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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Parma, MI
$ 274,900
ROI
21.8
Cash Flow/m
159- 3 Bed
- 2 Bath
- 1680 sft
2513 S Parma Rd, Parma, MI, 49269
$ 169,900
ROI
23.4Cash Flow/m
173- 2 Bed
- 1 Bath
- 1685 sft
308 James St, Parma, MI, 49269
Fix & Flip
$ 389,900
ROI
20.9Cash Flow/m
126- 4 Bed
- 2 Bath
- 1855 sft
12201 Dylan Ln, Parma, MI, 49269
$ 210,000
ROI
21.2Cash Flow/m
83- 4 Bed
- 2 Bath
- 2040 sft
201 E Grove St, Parma, MI, 49269
Why Invest in Parma, Michigan?
Investing in Parma, MI properties under $500K offers an affordable entry point into a market with solid rental yields and steady appreciation. The area boasts an average ROI of around 7%, with a cap rate near 6% and consistent rental demand reflected in an average rental yield of 5%. Cash flow remains positive, with many properties generating attractive monthly returns. Parma’s renter-occupied rate is healthy, ensuring stable tenant occupancy and income for investors.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Parma offers a range of single-family homes, small multifamily units, and condos within the under $500K price range, suitable for both first-time investors and those expanding their portfolios.
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