








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 102 Watt Ave, Lima, OH, 45801 at $129,500 posts ROI 23.91% with $143/mo cash flow from $995/mo rent. Total monthly income equals $995/mo, and annual cash flow records $1,716/yr on $42,929 to close. Return on cash invested measures 23.91% and rental yield reads 9.22% at the current $129,500. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 by year five. Five-year ROI prints 124.93% and total cumulative return in cash totals $53,630.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $995/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
8,712 sqft 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 |
|---|---|---|
| 2025-01-07 | Price change | $129,500 |
| 2024-12-07 | Listed for sale | $132,500 |
| 2023-05-24 | Sold | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $1291.40 | 14.31% | $24,190 | N/A |
| 2022-02-15 | $1129.71 | -0.57% | $24,190 | N/A |
| 2021-02-15 | $1136.13 | -1.67% | $24,190 | 5.36% |



Listed by: Michael Mundey • EXP Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224042564
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.