Ohio is an attractive real estate market for many international and out-of-state real estate investors. Ohio’s real estate is one of the most attractive markets in the United States and it is very common for investors to achieve rental yield above 15%, sometimes more than 20% as well.
Ohio’s economy is actually changing rapidly and it is transforming from its old days as the industrial area into medical, healthcare, education and IT industries.
The main real estate markets in Ohio are:
Cleveland – Cleveland real estate markets has many attractive properties with rental yield above 15% net, these are typically 3 bedroom houses built in the 1950s. Cleveland is also emerging as a major medical city in the United States, Cleveland Clinic is one of the most reputable institutions in the world, and Case Western University is also a highly ranked university in the world.
You can find attractive rental properties in Cleveland, you can also find luxury properties at reasonable price in Cleveland; there are also opportunistic multi-family apartments available for investment in Cleveland.
We do have a highly experienced Cleveland partner who has invested in hundreds of properties already that can assist in you with your investment.
Columbus – The capital city of Ohio and also now the largest city in Ohio. Columbus is showing consistent growth and it is the home of Ohio State University (OSU). OSU is one of the largest universities in the world both in terms of the campus size and enrolments.
Columbus is an interesting investment market – you can find upscale properties in areas like Worthington or Dublin. At the same time, Columbus has many high yield properties available for investors to choose from, some of them can start at around $30,000 for single family homes.
Duplexes and quad-plexes are also common in Columbus due to large number of students and single dwellers who are looking for 1 bedroom or 2 bedroom apartments, these apartments can rent at between $400 to $500 a month, which is attractive for investors.
We had been researching opportunities in Columbus for a long time and we have identified many interesting areas, we also have field partners in Columbus who can assist with your investment.