Real Estate Investing in Cleveland, Georgia (30528)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 30528 (Cleveland, GA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 19.9% of homes vacant — above national norms.
What’s happening in Cleveland, GA (30528)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 30528 Cleveland
ZIP 30528 in Cleveland, GA carries a healthy set of headwinds. Home values near $322K and rents of $1,475/mo sit inside a market where underwriting has to be tight.
The 30528 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 30528 among GA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
From a cash-flow lens, 23,757 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 30528 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Cleveland:
Property Strategy for 30528
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $151,908 | $1,230 | 5.8% | +9.1% | $151,908 |
| 2BR | $271,465 | $1,360 | 3.6% | +10.6% | $135,733 |
| 3BR | $350,237 | $1,640 | 3.4% | +10.6% | $116,746 |
| 4BR | $456,906 | $1,870 | 2.9% | +10.0% | $114,226 |
| 5BR | $560,588 | — | — | +10.2% | $112,118 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 30528 Compare?
| Metric | 30528 | Cleveland | Georgia |
|---|---|---|---|
| Home Value | $322,423 | $322,423 | $329,538 |
| 5-Year CAGR | 6.7% | 6.7% | 7.8% |
| Avg Rent | $1,475 | $1,475 | - |
| Cap Rate | 3.6% | 3.6% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 30528 (Cleveland, GA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 30528 (Cleveland, GA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $322,423 |
| Monthly Rent | $1,475 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 30528
Population: 23,757
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 30528
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,523 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do landlord-tenant laws work in Cleveland, GA?
GA law landlord-friendly for landlords, and Cleveland inherits those rules. Investors should still review local ordinances for rental licensing.
Is Cleveland, GA better for rentals, flips, or BRRRR?
Cleveland, GA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($322K prices, $1,475/mo rents) make it a reasonable choice.
What is the tenant pool like in Cleveland, GA?
The tenant pool in Cleveland, GA is solid, supported by local employment and population fundamentals. Rents of $1,475/mo are well-absorbed by the market.
Is Cleveland, GA good for house hacking?
House hacking in Cleveland, GA is a challenging. With home values around $322K and rents at $1,475/mo, owner-occupants can offset a meaningful share of PITI.
What are home prices like in Cleveland, GA?
Median home price in Cleveland, GA is near $322K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
You know 30528 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 30528 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
AI Market Advisor
Ask questions about investing in 30528 (Cleveland)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 30528 (Cleveland, GA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.