Cleveland-Elyria Metro Area

Rental Property Analysis in Cleveland, Ohio

Find the most profitable long-term rental properties in Cleveland. Analyze any zip code and instantly discover the top 20 deals ranked by Cash-on-Cash return.

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Cleveland Rental Market Overview

Key statistics for real estate investors in the Cleveland-Elyria area

2.0 million

Metro Population

$200,000

Median Home Price

$1,200

Average Rent

10-14%

Avg Cash-on-Cash

Why Invest in Cleveland Rental Properties?

Highest cash flow potential in major metros

Cleveland Clinic provides stable employment

Low entry prices for strong returns

Diverse economy with healthcare and manufacturing

Growing tech and startup scene

Current Market Trends

West side suburbs stable for rentals

Medical district area in high demand

Lakefront properties appreciating

Downtown living gaining popularity

Popular Investment Areas in Cleveland

These neighborhoods are frequently analyzed by investors for long-term rental opportunities

Lakewood

Parma

Westlake

Strongsville

Mentor

Euclid

Top Zip Codes to Analyze in Cleveland

Enter any of these zip codes in Smart Rental Investor to find profitable deals

44107

44134

44145

44136

44060

44117

How to Find Profitable Rentals in Cleveland

Smart Rental Investor makes it easy to analyze the Cleveland market

Enter a Cleveland Zip Code

Type any OH zip code to scan the entire market

Set Your Criteria

Define budget, down payment, and loan terms

Get Top 20 Deals

Instantly see properties ranked by Cash-on-Cash return

Analyze & Export

Review 12+ metrics and export to CSV

Metrics Calculated for Every Cleveland Property

Cash-on-Cash Return

Cap Rate

Monthly Cash Flow

Total ROI

Gross Rent Multiplier

Debt Service Coverage

Break-Even Ratio

Price per Sq Ft

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