Real Estate Investing in Parma, Michigan (49269)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 49269 (Parma, MI)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.0% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Parma, MI (49269)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 49269 Parma
ZIP 49269 in Parma, MI carries a solid set of headwinds. Home values near $264K and rents of $1,017/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 49269 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 49269 sits on the difficult end of the MI spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 49269 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 49269 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Parma:
Property Strategy for 49269
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $264,931 | $1,490 | 4.0% | +7.3% | $88,310 |
| 4BR | $296,021 | $1,580 | 3.8% | +7.0% | $74,005 |
Market Trends
Home Value History (with trend line)
📊 How Does 49269 Compare?
| Metric | 49269 | Parma | Jackson, MI | Michigan |
|---|---|---|---|---|
| Home Value | $264,360 | $264,360 | N/A | $253,279 |
| 5-Year CAGR | 4.3% | 4.3% | N/A | 6.8% |
| Avg Rent | $1,017 | $1,017 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 49269 (Parma, MI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $264,360 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 21.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +4.3% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 49269
Population: 5,874
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 49269
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 661 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical rental rate in Parma, MI?
The typical rental in Parma, MI commands about $1,017/mo monthly. That rent profile measured cash flow against the $264K purchase basis.
Is it easy to find good tenants in Parma, MI?
The renter base in Parma, MI is reasonable for the $1,017/mo price point. Screening well and pricing to market typically yields predictable tenants.
How strict are landlord regulations in Parma, MI?
Parma, MI operates under MI law, which is landlord-friendly overall for landlords. Expect consistent treatment in typical lease and eviction cases.
How does Parma, MI stack up for property investment?
Parma, MI clocks in at an investability rating of 3.0/5, with median home values near $264K and average rents around $1,017/mo. That combination puts it in the substantial tier for investor interest.
What price range are homes in Parma, MI?
The median home value in Parma, MI is roughly $264K. That puts it reasonable relative to the MI statewide average.
You know 49269 now. You don’t know where it ranks.
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How 49269 ranks in Jackson, MI
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