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Market MapAkron, OH
Metropolitan Area

Akron, OH

Ohio0
69
/100
Buy
#227 of 894 metros
Top 25% nationally for investing

Market Snapshot

$229,491
Median Home Price
6% below national median
$1,246/mo
Median Rent
10% below national median
6.52%
Rent-to-Price Ratio
Top 39% 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%)

Challenges

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

Counties in Akron, OH

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Decatur, IL
Decatur, IL
85$118,242$1,02110.36%Strong BuyView
Connersville, IN
Connersville, IN
82$158,083Est.Strong BuyView
Indiana, PA
Indiana, PA
82$158,790$1,37610.40%Strong BuyView
Paducah, KY
Paducah, KY
82$165,710$1,2919.35%Strong BuyView
Danville, IL
Danville, IL
81$93,319$81510.48%Strong BuyView
Current
Akron, OH
69$229,491$1,2466.52%Buy

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 #227 of 894 US metros (top 25%). The 6.52% rent-to-price ratio indicates moderate cash flow potential. 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.

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