1459 W Market St, Lima, OH, 45805 | $98/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1459 W Market St, Lima, OH, 45805 | $98/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 1459 W Market St, Lima, OH, 45805 uses $140,888 cash to close to unlock $1,171/yr annual cash flow and $98/mo monthly cash flow. Total monthly income runs $2,893/mo, and a $2,080/mo payment keeps the spread at $98/mo. Purchase price stands at $425,000, and rental yield measures 8.17% with $2,893/mo rent. Return on cash invested shows 20.74% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 107.82% and total cumulative return in cash records $151,901. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,893/mo property income covering a $2,080/mo payment rather than investor’s personal income.

Single Family

Built in 1921

0.41 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this nurtured and loved property and all of its creative-decorative appeal! Nestled in Lima's Historic Boulevard area near the New Central District, hospitals, schools, and walking distance from many other convenient places in Lima! This homes best features are 4 bedrooms, 3.5 baths, 3 car garage spaces, house generator, electrical upgrades, tasteful decor, large kitchen, spacious rooms overflowing with natural light, screened in porch, newer patio, above ground pool with deck, private picket fenced backyard, partially finished basement for play area, walk up attic, 3 fireplaces, newer hardwood first floor, custom shower, and decor and finishes that are to dream off! Please see the attached tour of this classic or see yourself in person by scheduling by appointment! Home Coming Soon! Home will be ready to start showings 10/24/25 12pm EST

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