








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 103 E Kiracofe Ave, Lima, OH, 45807 listed at $169,900 pairs $2,086/mo rent with a $832/mo payment to leave $968/mo cash flow. Total monthly income runs $2,086/mo, and annual cash flow reaches $11,616/yr on $56,322 cash to close. Return on cash invested measures 40.53% in year one, and rental yield registers 14.73% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 213.96% and total cumulative return in cash totals $120,506. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,086/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,914 (100%) |
| Owner Occupied HU | 3,797 (77.3%) |
| Renter Occupied HU | 852 (17.3%) |
| Vacant Housing Units | 265 ( 5.4%) |
| Median Home Value | $237,870 |
| Average Home Value | $253,151 |
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
Date | Event | Price |
|---|---|---|
| 2024-09-11 | Listed for sale | $169,900 |
| 2024-09-05 | Listing removed | $194,900 |
| 2024-03-17 | Listed for sale | $194,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1485.44 | -1.97% | $29,650 | N/A |
| 2022-10-16 | $1515.30 | -0.49% | $29,650 | N/A |
| 2021-10-16 | $1522.80 | 20.91% | $29,650 | 28.35% |



Listed by: Lindsay Miller • Oakridge Realty & Auction Co.
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305091
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.