








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 1129 W Bluelick Rd, Lima, OH, 45801 listed at $269,900 pairs $2,003/mo rent with a $1,321/mo payment to leave $228/mo cash flow. Total monthly income runs $2,003/mo, and annual cash flow reaches $2,732/yr on $89,472 cash to close. Return on cash invested measures 22.96% in year one, and rental yield registers 8.91% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 119.74% and total cumulative return in cash totals $107,130. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,003/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
1.05 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-08 | $3166.89 | -5.87% | $64,760 | -2.12% |
| 2022-06-08 | $3364.53 | -0.50% | $66,160 | N/A |
| 2021-06-08 | $3381.27 | 8.24% | $66,160 | 15.24% |



Listed by: Debbie Lane • Berkshire Hathaway Professional Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307285
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