Short Term Rental Investment Properties for Sale in Akron, OH
107- 1 Bed
- 1 Bath
- 612 sft
21- 3 Bed
- 1 Bath
- 1112 sft
124- 2 Bed
- 1 Bath
- 1120 sft
191- 2 Bed
- 1 Bath
- 600 sft
Why Invest in Akron, Ohio?
Short-term rentals in Akron, OH offer strong potential for investors due to growing demand with over 160 units listed on platforms like Airbnb. The city's regulations, including a $250 annual registration, provide structure while allowing operation for stays under 30 days. Expect solid **rental yields** around 8-10% and **cap rates** of 7%, supported by a 5.5% excise tax collection. **Appreciation** trends steadily at 4% annually amid stable renter occupancy near 45%. Local oversight ensures safety and compliance, balancing growth with neighborhood preservation.
Frequently Asked Questions
Operators must register annually with the city for $250 by January 31, display the certificate, and provide proof of insurance and safety features like fire extinguishers. The registration is non-transferable and requires compliance with occupancy limits. Failure to register violates housing codes with penalties.
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