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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 today
$ 349,900
ROI
22.3
Cash Flow/m
248- 4 Bed
- 2 Bath
- 2785 sft
3379 Tullamore Rd, Cleveland Heights, OH, 44118
Listed for sale today
$ 289,000
ROI
25.4Cash Flow/m
451- 3 Bed
- 2 Bath
- - sft
2593 Canterbury Rd, Cleveland Heights, OH, 44118
Listed for sale 1 day ago
$ 179,900
ROI
23.9Cash Flow/m
205- 3 Bed
- 2 Bath
- 1784 sft
3340 E Fairfax Rd, Cleveland Heights, OH, 44118
Listed for sale 2 days ago
$ 137,000
ROI
23.1Cash Flow/m
129- 3 Bed
- 1 Bath
- - sft
3752 Lowell Rd, Cleveland Heights, OH, 44121
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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