100369 . 8 Home SFR Investment Portfolio Cleveland OH, Cleveland, OH 44052

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100369 . 8 Home SFR Investment Portfolio Cleveland OH is located in Cleveland, OH.

Elyria is a city in the Greater Cleveland metropolitan statistical area located about 23 miles southwest of Cleveland. Elyria, being at such close proximity to Cleveland, is home to a large demographic spectrum of residents. According to NeighborhoodScout®, the city is composed of sales and office workers, service providers and professionals. A large number of residents also work in office and administrative support (13.72%), sales jobs (8.89%), and food service (7.09%). Additionally, US Steel and Republic Steel provide the workforce with many stable jobs to support middle-class lifestyles for households in the area.

Cleveland has been focused on revitalizing its downtown area since the 1990s, as over $3.5 billion has been invested in the redevelopment of the city. Forbes recently ranked Cleveland as one of the top 15 emerging downtown cities in the country. With a population of 385,809 people, Cleveland is the second-largest city in Ohio. Many commuters choose to leave their cars at home and instead utilize the cities community transportation to get to and from work. In fact, for many residents it is feasible to forgo car ownership entirely, avoiding the cost and headache of driving in heavy traffic. The benefits include reduced air pollution and load on the road network.

Single-family detached homes are the single most common housing type in Cleveland, accounting for 46.50% of the city's housing. People in Cleveland primarily live in small single-family detached homes. Cleveland’s population is made up of a majority of rental households, compared to owner-occupied households. The economy of Greater Cleveland, Ohio is diverse but is based mainly on Banking, Finance, Education, Insurance, Manufacturing, Medicine, Health, Sports, and Tech.

The Northeast Ohio region, over the years, has developed a rich economy unlike anywhere else. With 4 million residents and a $226 billion economy, the 18 County Cleveland region is recognized throughout the globe for its incredibly high-skilled workforce, low cost of business, and a corporate-friendly tax structure. The Cleveland region is also boastful of being the fourth-heaviest concentration of headquarters employment, 38 percent higher than the nation. Not only is there a lot of employment opportunities, the region homes a variety of economic sectors such as healthcare, science, engineering, biotechnology and biomedical. Northeast Ohio is also home to major FORTUNE 500 and FORTUNE 1000 companies in addition to significant overseas companies. Northwest Ohio is home to an incredible logistics infrastructure and an incredible way of life as it is the 12th largest region in the United States.