Akron Ohio is now the best student town for buying rental property according to a new report by RealtyTrac.

The firm has just ranked the top 10 college towns for buying rental properties, and the top 10 college towns for ‘flipping’. For these rankings, RealtyTrac looked at universities with a total 2012 enrolment of 20,000 or more, based on data from the National Center for Education Statistics, and located in counties with an unemployment rate below the national average of 6.2% in June 2014.

With an average rental yield of nearly 14%, the city of Akron Ohio, home of the University of Akron, tops the list of top college towns for buying rental properties. Following closely is Trenton, New Jersey, home of Thomas Edison State College, with an average gross rental yield of 13.2%, Gainesville, Florida, home to the University of Florida, with an average gross rental yield of 11.34%.

The next best on the top 10 list were; University of Cincinnati (11.28%), Ohio State University (10.97%), Northern Illinois University (10.46%), University of Pittsburgh (10.26%), Kent State University (10.09%), University of Nebraska (9.70%), Broward College (8.79%).