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Explore rental performance, cash flow, appreciation, and local economic trends to understand how these properties fit into the overall investment story.
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Get a quick view of rental returns, appreciation trends, and local growth data to evaluate real estate market strength and investment potential.
Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,155
$1,843
Appreciation
Data-driven answers to common investor questions about this market.
8.02%
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Job Growth
-0.01%
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Population
189,526
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The LTR Genie Score of Akron, OH is 70 and STR Genie Score is 74, indicating a moderate to high level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is low, which may be attributed to the low LTR Rent Growth Rate of 0.0602%. However, the LTR Net ROI of 41.31% and STR Net ROI of 55.76% suggest favorable returns for investors. The 1-Year Price Appreciation Forecast of 2.22% indicates potential for property value growth. The STR Occupancy rate of 58.33% and STR Revenue of 1843 also point towards a strong short-term rental market in Akron.
Akron, OH is a city known for its diverse economy, with industries ranging from healthcare and education to manufacturing and technology. The city offers a mix of urban amenities and outdoor recreational opportunities, making it an attractive location for both residents and visitors.
Based on the metrics provided, Akron, OH appears to be a promising market for both long-term and short-term rental investments. Investors may consider diversifying their portfolio by exploring opportunities in both rental strategies to maximize returns in this growing market.