Real Estate Investing in East Cleveland, Ohio (44112)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44112 (East 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: 29.5% of homes vacant — above national norms.
- Elevated poverty: 24.8% poverty rate — can affect rent collection.
- Higher unemployment: 9.2% unemployment — tenant risk signal.
- Lower household income: $29,382 median — tenant affordability is tighter.
What’s happening in East Cleveland, OH (44112)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44112 East Cleveland
The 44112 ZIP in East Cleveland is not a pristine, turnkey story — it is a value-add map. Stock is older, prices near $80K are approachable, and upside sits in the rehab line.
Investors in 44112 do not buy the market average — they buy the unit they can improve. $80K median pricing and $924/mo comps define the envelope within which the work has to pay.
Across OH, value-add opportunity tends to concentrate where housing stock is older and entry prices are below the state median. ZIP 44112 posts both traits clearly.
Demographically, 44112 is a working ZIP — not a luxury market. That profile is exactly what value-add operators need in order to price their renovated product correctly.
Strategic fit here is operational. Pro forma discipline, capex reserves, and lender relationships matter more than the marketing pitch.
Here's what matters if you're considering buying a home in East Cleveland:
Property Strategy for 44112
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $67,116 | $1,080 | 11.6% | +9.4% | $33,558 |
| 3BR | $72,219 | $1,390 | 13.9% | +6.3% | $24,073 |
| 4BR | $78,978 | $1,490 | 13.6% | +5.4% | $19,744 |
| 5BR | $81,369 | — | — | +5.7% | $16,274 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44112 Compare?
| Metric | 44112 | East Cleveland | Cleveland-Elyria, OH | Ohio |
|---|---|---|---|---|
| Home Value | $79,548 | $79,548 | N/A | $237,530 |
| 5-Year CAGR | 2.8% | 2.8% | N/A | 7.4% |
| Avg Rent | $924 | $924 | N/A | - |
| Cap Rate | 9.1% | 9.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44112 (East 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 | $79,548 |
| Monthly Rent | $924 |
| Price-to-Rent | 7.2:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 13.9% |
| Cap Rate | 9.1% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +2.8% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | -4.4% ▼ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (9.1%) 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 44112
Population: 18,493
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 44112
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Monticello Middle School
Roxboro Middle School
Canterbury Elementary School
Fairfax Elementary School
Franklin D. Roosevelt
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 are rental rates like in East Cleveland, OH?
Average rent in East Cleveland, OH is approximately $924/mo per month. Against $80K home values that yields a reasonable rent-to-price ratio.
How close is East Cleveland, OH to meeting the 1% rule?
The median property in East Cleveland, OH ($80K at $924/mo rent) a 1.16% rent-to-price figure. Pure 1% deals require disciplined offer pricing.
Should investors consider East Cleveland, OH?
The 5.0/5 investability rating in East Cleveland, OH reflects its $80K prices and $924/mo rents. Investors generally consider it a solid option within OH.
Does BRRRR pencil out in East Cleveland, OH?
Operators BRRRR-ing in East Cleveland, OH report a strong results. Focus on sub-market acquisition and tight rehab budgets to capture the spread.
What strategy should investors use in East Cleveland, OH?
A value-add and BRRRR deals strategy East Cleveland, OH best. The market produces consistent results for that approach at the $80K price point.
You know 44112 now. You don’t know where it ranks.
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How 44112 ranks in Cleveland-Elyria, OH
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