Columbus among best college towns to be a landlord, report says

October 8, 2014

Columbus and three other Ohio cities are among the top 10 college towns in the nation in which to buy rental property, according to a RealtyTrac report.

The real-estate listing service found that Akron, home of the University of Akron, offered the highest-average annual yields for landlords at 13.81 percent.

Cincinnati (the University of Cincinnati) landed at No. 4, followed by Columbus (Ohio State University) at No. 5 and Kent (Kent State University) at No. 8.

RealtyTrac based the rankings on average rent for a three-bedroom apartment and average home price.

Only cities with an unemployment rate below the national average and home to a school with at least 20,000 students were included.