 Airbnb ROI: 1.17% Traditional ROI: 2.84%
466 Crestview Drive Lancaster, OH Are you ready to get a great deal on a piece of real estate? Court Ordered Sale. List Pric...	4 beds \| 3 baths \| 3,437 sq.ft.	$280,000	Airbnb cash on cash: 4.14% Traditional cash on cash: 9.8% Airbnb Rental Income: $2447 Traditional Rental Income: $3344 Airbnb ROI: 4.14% Traditional ROI: 9.8%
1647 Union Street Lancaster, OH Beautifully updated Ranch Home. Featuring 2 bedrooms, 1 full updated bath, updated kitche...	2 beds \| 1 baths \| 768 sq.ft.	$199,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 3.18% Airbnb Rental Income: $1167 Traditional Rental Income: $1112 Airbnb ROI: 1.45% Traditional ROI: 3.18%
173 Lakeview Drive NE Lancaster, OH Check out this tastefully updated three-bedroom, 2.5-bath home on 1.85 acres in the serene...	3 beds \| 3 baths \| 3,221 sq.ft.	$575,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 2.21% Airbnb Rental Income: $1345 Traditional Rental Income: $2196 Airbnb ROI: -0.15% Traditional ROI: 2.21%
148 N Ewing Street Lancaster, OH Come see this beautifully updated home in Lancaster directly across from the hospital and ...	3 beds \| 1 baths \| 1,576 sq.ft.	$230,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 4.15% Airbnb Rental Income: $1345 Traditional Rental Income: $1394 Airbnb ROI: 2.02% Traditional ROI: 4.15%
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: 1.07% Traditional cash on cash: 0.97% Airbnb Rental Income: $2447 Traditional Rental Income: $1772 Airbnb ROI: 1.07% Traditional ROI: 0.97%
1304 E Allen Street Lancaster, OH Just reduced to $339,900! Tucked into a picturesque and wildlife-rich neighborhood near Mt...	4 beds \| 2 baths \| 1,660 sq.ft.	$339,900	Airbnb cash on cash: 3.77% Traditional cash on cash: 4.03% Airbnb Rental Income: $2447 Traditional Rental Income: $1934 Airbnb ROI: 3.77% Traditional ROI: 4.03%
234 Park Street #(Rear) Lancaster, OH The actual address is 234 1/2 Park. It sits directly behind 234 Park. Cozy single family...	2 beds \| 1 baths \| 468 sq.ft.	$102,000	Airbnb cash on cash: 5.41% Traditional cash on cash: 6.97% Airbnb Rental Income: $1167 Traditional Rental Income: $938 Airbnb ROI: 5.41% Traditional ROI: 6.97%
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.	$399,800	Airbnb cash on cash: 0.26% Traditional cash on cash: 3.5% Airbnb Rental Income: $1345 Traditional Rental Income: $2148 Airbnb ROI: 0.26% Traditional ROI: 3.5%
7805 Revenge Road SW Lancaster, OH 85 acres of rolling hills, mature trees, cleared land, and a large pond. This private para...	4 beds \| 4 baths \| 5,754 sq.ft.	$1,300,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 1.24% Airbnb Rental Income: $2447 Traditional Rental Income: $3434 Airbnb ROI: -0.07% Traditional ROI: 1.24%
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: 2.75% Traditional cash on cash: 0.67% Airbnb Rental Income: $2447 Traditional Rental Income: $975 Airbnb ROI: 2.75% Traditional ROI: 0.67%
206 N Cherry Street Lancaster, OH Welcome to this spacious remodeled 3 bedroom 1 1/2 bath home with an attached 2 car garage...	3 beds \| 2 baths \| 1,456 sq.ft.	$125,000	Airbnb cash on cash: 4.76% Traditional cash on cash: 9.15% Airbnb Rental Income: $1345 Traditional Rental Income: $1460 Airbnb ROI: 4.76% Traditional ROI: 9.15%
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.	$85,000	Airbnb cash on cash: 3.01% Traditional cash on cash: 6.94% Airbnb Rental Income: $1167 Traditional Rental Income: $1111 Airbnb ROI: 3.01% Traditional ROI: 6.94%
3597 Country Club Road SW Lancaster, OH READY for move-in! With meticulous attention to detail and quality, this custom walkout ra...	4 beds \| 3 baths \| 2,650 sq.ft.	$1,500,000	Airbnb cash on cash: -1.29% Traditional cash on cash: -0.65% Airbnb Rental Income: $2447 Traditional Rental Income: $2746 Airbnb ROI: -1.29% Traditional ROI: -0.65%
2281 Hawk Street Lancaster, OH Tucked away on a peaceful cul-de-sac, this beautifully renovated ranch-style home is move-...	3 beds \| 2 baths \| 1,426 sq.ft.	$365,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.28% Airbnb Rental Income: $1345 Traditional Rental Income: $1786 Airbnb ROI: 0.79% Traditional ROI: 3.28%
1354 Hemlock Court NE Lancaster, OH Tucked away on a quiet cul-de-sac in the coveted Point Pinecrest community, this exception...	4 beds \| 5 baths \| 4,521 sq.ft.	$599,888	Airbnb cash on cash: 0.95% Traditional cash on cash: 5.81% Airbnb Rental Income: $2447 Traditional Rental Income: $4570 Airbnb ROI: 0.95% Traditional ROI: 5.81%
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: 1.07% Traditional cash on cash: 3.38% Airbnb Rental Income: $2447 Traditional Rental Income: $3231 Airbnb ROI: 1.07% 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.	$475,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 5.23% Airbnb Rental Income: $2447 Traditional Rental Income: $3178 Airbnb ROI: 2.24% Traditional ROI: 5.23%
1904 Cedar Hill Road Lancaster, OH ****Motivated Seller**** This 2 brick charmer is situated on .34 of an acre of land, ...	4 beds \| 3 baths \| 2,076 sq.ft.	$235,000	Airbnb cash on cash: 5.71% Traditional cash on cash: 7.93% Airbnb Rental Income: $2447 Traditional Rental Income: $2343 Airbnb ROI: 5.71% Traditional ROI: 7.93%
1705 Bent Creek Drive Lancaster, OH Welcome to this stunning 3,868 sq ft residence offering the perfect blend of space, style,...	4 beds \| 3 baths \| 3,868 sq.ft.	$489,900	Airbnb cash on cash: 1.78% Traditional cash on cash: 4.33% Airbnb Rental Income: $2447 Traditional Rental Income: $3022 Airbnb ROI: 1.78% Traditional ROI: 4.33%
338 1/2 16th Street Lancaster, OH Welcome to your peaceful retreat in the heart of Lancaster Campground! This beautifully up...	2 beds \| 1 baths \| 616 sq.ft.	$79,900	Airbnb cash on cash: 3.15% Traditional cash on cash: 5.99% Airbnb Rental Income: $1167 Traditional Rental Income: $1007 Airbnb ROI: 3.15% Traditional ROI: 5.99%
2036 Amber Wood Place Lancaster, OH MOTIVATED SELLERS and an ABSOLUTELY GORGEOUS custom-built home that has it all! This ho...	4 beds \| 4 baths \| 3,532 sq.ft.	$587,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 3.9% Airbnb Rental Income: $2447 Traditional Rental Income: $3257 Airbnb ROI: 1.33% Traditional ROI: 3.9%
507 Brumfield Road Lancaster, OH SPECIAL FINANCING AVAILABLE, See A2A remarks for more info. This beautifully renovated 4-b...	4 beds \| 2 baths \| 1,362 sq.ft.	$234,900	Airbnb cash on cash: 6.35% Traditional cash on cash: 6.2% Airbnb Rental Income: $2447 Traditional Rental Income: $1817 Airbnb ROI: 6.35% Traditional ROI: 6.2%
230 Western Street Lancaster, OH Here's an amazingly updated home with just a fantastic layout, boasting three bedrooms an...	3 beds \| 2 baths \| 1,152 sq.ft.	$149,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 5.06% Airbnb Rental Income: $1345 Traditional Rental Income: $1511 Airbnb ROI: 1.03% Traditional ROI: 5.06%
638 E 6th Avenue Lancaster, OH This move-in-ready newly renovated home blends timeless character with thoughtful, modern ...	3 beds \| 2 baths \| 1,683 sq.ft.	$262,400	Airbnb cash on cash: 1.47% Traditional cash on cash: 5.23% Airbnb Rental Income: $1345 Traditional Rental Income: $1861 Airbnb ROI: 1.47% Traditional ROI: 5.23%

