Rental Property Investment Analysis
Investment metrics for 2494-2500 Thurman Ave, Cleveland, OH 44113
zillow
Quadruplex, Multi Family
📍 2494-2500 Thurman Ave, Cleveland, OH 44113
$1,875,000
🛏 11 bed
🚿 11 bath
100
/ 100
Deal Score
A
Excellent Investment Opportunity
Grade A · 100/100
Monthly Cash Flow
+$1,085,975
After all expenses
Cap Rate
701.25%
Strong yield
Monthly Rent
$1,218,750/mo
Estimated
Total Expenses
$132,775/mo
All-in monthly
Cash-on-Cash
3021.84%
Solid return
Annual Cash Flow
$13,031,704
Per year
Break-Even Analysis
Break-Even Rent
$132,775 / mo
Minimum monthly rent needed to cover all estimated expenses
Area Lifestyle & Investment Notes
- ▸High walkability near urban waterfronts attracts young professionals and renters seeking proximity to diverse cultural and entertainment districts.
- ▸Centralized highway access and proximity to the downtown employment hub bolster the long-term desirability for urban workforce tenants.
- ▸Historic housing stock combined with revitalized industrial architecture creates a distinct rental market appeal for transient and local residents.
Key Takeaway
Investor Summary
Under current assumptions, this property is an excellent rental investment (100/100). The 701.25% cap rate and strong positive monthly cash flow of +$1,085,975/mo support a strong case for acquisition.
Analysis Summary
This Quadruplex, Multi Family at 2494-2500 Thurman Ave, Cleveland, OH 44113 is listed at $1,875,000 with 11 bed / 11 bath.
The estimated monthly rent is $1,218,750, generating a strong positive monthly cash flow of +$1,085,975 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.
The cap rate is 701.25% and the cash-on-cash return is 3021.84%. This deal received a score of 100/100 (Grade A: Excellent Investment Opportunity).
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