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

East Cleveland, OH has a median modeled monthly cash flow of $910 and a median cap rate of 17.4%, on a median sold price of $87,770. Prices changed +2.2% year over year.

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

The median cap rate across recently sold homes in East Cleveland, OH is 17.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in East Cleveland, OH is $87,770 (about $46 per square foot).

Investing in East Cleveland, OH Real Estate

#19 cash-flow market in the U.S.

A data-driven snapshot of the East Cleveland, 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.

$87,770Median sold price

$46Median $/sqft

17.4%Median cap rate

$910Modeled cash flow / mo

+2.2%Appreciation YoY

10.6Months of supply

70Active listings

79Sold (last 12 mo)

What the East Cleveland numbers say

In East Cleveland, OH, the median home sold for $87,770 (about $46 per square foot), and the typical deal models out to a 17.4% cap rate with a median $910 of monthly cash flow. Sold prices moved +2.2% over the past year. Inventory sits at about 10.6 months of supply — a looser, buyer-friendly market. 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 East Cleveland cash-flowing listings

CashFlowRE ranks every for-sale home in East Cleveland, 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 East Cleveland deals, or browse the national market data.