1501 Lake Front BlvdNorth LimaOH44452
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 1501 Lake Front Blvd, North Lima, OH, 44452 in North Lima at $489,000. Rental yield 7.83%. The 7.83% yield and 1.45 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $135,102 by year five, and $4,504/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $184,539.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.2% |
| Monthly Cash Flow | $(177) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,190 |
| Total Monthly Debt Service | $3,022 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2019
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44452, North Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 862 (73.6%) |
| Renter Occupied HU | 224 (19.1%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $296,104 |
| Average Home Value | $299,762 |
Housing Distribution
Address Breakdown
Residential
1,178
Single Family
1,129
Multi-Family
49
Businesses
223
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
Single Family
Built in 2019
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44452, North Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 862 (73.6%) |
| Renter Occupied HU | 224 (19.1%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $296,104 |
| Average Home Value | $299,762 |
Housing Distribution
Address Breakdown
Residential
1,178
Single Family
1,129
Multi-Family
49
Businesses
223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A