South broadway, Cleveland, 44105 Review

[Jay S.]

Hi,
Planning to buy a property in South broadway neighborhood of Cleveland, Ohio, zip code 44105.
Ultimate guide has this zip code in C and F neighborhood.

However below says its C class neighborhood: Would like to what class the property is really in and if it's worth buying there? Thank you.

[Robert Matelski]

Originally posted by @Jay S.:

Hi,
Planning to buy a property in South broadway neighborhood of Cleveland, Ohio, zip code 44105.
Ultimate guide has this zip code in C and F neighborhood.

However below says its C class neighborhood: Would like to what class the property is really in and if it's worth buying there? Thank you.

It does vary quite a bit from street to street, but no matter how you slice it, it's a gamble in that area. If you are totally new to investing in the Cleveland market (which I suspect you very much are), stick to better areas for your first investment. Good places for your first investment property as a newbie out of towner include suburbs like Euclid, Parma, Garfield Heights, Cleveland Heights, Maple Heights, and Bedford, or possibly certain parts of better neighborhoods in Cleveland proper (Old Brooklyn, and the eastern-most part of North Collinwood). Buying some property in South Broadway/Slavic Village just because the entry price point is low and the price to rent ratio looks tempting will ultimately likely cause you to either lose money, lose sleep, or both.