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Updated 2 months ago on . Most recent reply

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Danielle B.
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23
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Best Pockets in Ohio for Section 8

Danielle B.
Posted

Considering the following cities in OH to invest in Section 8 Housing:

  • - Akron
  • - Dayton
  • - Toledo
  • - Youngstown
  • - Canton

For those of you with experience here, can you share the average cost for a single-family house (3 bedrooms +) and the net profit per property per month for Section 8?

Looking for properties under 100k where the net profit per property per month is at least $500. 

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3,544
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Robert Ellis
#2 Land & New Construction Contributor
  • Developer
  • Columbus, OH
1,699
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3,544
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Robert Ellis
#2 Land & New Construction Contributor
  • Developer
  • Columbus, OH
Replied
Quote from @Danielle B.:

Considering the following cities in OH to invest in Section 8 Housing:

  • - Akron
  • - Dayton
  • - Toledo
  • - Youngstown
  • - Canton

For those of you with experience here, can you share the average cost for a single-family house (3 bedrooms +) and the net profit per property per month for Section 8?

Looking for properties under 100k where the net profit per property per month is at least $500. 


 look at newark ohio. forget all these except Dayton. make sure it's built after 1950. ohio is old properties. columbus especially but newark has lots of cheap deals and look at Lancaster. I'd look closer to a stronger market. everything but Dayton is garbage and Dayton feeds off of being close to both city centers of Cincinnati and columbus and they've been tearing down hundreds of houses to create a housing shortage and drive prices up. none of the other cities have those demographics except columbus and Lancaster, Marion, Mansfield, etc are tertiary markets that feed off columbus MSA

  • Robert Ellis

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