11541 South AveNorth LimaOH44452
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in North Lima at 11541 South Ave, North Lima, OH, 44452 uses $51,383 cash to close to unlock $7,669/yr annual cash flow and $639/mo monthly cash flow. Total monthly income runs $1,659/mo, and a $759/mo payment keeps the spread at $639/mo. Purchase price stands at $155,000, and rental yield measures 12.84% with $1,659/mo rent. Return on cash invested shows 34.83% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 183.48% and total cumulative return in cash records $94,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,659/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,971 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44452, North Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 862 (73.6%) |
| Renter Occupied HU | 224 (19.1%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $296,104 |
| Average Home Value | $299,762 |
Housing Distribution
Address Breakdown
Residential
1,178
Single Family
1,129
Multi-Family
49
Businesses
223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan M Morgione • Howard Hanna
Mls Name: MLS Now
Mls ID: #5173360