Real Estate Investing in Broadview Heights, Ohio (44147)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 44147 (Broadview Heights, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Broadview Heights, OH (44147)?
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Market Analysis: 44147 Broadview Heights
ZIP 44147 in Broadview Heights, OH carries a substantial set of headwinds. Home values near $378K and rents of $1,813/mo sit inside a market where underwriting has to be tight.
The 44147 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 44147 sits on the difficult end of the OH spectrum. The a solid fit for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 44147 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategically, 44147 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 Broadview Heights:
Property Strategy for 44147
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $207,072 | $1,350 | 4.7% | +7.8% | $103,536 |
| 3BR | $327,224 | $1,740 | 3.8% | +7.4% | $109,075 |
| 4BR | $502,191 | $1,860 | 2.7% | +7.7% | $125,548 |
| 5BR | $612,237 | — | — | +8.0% | $122,447 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 44147 Compare?
| Metric | 44147 | Broadview Heights | Cleveland-Elyria, OH | Ohio |
|---|---|---|---|---|
| Home Value | $377,890 | $377,890 | N/A | $237,530 |
| 5-Year CAGR | 6.2% | 6.2% | N/A | 7.4% |
| Avg Rent | $1,813 | $1,813 | N/A | - |
| Cap Rate | 3.7% | 3.7% | - | - |
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 44147 (Broadview 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 | $377,890 |
| Monthly Rent | $1,813 |
| Price-to-Rent | 17.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.7% |
| 5-Year IRR | 9.9% |
📈 Home Appreciation
| 1-Year | +7.7% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (3.7%). 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 44147
Population: 19,768
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 44147
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
Frequently Asked Questions
Is Broadview Heights, OH a good place for real estate investing?
Broadview Heights, OH shows an investability rating of 3.0/5, with median home values near $378K and average rents around $1,813/mo. That combination puts it in the robust tier for investor interest.
What is the rental occupancy rate in Broadview Heights, OH?
Occupancy in Broadview Heights, OH runs reliable with elevated vacancy. Well-priced units at $1,813/mo lease on reasonable timelines.
How qualified is the tenant pool in Broadview Heights, OH?
The tenant pool in Broadview Heights, OH is solid, supported by local employment and population fundamentals. Rents of $1,813/mo are well-absorbed by the market.
What is it like being a landlord in Broadview Heights, OH?
OH law landlord-friendly for landlords, and Broadview Heights inherits those rules. Investors should still review local ordinances for rental licensing.
What are rental rates like in Broadview Heights, OH?
Average rent in Broadview Heights, OH is approximately $1,813/mo per month. Against $378K home values that yields a reasonable rent-to-price ratio.
You know 44147 now. You don’t know where it ranks.
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How 44147 ranks in Cleveland-Elyria, OH
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