Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median +12.2% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, −27.7% YoY, is the number to watch.
The median listing price is up 12.2% YoY while the median home got down 9.3% bigger, so value per square foot is up 63.2%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $71K purchase rents for $1,100/mo: 1.54% of price per month against the 1% rule's 1.00%.
Not shown: 1 BR (rent only, no matching sale price), 5 BR (sale only, no matching rent), 7 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 30 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Condo (rented here, not sold), Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 44127 itself, not its parent county.
Renters hold 59.7% of this ZIP's 1,968 occupied households, on a median household income of $33K.
| Measure | ZIP 44127 | Cuyahoga County | Difference |
|---|---|---|---|
| Median Household Income | $33K | $64K | -$32K |
| Below Poverty Level | 36.5% | 16.1% | +20.4% |
| Median Age | 34.20 | 40.40 | -6.20 |
| Total Population | 4,239 | 1,245,873 | -- |
| Avg Household Size | 2.15 | 2.20 | -0.05 |
| Owner-Occupied | 40.3% | 59.4% | -19.1% |
| Worked From Home | 12.1% | 15.5% | -3.4% |
| Mean Commute | 27.90 | 23.30 | +4.60 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.3% to 1,245,873: residents under 18 are down 1.0% and those 65 and over are up 2.2%.
County median household income is $64K, 16.1% of residents are below the poverty level, 15.5% work from home.