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Market MapAkron, OH
Metropolitan Area

Akron, OH

Ohio02 counties
69
/100
Buy
#1 of 0 metros
Top 50% nationally for investing

Market Snapshot

$229,491
Median Home Price
0% below national median
$1,246/mo
Median Rent
0% below national median
6.52%
Rent-to-Price Ratio
Top 50% nationally
-$393
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$229,491
Down Payment (20%)$45,898
Loan Amount$183,593
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,246
Monthly P&I-$1,203
Est. Expenses (35%)-$436
Net Cash Flow-$393/mo
4.2%
Cap Rate (all cash)
-8.9%
Cash-on-Cash Return
6.52%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.2% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
69/100
69
Cash Flow(30%)
65/100

Based on 6.52% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
83/100

Based on 4.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
81/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)
  • +Multiple counties (2) for portfolio diversification

Challenges

  • -Negative cash flow at typical financing (-$393/mo)
  • -Negative leverage (cap rate 4.2% < mortgage rate 6.9%)

Counties in Akron, OH

Best Overall
Summit
OH - Score: 69
Verdict
SummitOH
539,36169$225,920$1,2466.62%BuyView
PortageOH
161,21766$276,222$1,4246.18%BuyView

Click any county to see detailed investment analysis

The Bottom Line

BuyAkron, OH offers solid investment potential with good cash flow or appreciation prospects.

The Akron, OH metro area scores 69/100, ranking #1 of 0 US metros (top 50%). The 6.52% rent-to-price ratio indicates moderate cash flow potential. Among 2 counties, Summit shows the strongest investment potential (score: 69). Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-393/mo
Cap Rate
4.2%
Cash-on-Cash
-10.3%

Ready to Invest in Akron, OH?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit propertiesBest CountySummit
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