








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Parma at 5711 W 54th St, Parma, OH, 44129 earns $304/mo cash flow from $1,751/mo rent with a $1,077/mo payment. Total monthly income totals $1,751/mo, and annual cash flow totals $3,644/yr on $72,930 capital. ROI tracks 24.91% on current figures, and rental yield reads 9.55% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 130.15% and total cumulative return in cash sums $94,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,751/mo property income instead of your personal income.
Single Family
Built in 1950
5,719 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44129, Cleveland, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,757 (100%) |
| Owner Occupied HU | 8,374 (65.6%) |
| Renter Occupied HU | 3,570 (28.0%) |
| Vacant Housing Units | 813 ( 6.4%) |
| Median Home Value | $167,812 |
| Average Home Value | $206,631 |
Residential
12,631
Single Family
10,499
Multi-Family
2,132
Businesses
743
Date | Event | Price |
|---|---|---|
| 2025-06-25 | Listed for sale | $220,000 |
| 2017-11-09 | Sold | $56,000 |
| 2017-07-28 | Sold | $63,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-26 | $2734.06 | 0.65% | $42,810 | N/A |
| 2022-06-26 | $2716.44 | -3.24% | $42,810 | N/A |
| 2021-06-26 | $2807.30 | 15.83% | $42,810 | 30.12% |



Listed by: Kelly Matteson • Progressive Urban Real Estate Co
Mls Name: MLS Now
Mls Provider:
Mls ID: #5134389
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