








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 1030 Leland Ave, Lima, OH, 45805 listed at $199,900 pairs $1,928/mo rent with a $978/mo payment to leave $614/mo cash flow. Total monthly income runs $1,928/mo, and annual cash flow reaches $7,362/yr on $66,267 cash to close. Return on cash invested measures 31.02% in year one, and rental yield registers 11.57% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 162.94% and total cumulative return in cash totals $107,977. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,928/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1912
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 |
|---|---|---|
| 2025-06-29 | Listed for sale | $199,900 |
| 2022-05-10 | Sold | $1,200 |
| 2022-02-18 | Sold | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $71.00 | -0.67% | $70 | N/A |
| 2023-07-01 | $71.48 | -96.25% | $70 | -99.85% |
| 2022-07-01 | $1908.34 | 228.36% | $45,790 | 335.68% |



Listed by: Mary Rex-Maley • Rex Maley Real Estate Llc
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307530
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.