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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1521 Oakland Pkwy, Lima, OH, 45805 generates $1,946/mo in rent and, after a $1,121/mo payment, leaves $440/mo in cash flow. Total monthly income is $1,946/mo, and annual cash flow is $5,274/yr on $75,914 invested. Return on cash invested sits at 26.86% in year one, and rental yield is 10.2% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 140.65% and total cumulative return in cash sums $106,769. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,946/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
N/A 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 |
|---|---|---|
| 2024-10-18 | Sold | $125,000 |
| 2024-10-01 | Pending sale | $125,000 |
| 2024-09-28 | Listed for sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-28 | $1596.80 | 12.51% | $44,670 | 29.97% |
| 2023-08-28 | $1419.26 | -0.57% | $34,370 | N/A |
| 2022-08-28 | $1427.38 | -5.60% | $34,370 | N/A |
Listed by: Dawn Iiames • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #308084
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.
