








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 1121 Bahama Dr, Lima, OH, 45801 with 5% annual appreciation on a $142,450 basis while $1,542/mo rent supports operations. Total monthly income totals $1,542/mo and a $697/mo payment preserves $605/mo for cash returns. Annual cash flow comes to $7,263/yr on $47,222 deployed, and return on cash invested reaches 35.29% in year one. Equity gained on principal adds $919/yr, and five-year appreciation sums $39,356 alongside rental yield of 12.99%. Five-year ROI measures 185.91% and total cumulative return in cash totals $87,792.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,542/mo property income versus a $697/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
6,534 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 |
|---|---|---|
| 2025-07-10 | Sold | $142,450 |
| 2025-06-04 | Pending sale | $144,900 |
| 2025-05-30 | Price change | $144,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1421.24 | 106.30% | $34,060 | 45.00% |
| 2023-10-25 | $688.93 | -3.33% | $23,490 | N/A |
| 2022-10-25 | $712.63 | -0.51% | $23,490 | N/A |



Listed by: Renee Smiley • Cowan, Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307057
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.