In the last six months, there were 310 properties sold in the Akron Ohio area from $0-$20,000. Of those Akron properties sold, the AVERAGE sale price was $10,805. Just think of the cash flow you will be able to generate with rents of $400-$600 every month. Below is an example of how you can use real estate investment property income to generate long term wealth: Purchase Price: $15,000 Repair Work: $5,000 Total Cost: $20,000 Monthly Rent: $500 Monthly Taxes & Insurance: $130 $500 (0 comments)