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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Akron, OH
Listed for sale 4 days ago
$ 279,900
ROI
25.7
Cash Flow/m
460- 3 Bed
- 3 Bath
- 2040 sft
301 Kelsey Dr, Akron, OH, 44321
Listed for sale 5 days ago
$ 260,000
ROI
20.3Cash Flow/m
40- 3 Bed
- 3 Bath
- 2300 sft
880 Hampton Ridge Dr, Akron, OH, 44313
Listed for sale 6 days ago
$ 284,900
ROI
21.5Cash Flow/m
136- 3 Bed
- 2 Bath
- - sft
1077 Cookhill Cir, Akron, OH, 44312
Listed for sale 6 days ago
$ 198,000
ROI
29.2Cash Flow/m
521- 2 Bed
- 2 Bath
- 1230 sft
3800 Rosemont Blvd APT 114B, Akron, OH, 44333
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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