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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Akron, OH

$ 268,900
ROI
20.4
Cash Flow/m
51- 2 Bed
- 3 Bath
- 1537 sft
316 Kelsey Dr, Akron, OH, 44321

$ 239,900
ROI
26.2
Cash Flow/m
432- 2 Bed
- 2 Bath
- 1494 sft
386 Caleb Dr, Akron, OH, 44321

$ 289,900
ROI
24.3
Cash Flow/m
368- 2 Bed
- 3 Bath
- - sft
63 Starboard Cir, Akron, OH, 44319

$ 257,500
ROI
21.6
Cash Flow/m
136- 2 Bed
- 3 Bath
- 1592 sft
3974 Gardiner Run, Akron, OH, 44321
Why Invest in Akron, Ohio?
Akron, OH offers strong opportunities for condo investors seeking stable cash flow in an affordable market. With multifamily cap rates around 8.5% and rental growth of 3.1%, condos here deliver solid rental yields. Low entry prices near $135K support high cash-on-cash returns, while steady appreciation builds long-term wealth. Renter-occupied housing remains high amid job stability from major employers. Vacancy rates at 5.9% indicate reliable demand for condo rentals.
9.2%
Avg. ROI
7.8%
Rental Yield
8.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Yes, with cap rates near 8.5% and average rents at $1,150, condos offer strong yields. Low purchase prices around $135K enhance cash flow. Steady appreciation of 2-3% adds long-term value.
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