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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Parma, OH
Listed for sale today
$ 204,900
ROI
25.7
Cash Flow/m
339- 2 Bed
- 3 Bath
- 1494 sft
7704 Dartworth Dr, Parma, OH, 44129
Listed for sale today
$ 339,999
ROI
26.2Cash Flow/m
611- 3 Bed
- 2 Bath
- 1603 sft
7589 Deer Run Trl, Parma, OH, 44130
Listed for sale today
$ 200,000
ROI
21.1Cash Flow/m
76- 3 Bed
- 1 Bath
- 1106 sft
3014 Center Dr, Parma, OH, 44134
Listed for sale 1 day ago
$ 314,900
ROI
26.3Cash Flow/m
569- 3 Bed
- 3 Bath
- 2142 sft
2745 Brian Dr, Parma, OH, 44134
Why Invest in Parma, Ohio?
Discover Parma, OH properties under $500k offering strong value for savvy investors. This Cleveland suburb delivers affordable entry points with stable rental demand from families. Recent data shows median home values around $210k with 3-6% annual appreciation[2][3]. Renter-occupied rates exceed 35%, supporting consistent cash flow[1]. Cap rates hover at 7-8% while proximity to Cleveland jobs enhances long-term ROI.
8.5%
Avg. ROI
7.2%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Expect 7-9% cap rates with $400-600 monthly cash flow on single-family homes. Rental yields average 7% supported by 37% renter occupancy. Appreciation has averaged 4% annually per recent market data.
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