1340 Wonderlick Rd, Lima, OH, 45805 | $807/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1340 Wonderlick Rd, Lima, OH, 45805 | $807/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lima at 1340 Wonderlick Rd, Lima, OH, 45805 offers a 11.78% rental yield on a $248,900 purchase with $2,444/mo rent. Total monthly income registers $2,444/mo, and a $1,218/mo payment leaves $807/mo available for distribution. Annual cash flow reaches $9,684/yr on $82,510 to close, and return on cash invested stands at 31.65% in year one. Equity gained on principal adds $1,606/yr while 5% annual appreciation supports $68,766 over five years. Portfolio math shows five-year ROI at 166.37% and total cumulative return in cash at $137,269. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,444/mo property income against a $1,218/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1977

0.36 Acres lot

$N/A/sqft

No HOA

More details about the property

Located in the highly sought-after Shawnee School District, this beautifully maintained 4-bedroom, 2-bath ranch offers both comfort and style. The open dining and living area features a cozy stone fireplace with insert, perfect for gatherings. The updated kitchen boasts quartz countertops and modern finishes, with many renovations completed in 2021, including new windows, laminate flooring, bathroom updates, and fresh carpet in the bedrooms. Relax in the spacious primary suite with a Jacuzzi tub, or enjoy the outdoors on the covered patio and deck overlooking the backyard fire ring. Additional highlights include central air and furnace, a two-car garage with recent spring replacements, and plenty of storage space. Convenient, move-in ready, and minutes from local amenities this home blends charm with modern updates.

Neighborhood Data

Neighborhood data shown for ZIP Code: 45805, Lima, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,750 (100%)
Owner Occupied HU	6,258 (58.2%)
Renter Occupied HU	3,628 (33.7%)
Vacant Housing Units	864 ( 8.0%)
Median Home Value	$189,364
Average Home Value	$209,071