Real Estate Investing in Warrensville Heights, Ohio (44128)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44128 (Warrensville Heights, 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.
- Elevated vacancy: 11.8% vacancy may signal weakening demand.
- Elevated poverty: 26.2% poverty rate — can affect rent collection.
- Higher unemployment: 8.3% unemployment — tenant risk signal.
What’s happening in Warrensville Heights, OH (44128)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 44128 Warrensville Heights
ZIP 44128 offers what many appreciation markets cannot: an affordable basis at $103K and rent support of $1,420/mo for rehab-driven equity creation in Cuyahoga County.
Investors in 44128 do not buy the market average — they buy the unit they can improve. $103K median pricing and $1,420/mo comps define the envelope within which the work has to pay.
Comparing Warrensville Heights submarkets, ZIP 44128 offers an entry cost that most surrounding neighborhoods have moved past. The substantial delta is the opportunity.
Residents in 44128 skew younger than the county average, and that matters for rehab positioning. Younger renters respond to finishes, appliances, and in-unit laundry in ways that move rent.
ZIP 44128 fits investors who can swing a hammer — or pay someone to swing one well. BRRRR, fix-and-flip, and fix-and-hold all work when the rehab scope is matched to the rent lift.
Here's what matters if you're considering buying a home in Warrensville Heights:
Property Strategy for 44128
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $71,326 | $1,250 | 12.6% | +8.3% | $35,663 |
| 3BR | $106,756 | $1,610 | 10.9% | +5.5% | $35,585 |
| 4BR | $106,741 | $1,720 | 11.6% | +7.8% | $26,685 |
| 5BR | $105,133 | — | — | +7.9% | $21,027 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44128 Compare?
| Metric | 44128 | Warrensville Heights | Cleveland-Elyria, OH | Ohio |
|---|---|---|---|---|
| Home Value | $103,279 | $103,279 | N/A | $237,530 |
| 5-Year CAGR | 2.7% | 2.7% | N/A | 7.4% |
| Avg Rent | $1,420 | $1,420 | N/A | - |
| Cap Rate | 10.7% | 10.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 44128 (Warrensville Heights, 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 | $103,279 |
| Monthly Rent | $1,420 |
| Price-to-Rent | 6.1:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 16.5% |
| Cap Rate | 10.7% |
| 5-Year IRR | 13.4% |
📈 Home Appreciation
| 1-Year | +3.7% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +7.9% ▲ |
| 5-Year CAGR | N/A |
The estimated cap rate (10.7%) 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 44128
Population: 27,611
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 44128
Schools in This ZIP Code
About Repit School Scores
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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
Should investors consider Warrensville Heights, OH?
Warrensville Heights, OH sits at an investability rating of 5.0/5, with median home values near $103K and average rents around $1,420/mo. That combination puts it in the robust tier for investor interest.
Are there BRRRR deals in Warrensville Heights, OH?
Investors running BRRRR in Warrensville Heights, OH see a strong outcomes. Deal flow and rehab execution matter more than the macro here.
How much do tenants pay in Warrensville Heights, OH?
Investors in Warrensville Heights, OH typically see rents near $1,420/mo per month against $103K home values - a solid setup for rental cash flow.
What approach is best for Warrensville Heights, OH real estate?
Warrensville Heights, OH investors pursuing value-add and BRRRR deals. The underlying economics ($103K prices, $1,420/mo rents) make it a reasonable choice.
How much should I expect to pay for a home in Warrensville Heights, OH?
Warrensville Heights, OH home values average about $103K. That price point suits investors targeting rentals with $1,420/mo in monthly income.
You know 44128 now. You don’t know where it ranks.
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How 44128 ranks in Cleveland-Elyria, OH
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