Real Estate Investing in Cleveland, Ohio (44110)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44110 (Cleveland, OH)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 19.8% of homes vacant — above national norms.
- Elevated poverty: 28.9% poverty rate — can affect rent collection.
- Lower household income: $28,166 median — tenant affordability is tighter.
What’s happening in Cleveland, OH (44110)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44110 Cleveland
ZIP 44110 inside Cleveland, OH leans into a value-add thesis. Home values near $81K sit below the state median, and rents of $1,115/mo leave room for forced-equity plays.
ZIP 44110 favors investors with a contractor on speed dial. On balance, the turnkey yield looks ordinary, a renovated unit pulls stronger rent than the unrenovated $1,115/mo average.
Across Cleveland, pockets like 44110 represent the last affordable rungs of a rising ladder. The state-level data shows those rungs thinning.
A renter-heavy, wage-earner demographic anchors 44110. Value-add players rely on that mix — the 64% share is both the tenant source and the buyer pool for future owner-occupied exits.
Flippers with local expertise can do well in 44110. Out-of-state investors should partner with boots-on-the-ground operators or skip the ZIP entirely.
Here's what matters if you're considering buying a home in Cleveland:
Property Strategy for 44110
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $68,290 | $1,100 | 11.6% | +10.5% | $34,145 |
| 3BR | $77,394 | $1,420 | 13.2% | +7.4% | $25,798 |
| 4BR | $89,928 | $1,510 | 12.1% | +5.9% | $22,482 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44110 Compare?
| Metric | 44110 | Cleveland | Cleveland-Elyria, OH | Ohio |
|---|---|---|---|---|
| Home Value | $80,889 | $85,662 | N/A | $237,530 |
| 5-Year CAGR | 3.5% | 3.2% | N/A | 7.4% |
| Avg Rent | $1,115 | $1,306 | N/A | - |
| Cap Rate | 10.8% | 8.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44110 (Cleveland, OH). Anonymous, moderated, never written by AI.
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Property managers serving Cuyahoga County
Manage rentals here? List your business →Cleveland Property Management Group is a residential property manager in Northeast Ohio, assisting with property purchase, portfolio analysis, and full-service management. summary from their website
SBS Property Management provides management, maintenance, inspections, finances, and communications for Condominium and Homeowner Associations across Ohio. summary from their website
Aspire Real Estate helps sell homes quickly. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $80,889 |
| Monthly Rent | $1,115 |
| Price-to-Rent | 6.0:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 16.6% |
| Cap Rate | 10.8% |
| 5-Year IRR | 14.2% |
📈 Home Appreciation
| 1-Year | +0.8% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +4.0% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (10.8%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 44110
Population: 17,979
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 44110
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Shaw High School
Franklin D. Roosevelt
Glenville High School
Willson School
W.H. Kirk Middle School
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
Frequently Asked Questions
What price range are homes in Cleveland, OH?
The median home value in Cleveland, OH is roughly $81K. That puts it reasonable relative to the OH statewide average.
What do landlords charge for rent in Cleveland, OH?
Expect rents around $1,115/mo per month in Cleveland, OH. With home values at $81K, the yield math works out to reasonable levels for rental investors.
Do properties in Cleveland, OH satisfy the 1% rule?
Cleveland, OH delivers a 1.38% rent-to-price ratio on average. Investors targeting the 1% rule will find solid opportunities.
Is Cleveland, OH a good market for FHA house hackers?
Cleveland, OH offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,115/mo rent level.
Is BRRRR a fit for Cleveland, OH?
Cleveland, OH is a strong for BRRRR. Acquiring below market, rehabbing, and leasing at $1,115/mo produces solid refinance appraisals against $81K values.
You know 44110 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 44110 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.
How 44110 ranks in Cleveland-Elyria, OH
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