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

The Columbus Dispatch

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.