








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


Rental property for sale in Lima at 1012 Sherman Ave, Lima, OH, 45801 priced at $182,000 pairs $1,444/mo rent with $247/mo cash flow after a $891/mo payment. Total monthly income equals $1,444/mo, and annual cash flow comes to $2,960/yr on $60,333 invested. Return on cash invested is 24.81% in year one, and rental yield stands at 9.52% on a $182,000 basis. Equity gained on principal adds $1,174/yr, and 5% annual appreciation accumulates to $50,283 by year five. Five-year ROI measures 129.69% and total cumulative return in cash reaches $78,249. For financing, Ziffy Mortgage’s DSCR program evaluates $1,444/mo property income against a $891/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45801, Lima, OH area.
| 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 |
Residential
9,139
Single Family
8,199
Multi-Family
940
Businesses
748
Date | Event | Price |
|---|---|---|
| 2025-09-15 | Sold | $182,000 |
| 2025-07-28 | Pending sale | $180,000 |
| 2025-07-01 | Price change | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kloie Rogers • Schrader Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306836
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.