Columbus / Ohio
The city of Columbus is the largest in Ohio and the 14th in the United States, with a population of over 750,000. Its metro area is close to 2 million. Pittsburgh and Indianapolis, Columbus is home to the university's main campus Ohio , One of the largest public universities in the United States, which as of 2016 has over 66,000 students.
Economics - in Columbus A strong and diverse economy that relies on education, insurance, banking, fashion, security, aviation, food, logistics, steel, energy, medical research, health, hospitality, retail, and technology. The main employer is the university, which employs close to 30,000 people. The city also employs 22,000 people. The largest bank in the United States, Chase, is the third largest employer in Columbus, and employs 17,000 people.
Real Estate Data - The average house in Columbus is sold for $ 138,000, and the average rent is $ 1203 per month. In addition, the ownership ratio to tenants is 55-45 for tenants - an encouraging figure for rental investors in the area. Land (46%).
In the last year the market has risen by 9.8% and according to forecasts is expected to rise in the coming year by another 4.5%. (Nice figure, because the market has not yet reached the price level before the economic crisis). Only about 41% of the apartments were built before 1969. This figure shows that the city is constantly being renewed.
One of the advantages is that the city is considered a very stable investment in terms of the Midwest, and has positive and quality immigration every year. Therefore, its price range is also much higher compared to area cities like Cleveland or Detroit.