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

Condo Investment Properties for Sale in Akron, OH

Property at 990 Hampton Ridge Dr, Akron, OH
$ 175,000
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign265
  • 3 Bed
  • 2 Bath
  • 1322 sft
990 Hampton Ridge Dr, Akron, OH, 44313
Property at 997 Croghan Way, Akron, OH
$ 259,900
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign596
  • 3 Bed
  • 3 Bath
  • 1604 sft
997 Croghan Way, Akron, OH, 44321
Property at 999 Renninger Rd, Akron, OH
$ 120,000
ROI
34.3ROI percentage
Cash Flow/m
Dollar sign487
  • 2 Bed
  • 1 Bath
  • - sft
999 Renninger Rd, Akron, OH, 44319
Property at 174 Saint Clair Dr, Akron, OH
$ 159,900
ROI
27.1ROI percentage
Cash Flow/m
Dollar sign325
  • 2 Bed
  • 2 Bath
  • 1176 sft
174 Saint Clair Dr, Akron, OH, 44307

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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