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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% |
Investment property for sale in Lima at 1548 N Cool Rd, Lima, OH, 45801 earns $95/mo cash flow from $1,607/mo rent with a $1,125/mo payment. Total monthly income totals $1,607/mo, and annual cash flow totals $1,140/yr on $76,212 capital. ROI tracks 21.4% on current figures, and rental yield reads 8.39% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 111.35% and total cumulative return in cash sums $84,863. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,607/mo property income instead of your personal income.
Single Family
Built in 1964
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45801, Lima, OH area.
| 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 |
Residential
9,139
Single Family
8,199
Multi-Family
940
Businesses
748
Date | Event | Price |
|---|---|---|
| 2024-07-26 | Price change | $229,900 |
| 2024-06-30 | Price change | $239,900 |
| 2024-06-10 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1613.98 | -0.78% | $42,950 | N/A |
| 2022-10-16 | $1626.74 | -0.02% | $42,950 | N/A |
| 2021-10-16 | $1627.02 | 7.92% | $42,950 | 10.72% |
Listed by: Tina Pearson • Choice Properties Real Estate, Inc.
Mls Name: WCAR OH
Mls Provider:
Mls ID: #304219
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.
