Hey Ola! Congrats on getting into real estate investing. I'm excited for you!
If you're eyeing some promising cities, Ohio has a few standouts. Columbus is great for appreciation, with values climbing 7-17%. It’s also got decent cash flow around 8-12%. The city’s buzzing with major projects like Intel’s $20 billion plant, Google’s three data centers, and big land buys from Amazon and Meta. So, if you’re looking for long-term growth, Columbus is worth a look.
Cleveland is another solid choice with 3-7% appreciation and strong cash flow between 10-18%. It’s home to the Cleveland Clinic, one of the top hospitals in the country, and Case Western Reserve University, making it a hotspot for steady rental income.
Dayton offers a similar appreciation range of 3-7% but shines with cash flow at 10-18%. With the Wright-Patterson Air Force Base, Dayton Children’s Hospital, and a bunch of universities, there’s a steady demand for rentals.
Each city has its perks, so it really depends on whether you're after appreciation or cash flow. Hope this helps and good luck with your investments!