2516 Greenvale Rd Cleveland OH 44121

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5 investors added to watchlist·8 days on market

2516 Greenvale Rd

Cleveland OH 44121

Home Price

$137,000

$41,100 down payment (30%)

Year 1 Highlights

7.6%Cash on Cash info icon

7.46%Cap Rate info icon

7%YoY Appreciation info icon

$415Cash Flow/mo. info icon

2516 Greenvale Rd, Cleveland OH 44121

$137,000

3 bed·2 bath·1,175 sqft·Built 1950

Leased · $1,250/moVerified by Doorvest

8 days on market·5 investors watching

Year 1 Highlights

7.6%Cash on Cash info icon

7.46%Cap Rate info icon

7%YoY Appreciation info icon

$415Cash Flow/mo. info icon

Why invest?

2516 Greenvale Rd offers investors a solid Cleveland rental opportunity in a market known for dependable tenant demand and strong housing fundamentals. Located in 44121, this residential asset benefits from Cleveland’s stable economy, affordable entry point, and landlord-friendly Ohio regulations. It is positioned for investors seeking a practical hold in a cash-flow focused market.

Property Overview

This 1950-built residential home features 3 bedrooms, 2 bathrooms, and 1,175 square feet of living space. The layout offers a workable configuration for long-term tenants, with the size and bedroom count well suited to small households seeking value and functionality.

Economic and Employment Insights

Cleveland’s economy is anchored by major employers including Cleveland Clinic, University Hospitals, and KeyCorp, supporting broad demand across healthcare, finance, and professional services. With job growth at 1.5% and population growth at 0.5%, the market shows steady stability rather than volatility.

Local Amenities

44121 offers convenient access to neighborhood services, daily shopping, dining, parks, and regional transportation corridors that support commuter appeal. Nearby schools and established residential streets add to tenant interest, making this an accessible and practical location for long-term occupancy.

Currently Leased

Monthly Rent

$1,250/month

✓ Managed & verified by Doorvest

Lease Term

Jun 2026 – May 2027

Tenant Since

May 2023

Managed by Doorvest

Lease data verified by Doorvest.

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