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 7877 Wainstead Dr, Parma, OH
Listed for sale 3 days ago
$ 369,000
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign93
  • 4 Bed
  • 2 Bath
  • 2666 sft
7877 Wainstead Dr, Parma, OH, 44129
Property at 3200 Snow Rd, Parma, OH
Rental Income
$ 329,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign236
  • 6 Bed
  • 2 Bath
  • 2494 sft
3200 Snow Rd, Parma, OH, 44134
Property at 3113 Snow Rd, Parma, OH
Currently Rented
Rental Income
$ 325,000
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign262
  • 4 Bed
  • 2 Bath
  • 3078 sft
3113 Snow Rd, Parma, OH, 44134
Property at 2433 Tuxedo Ave, Parma, OH
Currently Rented
Rental Income
$ 224,921
ROI
27.6ROI percentage
Cash Flow/m
Dollar sign491
  • 3 Bed
  • 2 Bath
  • - sft
2433 Tuxedo 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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