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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Parma, OH
Listed for sale 3 days ago
$ 369,000
ROI
20.7
Cash Flow/m
93- 4 Bed
- 2 Bath
- 2666 sft
7877 Wainstead Dr, Parma, OH, 44129
Listed for sale 3 days ago
$ 200,000
ROI
20.8Cash Flow/m
59- 3 Bed
- 2 Bath
- 1326 sft
5618 Sunderland Dr, Parma, OH, 44129
Listed for sale 4 days ago
$ 225,000
ROI
21.3Cash Flow/m
95- 3 Bed
- 2 Bath
- 2240 sft
3308 Somia Dr, Parma, OH, 44134
Listed for sale 4 days ago
$ 299,900
ROI
24.9Cash Flow/m
427- 4 Bed
- 2 Bath
- 2450 sft
6020 S Park Blvd, Parma, OH, 44134
Why Invest in Parma, Ohio?
Parma, Ohio offers stable real estate investment opportunities with consistent home value appreciation around 6% annually. Rental demand remains strong due to proximity to Cleveland and family-friendly suburbs. Investors benefit from affordable entry prices near $205,000 and reliable cash flow potential. Cap rates hover around 7-8% with low vacancy risks in this established market. Long-term tenants seek stability, supporting steady rental yields above 7%.
8.5%
Avg. ROI
7.2%
Rental Yield
7.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1377/mo
Avg. Rent
6.4%
1Y Appreciation
Frequently Asked Questions
The average home value in Parma is around $206,811, up 6.4% from last year. Median sale prices reached $213,000 in late 2025. This affordability attracts investors seeking value appreciation.
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