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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Lima, OH
Rental Income
Listed for sale today
$ 215,000
ROI
26.2
Cash Flow/m
386- 4 Bed
- 2 Bath
- 2176 sft
2113&2115 Kimberly Dr, Lima, OH, 45805
Listed for sale 1 day ago
$ 232,500
ROI
24.5Cash Flow/m
310- 3 Bed
- 2 Bath
- 1364 sft
221 Devonshire Dr, Lima, OH, 45804
Listed for sale 4 days ago
$ 149,000
ROI
31.0Cash Flow/m
468- 3 Bed
- 2 Bath
- 920 sft
760 W Oconnor Ave, Lima, OH, 45801
Listed for sale 4 days ago
$ 189,900
ROI
28.3Cash Flow/m
452- 3 Bed
- 1 Bath
- 1320 sft
1508 Oakland Pkwy, Lima, OH, 45805
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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