1401 Irvin RdLimaOH45807
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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
Investment Highlights
Investment property for sale in Lima at 1401 Irvin Rd, Lima, OH, 45807 earns $1,293/mo cash flow from $3,595/mo rent with a $1,713/mo payment. Total monthly income totals $3,595/mo, and annual cash flow totals $15,514/yr on $116,025 capital. ROI tracks 33.28% on current figures, and rental yield reads 12.33% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 175.05% and total cumulative return in cash sums $203,102. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,595/mo property income instead of your personal income.
Single Family
Built in 1985
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
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Listed by: Mark B Neff • New Albany Realty, LTD
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225022167
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.