1460 Loch Loman WayLimaOH45805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Lima at 1460 Loch Loman Way, Lima, OH, 45805 offers $1,969/mo rent that, after a $1,415/mo payment, leaves $68/mo cash flow. Total monthly income is $1,969/mo, and annual cash flow is $810/yr on $95,804 cash. Return on cash invested measures 20.75% in year one, and rental yield stands at 8.18% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Five-year ROI records 107.9% and total cumulative return in cash reaches $103,370. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,969/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,159
Single Family
9,437
Multi-Family
722
Businesses
680
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Devin Muniz • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306837
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.