TKPP Market

Akron, OH

The Innovation Hub: Where education anchors exceptional returns

Key Investment Highlights

$

Outstanding Cash Flow Metrics

Rent-to-price ratios of 1.6–2.0% with properties often priced under $150,000 help maximize immediate returns.

⚙

Economic Resilience

Diverse employment across polymer research, healthcare, education, and manufacturing supports long-term market stability.

🎓

Educational Demand Drivers

The University of Akron and surrounding institutions create dependable student and faculty rental demand in designated zones.

🏗

Value-Add Opportunities

Urban renewal initiatives and downtown revitalization projects position investors for appreciation alongside strong cash flow.

🏢

Major Employer Base

Goodyear, FirstEnergy, and the University of Akron anchor the local economy with steady employment across major sectors.

🧪

Polymer Valley Growth

More than 400+ polymer companies contribute to Akron’s innovation-driven economy and specialized job creation.

🏠

Strong Renter Population

With roughly 50% of households renting, Akron offers a deep tenant pool and consistent demand for quality rentals.

📊

Diversified Demand Stability

Multiple economic pillars reduce reliance on any single industry and help support long-term rental performance.

💰

Affordable Entry Point

Lower acquisition costs compared to many U.S. markets give investors room to scale while maintaining attractive yield potential.

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Market Infographic

Memphis, Tennessee

Real Estate Market Snapshot

Affordable entry pricing, stable rental demand, and a buyer-friendly environment continue to keep Memphis on the radar for long-term investors.

Typical Home Value
$142,870
Memphis remains one of the more accessible large-city housing markets, giving buyers a lower barrier to entry than many major metros.
Average Monthly Rent
$1,234/mo
Relative affordability and ongoing rental demand support Memphis as a market often discussed for income-focused strategies.
City Population
610,919
Memphis remains a major Tennessee population center with a broad housing base and durable demand across established neighborhoods.
Days to Pending
45 Days
Well-positioned listings continue to move at a healthy pace in the Memphis housing market.
Buyer Advantage
3.16% Below Asking
Homes are selling below asking price on average, giving buyers and investors more room to negotiate and structure better deals.
Market Position
Buyer’s Market
Current conditions favor disciplined buyers looking for value in a market known more for rental income than speculation.
Sample Property Showcase

See the Transformations

These sample projects highlight the kind of work that can turn dated properties into cleaner, more functional, and more marketable rental-ready homes. Each example below showcases major improvements and before-and-after results from actual renovation work.

Property Example 1

Hale Avenue

This project focused on the upgrades that make the biggest visual and functional impact—addressing major repair needs, modernizing key living areas, and improving the home’s overall rental appeal.

Highlighted Scope of Work

Rather than cosmetic touch-ups alone, this renovation included several value-driving improvements throughout the property to improve livability, presentation, and long-term marketability.

Repaired roof leak issues, replaced damaged exterior trim, and refreshed exterior wood and porch areas with new paint.
Removed old flooring throughout the home and installed updated new floors for a cleaner, more modern finish.
Completed a full kitchen renovation with new cabinetry, updated finishes, plumbing work, and utility connection improvements.
Renovated two bathrooms with fixture updates, tile improvements, and new plumbing work for a more functional and polished result.
Repaired cracked ceilings, replaced rotted materials, patched walls, and repainted ceilings, walls, trim, and doors throughout the home.
Updated lighting, outlets, switches, vent covers, interior framing details, and exterior doors to improve finish quality across the property.
Repaired and replaced damaged wood around bedroom windows and completed broad interior finish work to strengthen overall presentation.
Added approximately 300 square feet to create a full additional bedroom and bathroom—one of the biggest value-driving upgrades in the project.
Property Example 2

Edward Avenue

This project combined major exterior improvements with a substantial interior transformation, including a home addition that expanded functionality and helped reposition the property as a stronger, more marketable rental-ready asset.

Highlighted Scope of Work

This renovation went beyond surface-level updates and focused on the kind of improvements that drive both visual impact and long-term usability—from exterior restoration and roof replacement to interior modernization, system updates, and the addition of two bedrooms and one bathroom.

Cleared overgrown landscaping, debris, and site obstacles to improve curb appeal and prepare the property for a full exterior refresh.
Repaired, sealed, and painted exterior siding, trim, soffit, fascia, and brick for a cleaner, more cohesive finished look.
Added cedar post wraps, matching porch detailing, and new shutters to elevate the front exterior presentation.
Replaced approximately 18–20 squares of roofing with new 30-year architectural shingles for a major durability upgrade.
Completed site prep, foundation work, framing, weatherproofing, and rough-ins to support an approximately 350 sq ft addition with 2 bedrooms and 1 bath.
Removed interior debris, carpet, furniture, faux wood paneling, and damaged materials to fully reset the home for renovation.
Smoothed and repaired walls and ceilings throughout, addressing visible damage, brittle wood, and mold-affected areas before repainting.
Installed new LVP flooring throughout the main living areas and tile in wet areas for a more modern, durable finish.
Updated the kitchen with new cabinets, hardware, butcher block countertops, and backsplash for stronger visual appeal.
Renovated both bathrooms with new showers, vanities, sinks, mirrors, lighting, toilets, exhaust fans, and accessories.
Replaced outlets, covers, lighting hardware, and added recessed lighting plus ceiling fans to improve comfort and finish quality throughout the home.
Finished the project with full interior paint, updated trim, and new hardware across doors, cabinets, and closets for a cohesive rental-ready presentation.
Download Full Market Insight Report

Population Trend — Memphis, TN

Source: U.S. Census Bureau QuickFacts (2020 and 2024 estimates) (census.gov)

Price-to-Rent Ratio — Memphis, TN

Source: SmartAsset / SoFi Price-to-Rent Analysis (2025 data) (sofi.com)

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