Buy Turn-key Rental Properties in Cleveland
Cleveland Property Highlights:
- Fully-Renovated Single Family Homes and 2-4 Unit Properties
- Tenants and Local Property Management in Place at Closing
- 6.5% Average Cap Rate
- $125,000 Starting Purchase Price
Cleveland Market:
- Home Prices Appreciated over 48% in the Last 5 Years
- Cost of Living is 7% Below the National Average
- Cost of Housing is 18% Below the National Average
- Ranked #3 Most Affordable Market by Mortgage Monitor
- Ranked Top 20 Places in the WORLD to Visit by NatGeo
Why Cleveland?
Over the past decade, Cleveland has been on a stunning resurgence, being named “America’s Hottest City” by Forbes, “Top 3 Hottest Housing Markets” by Zillow, “Top 15 U.S. Cities for College Grads” by SmartAssets and “Top 20 Places in the WORLD” to Visit by National Geographic! Long-time home of the Rock & Roll Hall of Fame, Cleveland has also become a choice filming destination for blockbuster movies like “The Avengers” and “Captain America: Winter Soldier”. And, while the city is abuzz with revitalization projects and a burgeoning food and arts scene, the cost of living is 7% below the national average and the cost of housing remains a full 18% below the national average (source: RentCafe). Â This year it remains one of the most investor-advantaged real estate markets in the U.S..
Available Cleveland Properties
- Type: Fourplex
- Rent: $4015 Per Month
- Cap Rate: 6.5%
- Year Built: 1904
- 9 Bedrooms
- 2572 Sq Ft
- 4.0 Bathrooms
- Carport Parking
- Type: Duplex
- Rent: $1800 Per Month
- Cap Rate: 7.0%
- Year Built: 1900
- 4 Bedrooms
- 1633 Sq Ft
- 2.0 Bathrooms
- Carport Parking
- Type: Single Family Home
- Rent: $1375 Per Month
- Cap Rate: 7.4%
- Year Built: 1920
- 3 Bedrooms
- 1056 Sq Ft
- 1.0 Bathrooms
- Carport Parking
- Type: Single Family Home
- Rent: $1200 Per Month
- Cap Rate: 7.6%
- Year Built: 1890
- 2 Bedrooms
- 853 Sq Ft
- 1.0 Bathrooms
- n/a
- Type: Single Family Home
- Rent: $1200 Per Month
- Cap Rate: 6.3%
- Year Built: 1885
- 2 Bedrooms
- 860 Sq Ft
- 1.0 Bathrooms
- Carport Parking
- Type: Single Family Home
- Rent: $1500 Per Month
- Cap Rate: 6.1%
- Year Built: 1900
- 3 Bedrooms
- 1379 Sq Ft
- 1.0 Bathrooms
- 1 Car Garage
- Type: Single Family Home
- Rent: $1500 Per Month
- Cap Rate: 6.4%
- Year Built: 1880
- 5 Bedrooms
- 1302 Sq Ft
- 1.0 Bathrooms
- Carport Parking
- Type: Single Family Home
- Rent: $1450 Per Month
- Cap Rate: 5.7%
- Year Built: 1915
- 4 Bedrooms
- 1232 Sq Ft
- 2.0 Bathrooms
- Carport Parking
- Type: Single Family Home
- Rent: $1450 Per Month
- Cap Rate: 6.5%
- Year Built: 1900
- 4 Bedrooms
- 1232 Sq Ft
- 2.0 Bathrooms
- Carport Parking
- Type: Single Family Home
- Rent: $1400 Per Month
- Cap Rate: 6.2%
- Year Built: 1900
- 3 Bedrooms
- 1330 Sq Ft
- 1.0 Bathrooms
- 1 Car Garage
- Type: Single Family Home
- Rent: $1200 Per Month
- Cap Rate: 5.0%
- Year Built: 1890
- 2 Bedrooms
- 948 Sq Ft
- 1.0 Bathrooms
- Carport Parking
- Type: Single Family Home
- Rent: $1450 Per Month
- Cap Rate: 6.7%
- Year Built: 1890
- 3 Bedrooms
- 1260 Sq Ft
- 1.0 Bathrooms
- Off-Street Parking
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