Under $500K Investment Properties for Sale in Akron, OH
167- 3 Bed
- 1 Bath
- 1128 sft
122- 3 Bed
- 3 Bath
- 1453 sft
327- 6 Bed
- 6 Bath
- - sft
109- 3 Bed
- 1 Bath
- 1838 sft
Why Invest in Akron, Ohio?
Akron, OH offers strong investment opportunities in properties under $500k, with affordable entry points for single-family homes and multi-units. Rental yields average 7-9% due to steady demand from renters. Cap rates hover around 8%, supported by low purchase prices and reliable cash flows. Annual appreciation of 4% reflects market recovery, while 45% renter occupancy ensures stability. Focus on neighborhoods like Wallhaven and Ellet for high cash flow potential.
Frequently Asked Questions
Neighborhoods like Wallhaven, West Akron, and Ellet offer strong value with good rental demand and appreciation potential. These areas feature single-family homes averaging $150k-$300k. Proximity to employers and universities boosts cash flow.
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