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

Shaker Heights, OH has a median modeled monthly cash flow of $-1,050 and a median cap rate of 2.3%, on a median sold price of $355,000. Prices changed +2.4% year over year.

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

The median cap rate across recently sold homes in Shaker Heights, OH is 2.3%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Shaker Heights, OH is $355,000 (about $168 per square foot).

Investing in Shaker Heights, OH Real Estate

A data-driven snapshot of the Shaker 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.

$355,000Median sold price

$168Median $/sqft

2.3%Median cap rate

$-1,050Modeled cash flow / mo

+2.4%Appreciation YoY

8.6Months of supply

292Active listings

407Sold (last 12 mo)

What the Shaker Heights numbers say

In Shaker Heights, OH, the median home sold for $355,000 (about $168 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,050 of monthly cash flow. Sold prices moved +2.4% over the past year. Inventory sits at about 8.6 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 Shaker Heights cash-flowing listings

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