Multi-Family Investment Properties in Parma, OH | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Parma, OH

Property at 6206 Bradley Ave, Parma, OH
Currently Rented
Rental Income
$ 199,000
ROI
35.0ROI percentage
Cash Flow/m
Dollar sign845
  • 3 Bed
  • 2 Bath
  • 1533 sft
6206 Bradley Ave, Parma, OH, 44129
Property at 4419 Lincoln Ave, Parma, OH
$ 224,900
ROI
34.5ROI percentage
Cash Flow/m
Dollar sign921
  • 5 Bed
  • 2 Bath
  • - sft
4419 Lincoln Ave, Parma, OH, 44134
Property at 6800 Wilber Ave, Parma, OH
$ 274,900
ROI
29.1ROI percentage
Cash Flow/m
Dollar sign712
  • 4 Bed
  • 2 Bath
  • 1766 sft
6800 Wilber Ave, Parma, OH, 44129
Property at 4101 Pershing Ave, Parma, OH
Rental Income
$ 295,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign460
  • 6 Bed
  • 2 Bath
  • 2240 sft
4101 Pershing Ave, Parma, OH, 44134

Why Invest in Parma, Ohio?

Multi-family properties in Parma, OH offer strong investment potential with stable rental demand from working families. Average rents around $1,400 support solid cash flows in this affordable Cleveland suburb. Cap rates hover near 7-8% while home values appreciate 6% annually. Renter occupancy exceeds 40%, bolstered by proximity to manufacturing jobs. Low vacancy and steady appreciation make multi-family a reliable choice here.

9.2%
Avg. ROI
7.1%
Rental Yield
7.5%
Cap Rate
$18500/mo
Avg. Cash Flow
$1377/mo
Avg. Rent
6.4%
1Y Appreciation

Frequently Asked Questions

Parma offers affordable entry with strong renter demand from local manufacturing jobs. Average rents of $1,377 yield solid 7% returns. Stable appreciation around 6% adds long-term value.

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