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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% |
Rental property for sale in Lima at 1393 N Stevick Rd, Lima, OH, 45807 generates $1,153/mo in rent and, after a $743/mo payment, leaves $154/mo in cash flow. Total monthly income is $1,153/mo, and annual cash flow is $1,852/yr on $50,355 invested. Return on cash invested sits at 23.59% in year one, and rental yield is 9.11% on a $151,900 entry. Equity gained on principal adds $980/yr, while 5% annual appreciation builds toward $41,967 over five years. Five-year ROI reaches 123.12% and total cumulative return in cash sums $61,994. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,153/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,914 (100%) |
| Owner Occupied HU | 3,797 (77.3%) |
| Renter Occupied HU | 852 (17.3%) |
| Vacant Housing Units | 265 ( 5.4%) |
| Median Home Value | $237,870 |
| Average Home Value | $253,151 |
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mark Brookhart • Berkshire Hathaway Professional Realty
Mls Name: WCAR OH
Mls ID: #308447
