Under $300K 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?
Discover investment opportunities in Lima, OH under $300K, where affordable entry points meet steady rental demand. Properties in this price range offer attractive cap rates around 8-10% and average rents of $900/month. With a renter-occupied rate near 40%, cash flow potential remains strong for single-family homes. Annual appreciation hovers at 3-4%, supported by stable local employment. Low acquisition costs make Lima ideal for value-add strategies and long-term holds.
9.5%
Avg. ROI
8.2%
Rental Yield
9.1%
Cap Rate
$450/mo
Avg. Cash Flow
$925/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Investors can expect average ROI around 9-10% with cap rates of 9% on single-family homes. Rental yields average 8%, supported by $900 monthly rents. Cash flow typically nets $400-500 after expenses.
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