House flipping in Ohio is one of the most lucrative real estate investment strategies. In the second quarter of 2024, investors achieved an average gross profit of $73,500 per property, reflecting a 30.4% return on investment before expenses, according to ATTOM Data Solutions.
Why Ohio Is a Top State for House Flipping
In 2025, Ohio is emerging as the best state for flipping properties. With its low housing costs, strong rental demand, and rapid population growth in key metro areas, Ohio offers flippers an excellent opportunity to maximize returns.
Columbus, for example, has grown by 1.24% from 2022 to 2023, making it one of the fastest-growing metro areas in the Midwest, while Cincinnati’s population is projected to grow by 6% from 2020 to 2050.
FlipSquad, a leading resource for house flippers, has identified Ohio as a prime market due to its affordability, buyer demand, and high return on investment (ROI). Investors in Ohio are seeing an average gross flipping ROI of 56%, one of the highest in the nation, according to ATTOM Data Solutions. If you’re looking to get started in real estate flipping, Ohio should be at the top of your list.
What Makes Ohio Profitable for Property Flippers
Ohio offers a range of benefits that make it a top choice for house flipping. Investors can take advantage of the following:
- Affordable Home Prices – The median home price in Ohio is significantly lower than in states like California and New York, making entry costs much more manageable. As of 2025, the average home price in Ohio is $210,000, compared to the national average of $366,000.
- Strong Demand for Housing – Columbus, Cincinnati, and Cleveland all have growing populations, with Columbus being one of the fastest-growing metro areas in the U.S. Renters and first-time buyers are driving demand for renovated properties.
- High Profit Margins – Ohio flippers are seeing an average gross ROI of 56%, one of the highest in the nation, according to ATTOM Data Solutions.
- Diverse Market Opportunities – With urban centers, suburban developments, and affordable rural properties, Ohio offers a variety of flipping opportunities tailored to different investment strategies.
Ohio Population Growth Fuels Housing Demand
Ohio’s real estate market is fueled by rapid population growth in key metro areas. Columbus, for example, has grown by 1.24% from 2022 to 2023, making it one of the fastest-growing metro areas in the Midwest.
Cincinnati has seen a 6% projected growth from 2020 to 2050. Meanwhile, Cleveland has experienced a slight decline, making it an attractive market for investors seeking undervalued properties.
For investors looking for stable yet profitable real estate markets, Ohio provides an excellent balance of affordability and appreciation potential.
Best Cities in Ohio to Flip Houses in 2025
Ohio is home to multiple cities with high flip potential. Below, we break down the three best cities for house flipping in Ohio and the top neighborhoods within each city, backed by data.
Cleveland: A Budget-Friendly Market for House Flippers
Cleveland has consistently ranked among the top cities for house flipping due to its low property prices and high rental demand. Investors are flocking to Cleveland for its strong job market, affordability, and increasing property values.
Best Neighborhoods to Flip in Cleveland:
- Tremont – Median home price: $440,000. This historic district is a magnet for young professionals, with property values rising due to increased development and trendy local businesses.
- Detroit-Shoreway – Median home price: $236,979. The neighborhood is experiencing a surge in development, attracting first-time homebuyers looking for affordable but stylish homes.
- Old Brooklyn – Median home price: $147,409. This family-friendly neighborhood offers the best affordability with home values appreciating by over 6% year-over-year.
Cincinnati: Strong ROI and Buyer Demand
Cincinnati has seen steady economic growth, attracting investors looking to maximize profits through house flipping. The city’s affordable housing and vibrant job market make it an excellent location for investment properties.
Best Neighborhoods to Flip in Cincinnati:
- Over-the-Rhine (OTR) – Median home price: $450,000. A historic area undergoing rapid gentrification, making it ideal for luxury renovations.
- Westwood – Median home price: $185,000. Cincinnati’s largest neighborhood, with ongoing revitalization making it a top pick for budget-friendly flips.
- Pleasant Ridge – Median home price: $295,000. A growing neighborhood attracting young professionals and families looking for modern renovations.
Columbus: Ohio’s Fastest-Growing Flip Market
Columbus is one of the fastest-growing cities in Ohio, making it a prime location for house flipping. With an influx of new residents and job seekers, the demand for housing continues to rise, offering investors a strong opportunity for quick sales and high ROI.
