High Rental Yield Investment Properties for Sale in Lima, OH
Listed for sale 1 day ago
$ 169,900
ROI
24.6
Cash Flow/m
228- 4 Bed
- 2 Bath
- 1640 sft
434 Prospect Ave, Lima, OH, 45804
Listed for sale 1 day ago
$ 144,000
ROI
23.1Cash Flow/m
133- 2 Bed
- 1 Bath
- 1154 sft
615 Ilata Ave, Lima, OH, 45805
Listed for sale 1 day ago
$ 275,000
ROI
27.5Cash Flow/m
591- 4 Bed
- 2 Bath
- 1664 sft
307 N Greenlawn Ave, Lima, OH, 45807
Listed for sale 4 days ago
$ 186,500
ROI
29.5Cash Flow/m
506- 3 Bed
- 1 Bath
- 1172 sft
207 Johns Ave, Lima, OH, 45807
Why Invest in Lima, Ohio?
Lima, OH offers **high rental yield** opportunities for investors seeking strong cash flow in the Midwest. Average rents around $1,300 support solid returns with home values near $183,000. Cap rates hover at 8-10% due to affordable entry prices and steady renter demand. Renter-occupied housing exceeds 40%, bolstered by local manufacturing jobs. Annual appreciation of 6-7% adds long-term value to high-yield strategies.
12.5%
Avg. ROI
9.2%
Rental Yield
8.7%
Cap Rate
$450/mo
Avg. Cash Flow
$1300/mo
Avg. Rent
6.7%
1Y Appreciation
Frequently Asked Questions
High rental yields in Lima average 9.2%, driven by low home prices around $183,000 and rents of $1,300 monthly. This outperforms many Midwest markets for cash flow investors. Yields vary by property condition and management.
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