Akron & Canton —
Lower Entry Price, Full Management.
Our Canton, Ohio duplex example: $189,000 purchase price, $1,750 combined rent, about a 6.4% cap rate and about $106 a month net with full property management. Lower entry point than our new construction markets, with real trade-offs we show you up front.
Ohio Is a High Cap Rate Market.
Here’s the Full Story — Upside and Trade-Offs.
We believe in showing the complete picture. Ohio’s numbers are real and compelling — and they come with characteristics that are different from our new construction markets. Both sides matter.
- 💰 Lowest entry point in EOR portfolio — from about $47,250 down
- 📊 Lower purchase price than our new construction markets (the Canton example is about a 6.4% cap rate)
- 🏥 Stable employment base — Goodyear, Summa Health, Akron Children’s Hospital, University of Akron
- ⚖️ Landlord-friendly Ohio law — efficient eviction, no rent control
- 🔄 Strong price-to-rent ratio — rental income relative to purchase price is exceptional
- 🗺️ Geographic diversification from Sun Belt markets
- 🔨 Older properties (1907–1919) — renovated but not new construction
- 🔧 Higher maintenance risk than new construction — older mechanicals
- 📈 Lower appreciation expectations than Sun Belt growth markets
- 💵 Net cash flow is modest despite high cap rate (financing costs compress it)
- 🌡️ Cold climate — heating costs and weather-related maintenance are real
- 📊 Cap rate is gross/unleveraged — leveraged returns look different
Active Ohio Properties
with Real Numbers.
One representative Canton example. Current inventory is shared on your strategy call.
| Property | Location | Price | Rent | Net CF | Cap Rate | Down Payment |
|---|---|---|---|---|---|---|
| Canton Duplex | Canton, OH | $189,000 | $1,750 | $106/mo | 6.4% | ~$47,250 |
How a 6.4% Cap Rate Becomes
$106/Month, Explained Honestly.
Here is every line behind the $106 a month, so you can see how the number is built.
| Line Item | Monthly | Notes |
|---|---|---|
| Monthly Gross Rent | $1,750 | Canton duplex · combined rent |
| Mortgage (P&I) | −$896 | $141,750 loan · 6.5% · 30yr fixed |
| Property Taxes | −$315 | Estimate (about 2.0%); verify with the county |
| Insurance | −$100 | Estimate; verify with your insurer |
| Property Management (10%) | −$175 | Full property management (free year 1 is new construction only) |
| Vacancy Reserve (5%) | −$88 | Stable workforce rental market |
| Maintenance Reserve (about 4%) | −$70 | Important on older properties |
| Misc / Other | −$0 | Included in the lines above |
| Net Monthly Cash Flow | $106/mo | About a 6.4% cap rate |
Cap rate measures net operating income against the purchase price before the mortgage. Financing costs reduce what you keep each month, and results vary by property. These are estimates, not guarantees.
What Sustains Rental Demand
in Akron & Canton.
Ohio’s rental market is driven by a diversified industrial, healthcare, and education employment base — not dependent on any single sector.
How EOR Works in This Market — Important
Equity on Repeat is a real estate marketplace and advisory firm. Ohio properties in our portfolio are renovated by independent contractors and sold through independent sellers. We source, vet, and present these properties — we do not perform the renovation and are not the seller of record in all cases.
After closing, your ongoing relationship is directly with your property management company. They handle all day-to-day operations. EOR introduced them — the management relationship is between you and them.
Ohio’s older property stock carries genuine maintenance risk that we disclose explicitly. The maintenance reserve in our pro formas is not theoretical — it will likely be used. Budget accordingly and ensure you have adequate reserves beyond the down payment. Actual results will vary. Always obtain an independent inspection and conduct your own due diligence. Not legal, tax, or investment advice. Read full disclaimer →
See Current Ohio
Properties & Numbers.
See the full Canton duplex pro forma with complete expense breakdowns, and run your own numbers in our ROI calculator.
Browse Ohio PropertiesBook Free Strategy CallEstimates only. Numbers on this page are estimates based on assumptions such as 25% down, current interest rates, estimated taxes, insurance and HOA, and property management terms. Actual results vary by property, lender, market and investor and are not guaranteed. Real estate investing involves risk. Equity on Repeat does not provide tax, legal or financial advice.