Browse our selection of investment properties for sale in Cleveland Ohio. Most of our Cleveland investment properties are available fully-renovated with tenants and professional local property management in place. We are also able to source value-add investment properties in Cleveland suitable for the BRRR investment strategy. Our team on the ground in Cleveland are true market leaders, including licenced Realtors, contractors, home inspectors, appraisers, attorneys and insurance agents. Your Cleveland investment properties are in safe hands.

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Cleveland Investment Properties FAQs

Are Cleveland Investment Properties a Good Investment?

Cleveland is one of the most popular markets for real estate investors looking for positive cashflow and equity appreciation. Houses prices are far lower than the national average, and rents are high but affordable. This means investment properties in Cleveland have an excellent rent-to-price ratio, offering investors positive cashflow and price appreciation.

What are the Risks of Buying Investment Properties in Cleveland?

Cleveland has some of the oldest properties in the United States. It’s important to ensure you get a home inspection and sewer scope before you buy an investment property in Cleveland. You should also make sure you allocate sufficient reserve funds to account for higher maintenance costs and capital expenditures. Cleveland also has some rough neighbourhoods with a lot of problematic tenants. Make sure you research the neighbourhood fully, and hire experienced local professional property management.

Which Cleveland Neighbourhoods Are Best for Investors?

The greater Cleveland area has around 996,000 homes with lots of neighbourhoods. Some of the best neighbourhoods for real estate investors looking to investment properties in Cleveland include:

• Old Brooklyn
• Clark Fulton
• West Boulevard
• Brooklyn Central
• Lakewood
• Tremont
• Puritas Longmead

Where Can I Buy Investment Properties in Cleveland?

You can search online portals like Zillow to find Cleveland investment properties. Or you can work with a specialist Cleveland investment property provider like Cashflow Rentals who source and manage Cleveland investment properties for their clients.

Can I get a Mortgage to buy an Investment Property in Cleveland?

Yes – most rental property investors will use a mortgage to buy their investment property in Cleveland. The most popular loan options tends to be a DSCR loan that requires less underwriting, and doesn’t impact the investors debt-to-income ratio. Usually DSCR loand are available for up to 75% of the purchase of a Cleveland investment property.

How Much do Cleveland investment Properties Cost?

Cleveland has some of the lowest house prices in the United States. You can buy an investment property in Cleveland with as little as $100,000. In general, prices range between $125,000 to $350,000 for good quality Cleveland investment properties in better neighbourhoods.