Investment Properties for Sale in Lima, OH | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Lima, OH

Why Invest in Lima, Ohio?

Lima, Ohio offers compelling opportunities for real estate investors seeking affordable entry points and steady rental demand. With a median home value of $145,818 and homes under $200,000 selling fastest, the market attracts both owner-occupants and rental investors. The city's position as an emerging Midwest housing market benefits from improving affordability alignment with local incomes and expected mortgage rate declines in 2026. Strong demand for rental properties under $200,000 and average days on market around 50 days create efficient turnover for active investors.

4.2%
Avg. ROI
6.8%
Rental Yield
5.5%
Cap Rate
$520/mo
Avg. Cash Flow
$825/mo
Avg. Rent
5.1%
1Y Appreciation

Frequently Asked Questions

Lima offers exceptional affordability with median home values around $145,818 and strong rental demand for properties under $200,000. The market benefits from Ohio's emerging status as a national housing standout, with expected mortgage rate declines and improving inventory creating favorable conditions for both buy-and-hold and fix-and-flip strategies.

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