Is Cleveland Heights, OH a good place to invest in rental property?

Cleveland Heights, OH has a median modeled monthly cash flow of $-371 and a median cap rate of 4.3%, on a median sold price of $237,500. Prices changed +0.0% year over year.

What is the average cap rate in Cleveland Heights, OH?

The median cap rate across recently sold homes in Cleveland Heights, OH is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cleveland Heights, OH?

The median sold price in Cleveland Heights, OH is $237,500 (about $131 per square foot).

Investing in Cleveland Heights, OH Real Estate

A data-driven snapshot of the Cleveland Heights, OH rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$237,500Median sold price

$131Median $/sqft

4.3%Median cap rate

$-371Modeled cash flow / mo

+0.0%Appreciation YoY

6.9Months of supply

373Active listings

647Sold (last 12 mo)

What the Cleveland Heights numbers say

In Cleveland Heights, OH, the median home sold for $237,500 (about $131 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-371 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 6.9 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Ohio markets to compare

See Cleveland Heights cash-flowing listings

CashFlowRE ranks every for-sale home in Cleveland Heights, OH by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Cleveland Heights deals, or browse the national market data.