Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1529 N Wapak Rd, Lima, OH, 45807 generates $2,080/mo in rent, after a $1,806/mo payment. Total monthly income is $2,080/mo. Return on cash invested sits at 16.5% in year one, and rental yield is 6.76% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 85.09% and total cumulative return in cash sums $104,079. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,080/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,914 (100%) |
| Owner Occupied HU | 3,797 (77.3%) |
| Renter Occupied HU | 852 (17.3%) |
| Vacant Housing Units | 265 ( 5.4%) |
| Median Home Value | $237,870 |
| Average Home Value | $253,151 |
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
Date | Event | Price |
|---|---|---|
| 2025-05-31 | Listed for sale | $369,000 |
| 2018-10-31 | Sold | $22,000 |
| 2000-01-28 | Sold | $20,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-02 | $3466.00 | -1.99% | $71,260 | N/A |
| 2022-06-02 | $3536.38 | -0.50% | $71,260 | N/A |
| 2021-06-02 | $3554.28 | 20.93% | $71,260 | 28.60% |
Listed by: Richard Clark • Dick Clark Real Estate, LLC
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307237
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.
