








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 1053 W Elm St, Lima, OH, 45805 earns $214/mo cash flow from $1,194/mo rent with a $729/mo payment. Total monthly income totals $1,194/mo, and annual cash flow totals $2,570/yr on $49,394 capital. ROI tracks 25.11% on current figures, and rental yield reads 9.62% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 131.35% and total cumulative return in cash sums $64,876. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,194/mo property income instead of your personal income.
Single Family
Built in 1917
6,534 sqft 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 |
|---|---|---|
| 2025-03-13 | Listed for sale | $149,000 |
| 2022-12-15 | Sold | $108,150 |
| 2022-11-07 | Pending sale | $104,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-14 | $966.68 | -3.46% | $23,110 | -0.56% |
| 2022-03-14 | $1001.30 | -5.71% | $23,240 | N/A |
| 2021-03-14 | $1061.94 | -2.32% | $23,240 | 9.93% |



Listed by: Sandy Kivimaki • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306485
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.