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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 1324 Glenn Ave, Lima, OH, 45804 offers a 20.91% rental yield on a $129,900 purchase with $2,263/mo rent. Total monthly income registers $2,263/mo, and a $636/mo payment leaves $1,408/mo available for distribution. Annual cash flow reaches $16,900/yr on $43,062 to close, and return on cash invested stands at 59.15% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 313.88% and total cumulative return in cash at $135,163. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,263/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45804, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,766 (100%) |
| Owner Occupied HU | 3,189 (47.1%) |
| Renter Occupied HU | 2,826 (41.8%) |
| Vacant Housing Units | 751 (11.1%) |
| Median Home Value | $92,500 |
| Average Home Value | $135,487 |
Residential
6,395
Single Family
5,752
Multi-Family
643
Businesses
577
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Sold | $129,900 |
| 2025-05-22 | Pending sale | $129,900 |
| 2025-05-22 | Contingent | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $1839.65 | 5.28% | $40,390 | 4.99% |
| 2023-11-03 | $1747.47 | 2.51% | $38,470 | N/A |
| 2022-11-03 | $1704.61 | 4.90% | $38,470 | N/A |
Listed by: Amanda Moening • Binkley Real Estate- Wapakoneta
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307115
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.
