Under $500K Investment Properties for Sale in Cleveland Heights, OH
Listed for sale 2 days ago
$ 165,000
ROI
23.9
Cash Flow/m
191- 4 Bed
- 2 Bath
- 1723 sft
3394 Lownesdale Rd, Cleveland Heights, OH, 44112
Listed for sale 3 days ago
$ 279,900
ROI
26.3Cash Flow/m
511- 3 Bed
- 3 Bath
- 1880 sft
2548 Canterbury Rd, Cleveland Heights, OH, 44118
Listed for sale 3 days ago
$ 210,000
ROI
25.9Cash Flow/m
359- 2 Bed
- 1 Bath
- - sft
3573 Fairmount Blvd, Cleveland Heights, OH, 44118
Fix & Flip
Listed for sale 3 days ago
$ 125,000
ROI
23.2Cash Flow/m
121- 3 Bed
- 2 Bath
- 4468 sft
1676 Lee Rd, 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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