




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 1461 Loch Loman Way, Lima, OH, 45805 generates $2,696/mo in rent and, after a $1,566/mo payment, leaves $591/mo in cash flow. Total monthly income is $2,696/mo, and annual cash flow is $7,096/yr on $106,080 invested. Return on cash invested sits at 26.6% in year one, and rental yield is 10.11% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 139.24% and total cumulative return in cash sums $147,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,696/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45805, Lima, OH area.
| 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 |
Residential
10,159
Single Family
9,437
Multi-Family
722
Businesses
680
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Sold | $320,000 |
| 2025-05-27 | Pending sale | $320,000 |
| 2025-05-20 | Price change | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $4458.72 | 15.58% | $91,460 | 31.03% |
| 2023-10-14 | $3857.76 | -0.75% | $69,800 | N/A |
| 2022-10-14 | $3886.88 | -0.46% | $69,800 | N/A |



Listed by: Jamie Hollar • Cowan, Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306953
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.