Why Cleveland?
Cleveland was ranked Top 3 Hottest Housing Markets for 2023 by Zillow! In 2024, it remains one of the most investor-advantaged real estate markets in the U.S.. Over the past 8 years, Cleveland has been on a stunning resurgence, being named “America’s Hottest City” by Forbes, “Top 15 U.S. Cities for College Grads” by SmartAssets and “Top 20 Places in the WORLD” to Visit by National Geographic! Long-time home of the Rock & Roll Hall of Fame, Cleveland also became a choice filming destination for blockbuster movies like “The Avengers” and “Captain America: Winter Soldier”. And, while the city is abuzz with revitalization projects and a burgeoning food and arts scene, the cost of living is 6% below the national average and the cost of housing remains a full 18% below the national average (source: RentCafe).
Property Highlights
- Fully-Renovated Single Family Homes
- Tenants and Local Property Management in Place at Closing
- 6.5% Average Cap Rate
- $175,000 Average Purchase Price
- Majority Owner-Occupied Communities
Market Highlights
- Home Prices Appreciated over 10% in 2023
- Cost of Living is 6% Below the National Average
- Cost of Housing is 18% Below the National Average
- Ranked Top 3 Hottest Real Estate Markets by Zillow
- Ranked Top 20 Places in the WORLD to Visit by NatGeo