Condo Investment Properties for Sale in Akron, OH
$ 285,000
ROI
21.7
Cash Flow/m
154- 3 Bed
- 3 Bath
- 1911 sft
2056 Jennifer St, Akron, OH, 44313
$ 279,900
ROI
27.0Cash Flow/m
567- 3 Bed
- 3 Bath
- 1760 sft
1165 Meadow Run, Akron, OH, 44321
$ 165,000
ROI
20.7Cash Flow/m
44- 2 Bed
- 3 Bath
- 1730 sft
402 Rockys Run Rd, Akron, OH, 44319
$ 175,000
ROI
25.2Cash Flow/m
265- 3 Bed
- 2 Bath
- 1322 sft
990 Hampton Ridge Dr, Akron, OH, 44313
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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