0 Brower RdLimaOH45801
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lima at 0 Brower Rd, Lima, OH, 45801 priced at $149,000 converts $1,562/mo rent into $582/mo cash flow after a $729/mo obligation. Total monthly income equals $1,562/mo, and annual cash flow totals $6,986/yr on $49,394 invested. Return on cash invested prints 34.05% in year one, and rental yield reads 12.58% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 179.28% and total cumulative return in cash sums $88,552. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,562/mo property income covering a $729/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
12.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45801, Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,724 (100%) |
| Owner Occupied HU | 5,120 (52.7%) |
| Renter Occupied HU | 3,695 (38.0%) |
| Vacant Housing Units | 909 ( 9.3%) |
| Median Home Value | $133,198 |
| Average Home Value | $167,986 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,199
Multi-Family
940
Businesses
748
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Nearby investment properties with comparable prices
Listed by: Joseph Guagenti • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305859
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.