Best Neighborhoods to Flip in Columbus:
- Franklinton – Median home price: $280,000. A rapidly developing area with significant appreciation potential, driven by young professionals and startups.
- German Village – Median home price: $600,000. Historic district known for high-end flips and premium sale prices.
- Clintonville – Median home price: $450,000. Highly desirable, with increasing property values and strong buyer demand.
Akron: Affordable Homes and Rising Demand
Akron has emerged as a notable market for real estate investors, offering affordable housing options and a growing demand for renovated properties.
Best Neighborhoods to Flip in Akron:
- Highland Square – Median home price: $209,950. This trendy, walkable neighborhood attracts young professionals, with rising property values and strong rental demand.
- Firestone Park – Median home price: $189,500. This affordable neighborhood offers strong rental demand, making it ideal for first-time investors.
- Ellet – Median home price: $195,000. A suburban-style community with solid appreciation potential and increasing buyer interest.
Dayton: High ROI and Low Vacancy Rates
Dayton has been identified as a prime real estate market, offering affordable housing, increasing demand, and low rental vacancy rates.
Best Neighborhoods to Flip in Dayton:
- Oregon District – Median home price: $245,000. This historic district boasts high resale values and strong rental demand.
- Belmont – Median home price: $175,000. A stable neighborhood with affordability and great ROI potential.
- Kettering – Median home price: $225,000. A suburban hotspot with rising appreciation rates and sought-after schools.
Toledo: Steady Market with Growth Potential
Toledo offers affordable real estate options with a steady demand, making it a viable market for house flipping.
Best Neighborhoods to Flip in Toledo:
- Old West End – Median home price: $199,000. This historic neighborhood is gaining popularity among buyers looking for character properties.
- Point Place – Median home price: $210,000. A waterfront community drawing buyers seeking affordable homes with strong resale potential.
- Westgate – Median home price: $230,000. A thriving suburban area with a strong housing market and increasing demand for renovated properties.
Tips for Successful House Flipping in Ohio
To make the most of house flipping in Ohio, follow these expert tips:
- Set a Budget – Account for the purchase price, renovation costs, and potential resale value. In Ohio, the average renovation cost for a mid-sized home is $30,000 to $60,000.
- Work with Local Contractors – Finding reliable contractors is key. In Columbus, the average general contractor charges between $40 to $75 per square foot for renovations.
- Focus on High-ROI Upgrades –Kitchens, bathrooms, and curb appeal upgrades consistently offer the best returns for house flippers. According to the 2024 Cost vs. Value Report by Zonda Media, a minor kitchen remodel in the East North Central region delivers an average return of 77.6% at resale. This includes updates like new cabinet fronts, energy-efficient appliances, countertops, and flooring. Projects that improve functionality and appearance without a full gut renovation deliver the strongest ROI in Ohio’s affordable housing market.
- Use FlipSquad’s Resources – FlipSquad provides real estate investors with market insights, detailed renovation strategies, and expert guidance to help maximize flipping profits.
By following these steps, you can make house flipping in Ohio a profitable venture.
Ohio Real Estate Flipping FAQ for Investors
What makes this a profitable state for house flipping?
Low property prices, strong buyer demand, and a growing population create ideal conditions for profitable flips. The average gross ROI is among the highest in the country, especially in mid-sized cities.
Which cities have the best ROI for flipping houses?
Columbus, Cleveland, and Cincinnati lead the way due to affordable entry points, fast-moving inventory, and strong resale values. Other promising markets include Dayton, Akron, and Toledo.
Are there affordable markets with high rental demand?
Yes—places like Akron, Toledo, and parts of Dayton offer low purchase prices with high rental yield. These can serve as backup exit strategies if flips take longer to sell.
How can I reduce risks when flipping properties?
Avoid over-improving for the neighborhood, and always build in a contingency buffer.
Ohio House Flipping: Final Takeaways for 2025
Ohio has emerged as the best state for house flipping in 2025, thanks to its affordability, strong housing demand, and excellent profit potential. With top cities like Cleveland, Cincinnati, and Columbus offering prime opportunities, now is the time to invest.
FlipSquad is here to help you navigate the Ohio real estate market with expert insights, data-driven strategies, and professional resources. Don’t miss out—start your house flipping journey in Ohio today!