Cleveland, Jefferson

Cleveland - United States of America

Properties > Cleveland, Jefferson
EST. ANNUAL RETURN
10.93%
INVESTMENT TERM
4 years
INVESTMENT TYPE
Crowdfunding
PROPERTY TYPE
Single Family Home
TARGET
$184,800

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Description

This Single Family, built in 1923, presents a fantastic investment opportunity. It features a spacious living area with 3 bedrooms, 1 bathroom, a kitchen, a living room, and a dining room.


About the area

Jefferson

Jefferson, located on Cleveland's southwest side, is a historic neighborhood known for its cultural diversity and strong sense of community. The neighborhood offers a blend of suburban tranquility and urban convenience, featuring tree-lined streets and accessible public transportation. Jefferson's economy benefits from Cleveland's robust sectors, including healthcare, manufacturing, and finance, providing residents with ample employment opportunities. The neighborhood's strategic location ensures easy access to major highways and public transit, making it a desirable place to live for those seeking a balance between small-community charm and metropolitan amenities.

Cleveland

Cleveland, situated on the southern shore of Lake Erie, is a dynamic city that blends its rich industrial history with a vibrant cultural scene and modern economic growth. Known for iconic attractions such as the Rock and Roll Hall of Fame and the Cleveland Museum of Art, the city offers a unique blend of entertainment, history, and community spirit.

Cleveland is a prominent economic hub in the Midwest, with key industries including healthcare, advanced manufacturing, technology, and financial services. The city is home to major institutions like the Cleveland Clinic, consistently ranked among the top hospitals in the world, and is a growing center for biomedical innovation. Its strategic location with access to major highways, rail networks, and the Port of Cleveland supports commerce and connectivity.

The real estate market in Cleveland is experiencing steady growth. The median home value is expected to rise by 4.2% by the end of this year, reflecting increasing demand. Rent prices have grown by 4.8% year-over-year, with an influx of young professionals and families drawn to the city’s affordability and quality of life. Property inventory has declined by 12.5% over the past year, emphasizing the strong interest in Cleveland's housing market.

With its strong economic base, cultural richness, and affordable living options, Cleveland continues to attract residents and investors alike.

Selling points

Strong Market Fundamentals

Our experienced and professional real estate team review each and every Bricksave deal utilising our AI driven, Algorithmic real estate sourcing programme.

Solid Tenancy

The property is currently vacant and the area enjoys strong rental demand from families and professionals. It is expected a new tenant will provide a long-term lease agreement. 

Good Condition

This property has undergone a detailed inspection and only minor decorative repairs are required in order to achieve the target rent and maximise the returns. 


Investment Timeline
  • Funding started
    21st Feb. 2025
  • Funding complete
    11th March 2025
  • Rental starts
    11th May 2025
  • Returns start
    1st June 2025
  • Year 1 returns
    1st June 2026
  • Year 2 returns
    1st June 2027
  • Year 3 returns
    1st June 2028
  • Year 4 returns
    1st June 2029
  • Property sold


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