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REI Lense

Cleveland, OH Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Cleveland, OH. Based on 15+ datapoints.

Cleveland, OH Short-Term Rental / Airbnb Investment Snapshot

Based on 15+ short-term rental / airbnb datapoints

Median Cap Rate

8.5%

Avg Cash on Cash

4.4%

Median Cashflow

$198/mo

Avg Rent Estimate

$2,564/mo

Avg Price

$172,612

Price Range

$119,900 - $240,300

Rent to Price

1.49%

strong ratio

Positive Cashflow

75%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Cleveland, OH

Cleveland, OH is an emerging short-term rental market with growing investor interest. With 15+ datapoints analyzed so far, early metrics suggest opportunity for Airbnb investors willing to enter before the market matures. Current average cash-on-cash returns sit at 4.4%.

Across 15+ analyzed properties, Cleveland, OH STR investments show a median monthly cashflow of $198 with an average estimated nightly-rate-adjusted revenue of $2,564/month. These figures reflect real property data, not projections.

1637 Holyrood Rd, Cleveland, OH 44106

Price

$150,000

Rent

$5,554

CachFlow

$1,821

CoC

29.73

Full Analysis

9617 Mount Auburn Ave, Cleveland, OH 44104

Price

$190,000

Rent

$2,800

CachFlow

$72

CoC

1.14

Full Analysis

16805 Larchwood Ave, Cleveland, OH 44135

Price

$240,300

Rent

$3,338

CachFlow

$184

CoC

3.23

Full Analysis

4514 Broadale Rd, Cleveland, OH 44109

Price

$165,900

Rent

$3,559

CachFlow

$660

CoC

14.99

Full Analysis

3601 Memphis Ave, Cleveland, OH 44109

Price

$119,900

Rent

$1,066

CachFlow

-$271

CoC

-8.75

Full Analysis
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Cleveland, OH Airbnb Market Insights

  • Positive median cashflow of $198/month indicates most investors cover expenses
  • 8.5% median cap rate places Cleveland, OH among higher-yielding markets nationwide
  • 75% of analyzed properties cash-flow positive — high probability of finding a deal
  • Moderately priced market with properties from $119,900 to $240,300
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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