What is the rental yield in Lagonda, Springfield, Ohio?

The gross yield in Lagonda, Springfield, Ohio is 6.1%. That comes with pricing about 2% above the city median and 13% below the state median, plus prices up 1.5% over the past year. The neighborhood also has walkability of 49, education in the 7th percentile, and a Red Flag score of 51.

How does Lagonda, Springfield, Ohio compare to Springfield overall?

Lagonda, Springfield, Ohio is priced about 2% above the Springfield median, while its gross yield is 6.1% and prices are up 1.5% over the past year. Walkability is 49, education is in the 7th percentile, and the Red Flag score is 51.

What are the main strengths and risks in Lagonda, Springfield, Ohio?

Lagonda, Springfield, Ohio’s main strength is its gross yield of 6.1%, supported by prices up 1.5% over the past year. The main risk is the Red Flag score of 51, while walkability is 49 and education is in the 7th percentile.

Neighborhood

Lagonda

Springfield, Ohio US

Lagonda, Springfield, Ohio has a yield-oriented profile, with pricing about 2% above the city median and 13% below the state median, a gross yield of 6.1%, and prices up 1.5% over the past year. The neighborhood’s walkability of 49 is moderate, education is in the 7th percentile, and the Red Flag score of 51 points to a somewhat elevated overall risk.

AI Summary•Updated May 2026

Area

2.49 mi²

ZIP Code

45503

County

Clark County

State

Ohio

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5US Census ACS / TIGER 2024

Verified Price · Median Sale

$197,391

YoY+1.4%

Gross Rental Yield

6.1%

Listed rent · ZORI annualized

Red Flag Index

Moderate

51 / 100

Walkability Score

Car-Dependent

OpenStreetMap POI density · national percentile

Education Score

7 / 100

Limited · better than 7% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Good

DistrictScore attractiveness · national model

Lagonda Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Lagonda, Springfield.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$197,391	+1.4%
Price / Sq Ft (Verified)	$146/sqft	-2.7%
Asking Rent (Median)	$1,007/mo	—
Gross Rental Yield	6.1%	—
Liquidity Score	38 / 100	Moderate
Homes Sold (Period)	138	+14.0%

Is Lagonda Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Ohio crime context.

Red Flag Breakdown

51 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Hail80Very High

Flood60High

Earthquake60High

Tornado60High

Strong Wind60High

Wildfire40Moderate

Hurricane40Moderate

Heat20Low

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Ohio averaged 18.4 crimes and 2.9 violent per 1,000 residents (-9.5% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Above-average gross rental yield at 6.1%

Active transaction volume — 138 homes sold last period

Hail risk is Very High (80/100)

Insights are generated from Lagonda's live DistrictScore metrics.

Lagonda Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Ohio-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

6.5 µg/m³ Meets EPA, above WHO guideline-32.6% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Lagonda centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 67% of U.S. neighborhoods.

Ohio Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	18.4	2.9	-9.5%
2023	20.5	3.0	-2.1%
2022	21.1	3.0	+3.2%
2021	20.4	3.2	-5.1%
2020	21.6	3.1	-8.3%
2019	23.5	3.0	—

Reported at the state level — the finest official US crime aggregation; Lagonda inherits the Ohio figures.

Radon Potential

EPA

Zone 1

Zone 1 — Highest potential · Lagonda

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Walkability & Amenities in Lagonda

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

49

Car-Dependent

Walkability Score

8

Grocery

2

Dining

8

Schools

0

Universities

0

Hospitals

3

Pharmacies

4

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Lagonda's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Lagonda vs Springfield vs Ohio

How Lagonda benchmarks against its city and state medians.

Benchmark vs City & State

In Lagonda, the median sale price sits in line with the median for Springfield neighborhoods and about 13% below the statewide median. Gross rental yield is 6.1%, against 6.1% for Springfield neighborhoods and 6.2% statewide. Over the past 12 months, prices rose 1.5%. Transaction liquidity sits above the median for Springfield neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Lagonda	$147/sqft	6.1%	38
Springfield	$143/sqft	6.1%	32
Ohio	$169/sqft	6.2%	28

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Buying Property in the US as a Foreigner

Federal & Ohio tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~1.28% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 3.5%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: $1 per $1,000.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Ohio property-tax guidance for foreign buyers

Latest Springfield Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Lagonda Real Estate FAQ

Lagonda, Springfield, Ohio has a yield-oriented profile, with a gross yield of 6.1% and prices up 1.5% over the past year. Pricing is about 2% above the city median and 13% below the state median, while the Red Flag score is 51, walkability is 49, and education is in the 7th percentile.

Neighborhoods near Lagonda

Compare Lagonda with nearby neighborhoods in Springfield.

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