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

Multi Family Investment Properties for Sale in Lima, OH

Property at 616 N Elizabeth St, Lima, OH
Rental Income
$ 100,000
ROI
32.7ROI percentage
Cash Flow/m
Dollar sign361
  • 3 Bed
  • 2 Bath
  • 1826 sft
616 N Elizabeth St, Lima, OH, 45801
Property at 939 N West St, Lima, OH
Rental Income
$ 100,000
ROI
33.2ROI percentage
Cash Flow/m
Dollar sign373
  • 3 Bed
  • 2 Bath
  • 1684 sft
939 N West St, Lima, OH, 45801
Property at 806 Bellefontaine Ave, Lima, OH
$ 140,000
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign159
  • 2 Bed
  • 2 Bath
  • 1776 sft
806 Bellefontaine Ave, Lima, OH, 45804
Property at 521-523 W Wayne St, Lima, OH
$ 280,000
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign318
  • 8 Bed
  • 4 Bath
  • - sft
521-523 W Wayne St, Lima, OH, 45801

Why Invest in Lima, Ohio?

Multi-family properties in Lima, OH offer strong investment potential with affordable entry points and steady rental demand. Average rents support solid cash flows, bolstered by a renter-occupied rate around 40%. Cap rates hover near 8-10% due to low acquisition costs, while modest appreciation provides long-term upside. Economic stability from manufacturing anchors tenant reliability in this Midwest market. Investor focus on value-add opportunities can enhance returns amid improving Ohio housing momentum.

9.5%
Avg. ROI
8.2%
Rental Yield
9.1%
Cap Rate
$450/mo
Avg. Cash Flow
$825/mo
Avg. Rent
4.2%
1Y Appreciation

Frequently Asked Questions

Lima offers low entry costs around $140k median with high cap rates of 9%+. Steady manufacturing jobs ensure reliable tenants. Improving Ohio market trends boost long-term appreciation.

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