1219 Virginia Ave, Lima, OH, 45801 | $392/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1219 Virginia Ave, Lima, OH, 45801 | $392/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1316 sft

1401 N Center St, Lima, OH, 45801

3 Bed
2 Bath
1408 sft

1012 Sherman Ave, Lima, OH, 45801

3 Bed
2 Bath
1408 sft

1004 Sherman Ave, Lima, OH, 45801

3 Bed
1 Bath
1248 sft

631 Hazel Ave, Lima, OH, 45801

Nearby investment properties with comparable prices

3 Bed
2 Bath
1651 sft

1559 W High St, Lima, OH, 45805

3 Bed
1 Bath
1113 sft

227 S Front St, Saint Marys, OH, 45885

2 Bed
2 Bath
1340 sft

1755 Shawnee Rd APT 207, Lima, OH, 45805

4 Bed
3 Bath
1874 sft

1541 Oakland Pkwy, Lima, OH, 45805

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lima at 1219 Virginia Ave, Lima, OH, 45801 uses $53,007 cash to close to unlock $4,702/yr annual cash flow and $392/mo monthly cash flow. Total monthly income runs $1,444/mo, and a $783/mo payment keeps the spread at $392/mo. Purchase price stands at $159,900, and rental yield measures 10.84% with $1,444/mo rent. Return on cash invested shows 28.78% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 150.94% and total cumulative return in cash records $80,010. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,444/mo property income covering a $783/mo payment rather than investor’s personal income.

Single Family

Built in 1956

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 1219 Virginia Avenue. This charming 1.5 story home has been completely remodeled from top to bottom and is truly move-in ready. Featuring 3 to 4 bedrooms and two potential living areas, this home offers flexibility and comfort for any lifestyle. Enjoy peace of mind with all new upgrades, including new roof, windows, siding, HVAC system, water heater, and updated electrical throughout. The beautifully redesigned kitchen boasts white shaker cabinetry, Carrera-look marble countertops, and a full appliance package, making it a dream for any home chef. The freshly updated bathroom and LV flooring throughout add style and continuity to every room. A full basement with laundry hook-up offers extra storage. Upstairs, a large dormer enhances the second floor with addition light and space. Step outside to enjoy a large open patio, deep backyard-perfect for summer gatherings-and a detached two-car garage with concrete driveway. Don't miss your chance to own this beautifully upgraded home in a great location. Schedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 45801, Lima, OH area.

Housing Distribution

Housing Statistics

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