








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Lima at 1000 W Elm St, Lima, OH, 45805 offers a 9.08% rental yield on a $130,000 purchase with $984/mo rent. Total monthly income registers $984/mo, and a $636/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,550/yr on $43,095 to close, and return on cash invested stands at 23.51% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 122.72% and total cumulative return in cash at $52,887. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $984/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45805, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,750 (100%) |
| Owner Occupied HU | 6,258 (58.2%) |
| Renter Occupied HU | 3,628 (33.7%) |
| Vacant Housing Units | 864 ( 8.0%) |
| Median Home Value | $189,364 |
| Average Home Value | $209,071 |
Residential
10,159
Single Family
9,437
Multi-Family
722
Businesses
680
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Tricia Ciminillo • Berkshire Hathaway Professional Realty
Mls Name: WCAR OH
Mls ID: #309025