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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
$ 259,000
ROI
29.4
Cash Flow/m
696- 4 Bed
- 2 Bath
- 1200 sft
2506 Torrington Ave, Parma, OH, 44134
Listed for sale today
$ 259,999
ROI
26.0Cash Flow/m
450- 3 Bed
- 2 Bath
- 2352 sft
7295 Oakwood Rd, Parma, OH, 44130
Listed for sale 1 day ago
$ 300,000
ROI
26.3Cash Flow/m
547- 4 Bed
- 3 Bath
- 2144 sft
7100 Trevor Ln, Parma, OH, 44129
Listed for sale 1 day ago
$ 199,990
ROI
23.9Cash Flow/m
233- 3 Bed
- 2 Bath
- 1318 sft
4413 Torrington Ave, 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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