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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Parma, OH
Listed for sale 1 day ago
$ 285,000
ROI
29.4
Cash Flow/m
765- 3 Bed
- 2 Bath
- 1620 sft
2909 Bowmen Ln, Parma, OH, 44134
Listed for sale 1 day ago
$ 224,900
ROI
21.3Cash Flow/m
99- 3 Bed
- 2 Bath
- 1506 sft
2718 Klusner Ave, Parma, OH, 44134
Listed for sale 1 day ago
$ 249,900
ROI
20.1Cash Flow/m
24- 5 Bed
- 3 Bath
- 1998 sft
5507 Hollywood Dr, Parma, OH, 44129
Listed for sale 1 day ago
$ 225,000
ROI
20.2Cash Flow/m
26- 3 Bed
- 1 Bath
- - sft
2303 Tuxedo Ave, Parma, OH, 44134
Why Invest in Parma, Ohio?
Parma, Ohio offers strong opportunities for single-family home investments with steady appreciation and reliable rental demand. Affordable entry prices around $200K combined with 6%+ annual value growth make it attractive for cash flow-focused investors. Proximity to Cleveland supports stable tenant pools from local workers. Cap rates hover around 7-8% while rental yields exceed 6%. Low vacancy and quick lease-ups enhance long-term returns.
8.5%
Avg. ROI
6.8%
Rental Yield
7.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1377/mo
Avg. Rent
6.4%
1Y Appreciation
Frequently Asked Questions
Parma's single-family homes offer 6-7% rental yields and steady 6% appreciation due to affordable pricing under $210K. Strong local employment supports low vacancy rates. Proximity to Cleveland ensures tenant demand.
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