Single Family Investment Properties for Sale in Parma, OH
Listed for sale today
$ 299,777
ROI
21.9
Cash Flow/m
182- 3 Bed
- 2 Bath
- 1711 sft
7814 Bertha Ave, Parma, OH, 44129
Fix & Flip
Listed for sale 1 day ago
$ 130,000
ROI
23.9Cash Flow/m
149- 2 Bed
- 1 Bath
- 960 sft
3126 Parklane Dr, Parma, OH, 44134
Listed for sale 1 day ago
$ 165,000
ROI
23.5Cash Flow/m
170- 2 Bed
- 1 Bath
- 1215 sft
7119 Laverne Ave, Parma, OH, 44129
Listed for sale 1 day ago
$ 240,000
ROI
28.5Cash Flow/m
581- 3 Bed
- 1 Bath
- 1718 sft
11301 Riveredge Dr, Parma, OH, 44130
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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