Updated 17 days ago on .
James WisePoster
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This College Rental Could Pull Almost 30% ROI
James WisePoster#4 All Forums Contributor
#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
This College Rental Could Pull Almost 30% ROI
During the 2,900th episode of The MLS Search & Analysis Show, James Wise analyzes a vacant duplex near the University of Akron that could be a strong student-rental cash flow play. With a 2-bed unit, a 3-bed unit, projected rents near $25,000 per year, and a potential purchase price around $115,000, this deal is exactly why college-area rentals can be so attractive: steady tenant demand, affordable entry price, and serious ROI potential when the numbers are underwritten correctly.
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Cleveland, Ohio