151 Ridge Crest CirLimaOH45801
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
Investment property for sale in Lima at 151 Ridge Crest Cir, Lima, OH, 45801 at $279,000 posts ROI 31.68% with $907/mo cash flow from $2,743/mo rent. Total monthly income equals $2,743/mo, and annual cash flow records $10,888/yr on $92,489 to close. Return on cash invested measures 31.68% and rental yield reads 11.8% at the current $279,000. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 by year five. Five-year ROI prints 166.51% and total cumulative return in cash totals $154,003.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,743/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45801, Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,724 (100%) |
| Owner Occupied HU | 5,120 (52.7%) |
| Renter Occupied HU | 3,695 (38.0%) |
| Vacant Housing Units | 909 ( 9.3%) |
| Median Home Value | $133,198 |
| Average Home Value | $167,986 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,199
Multi-Family
940
Businesses
748
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Listed by: Scott Parsons • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306633
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.