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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Cleveland Heights, OH
Listed for sale 2 days ago
$ 244,900
ROI
30.6
Cash Flow/m
741- 3 Bed
- 2 Bath
- 1393 sft
3504 E Scarborough Rd, Cleveland Heights, OH, 44118
Currently Rented
Listed for sale 2 days ago
$ 352,000
ROI
22.1Cash Flow/m
235- 7 Bed
- 3 Bath
- 3615 sft
14172 Superior Rd, Cleveland Heights, OH, 44118
Listed for sale 3 days ago
$ 319,000
ROI
24.9Cash Flow/m
452- 4 Bed
- 2 Bath
- 1800 sft
3288 Silsby Rd, Cleveland Heights, OH, 44118
Listed for sale 3 days ago
$ 179,000
ROI
23.8Cash Flow/m
200- 3 Bed
- 2 Bath
- 1596 sft
3333 Beechwood Ave, Cleveland Heights, OH, 44118
Why Invest in Cleveland Heights, Ohio?
Discover investment opportunities in Cleveland Heights, OH under $500k, where median home values hover around $200k-$235k. Stable appreciation of 2.9%-16% year-over-year supports long-term growth. Renter-occupied rates exceed 50%, driving consistent rental yields around 7-9%. Cap rates of 8-10% attract cash flow investors in this affordable market. Proximity to Cleveland's job centers enhances demand for budget-friendly rentals.
9.5%
Avg. ROI
8.2%
Rental Yield
9.1%
Cap Rate
$850/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Expect avg ROI of 9-10% with rental yields around 8% and cap rates of 9%. Cash flow averages $800+ monthly on $200k properties. Appreciation supports 3-5% annual gains.
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