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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1115 Fett Ave, Lima, OH, 45801 earns $680/mo cash flow from $1,864/mo rent with a $881/mo payment. Total monthly income totals $1,864/mo, and annual cash flow totals $8,160/yr on $59,670 capital. ROI tracks 33.58% on current figures, and rental yield reads 12.43% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 176.68% and total cumulative return in cash sums $105,425. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,864/mo property income instead of your personal income.
Single Family
Built in 1959
0.45 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 |
|---|---|---|
| 2025-07-11 | Sold | $180,000 |
| 2025-06-05 | Pending sale | $165,000 |
| 2025-06-02 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $1531.10 | 1.86% | $45,050 | 5.06% |
| 2023-10-08 | $1503.08 | -2.23% | $42,880 | N/A |
| 2022-10-08 | $1537.44 | -0.57% | $42,880 | N/A |
Listed by: Angela Rasor • Serenity Realty LLC
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307235
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.
