Parma, OH — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

5.3%

Below average

Monthly Cash Flow

-$184

After all expenses

Price-to-Rent

11.7

Investor-friendly

DSCR

0.84

Fails

📊 Key Metrics

Median Home Price
$209,798
Average Rent (3BR)
$1,500/mo
Price-to-Rent Ratio
11.7(good)
1% Rule
0.72%(fails — need 1%+)
Cash-on-Cash Return
-4.6%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Parma for Investors

44134
Cap Rate: 5.7%Cash Flow: -$121/mo$210,192
44129
Cap Rate: 5.0%Cash Flow: -$247/mo$209,404

All Zip Codes in Parma

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
441345.7%-$121$210,192$1,580/mo0.89
441295.0%-$247$209,404$1,420/mo0.78