Real Estate investment in Lancaster, OH

There are 103 properties for sale in the city of Lancaster . The median list price in Lancaster is $294,950 and the average price per square foot is $148. In September 2025, the average monthly cash on cash return in Lancaster is 5.00%. The average monthly rental income in Lancaster is $1,929.

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

There are 103 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 $1,929.

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: 3.79%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $2707

Traditional Rental Income: $2644

Airbnb ROI: 3.79%

Traditional ROI: 5.52%

1150 E Fair Avenue

Lancaster, OH

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

$255,000

Airbnb cash on cash: 1.59%

Traditional cash on cash: 5.71%

Airbnb Rental Income: $1345

Traditional Rental Income: $1925

Airbnb ROI: 1.59%

Traditional ROI: 5.71%

164 Terrace Court

Lancaster, OH

3 beds | 3 baths | 2,168 sq.ft.

$345,000

Airbnb cash on cash: 0.84%

Traditional cash on cash: 5.18%

Airbnb Rental Income: $1345

Traditional Rental Income: $2338

Airbnb ROI: 0.84%

Traditional ROI: 5.18%

941 Wagner Drive SW

Lancaster, OH

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

$574,900

Airbnb cash on cash: 1.26%

Traditional cash on cash: 2.76%

Airbnb Rental Income: $2447

Traditional Rental Income: $2657

Airbnb ROI: 1.26%

Traditional ROI: 2.76%

1187 E Fair Avenue

Lancaster, OH

3 beds | 2 baths | 1,476 sq.ft.

$259,900

Airbnb cash on cash: 1.42%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $1345

Traditional Rental Income: $1488

Airbnb ROI: 1.42%

Traditional ROI: 3.69%

1214 W Mulberry Street

Lancaster, OH

2 beds | 2 baths | 1,116 sq.ft.

$197,000

Airbnb cash on cash: 1.94%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $1167

Traditional Rental Income: $1472

Airbnb ROI: 1.94%

Traditional ROI: 5.62%

2394 Graybill Court

Lancaster, OH

4 beds | 3 baths | 1,870 sq.ft.

$330,000

Airbnb cash on cash: 3.75%

Traditional cash on cash: 5.21%

Airbnb Rental Income: $2447

Traditional Rental Income: $2303

Airbnb ROI: 3.75%

Traditional ROI: 5.21%

2482 Brook Run Drive

Lancaster, OH

4 beds | 3 baths | 2,516 sq.ft.

$439,900

Airbnb cash on cash: 2.19%

Traditional cash on cash: 4.94%

Airbnb Rental Income: $2447

Traditional Rental Income: $2980

Airbnb ROI: 2.19%