Under $500K 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?
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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