1679 E Bluelick Rd, Lima, OH, 45801 | $186/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1679 E Bluelick Rd, Lima, OH, 45801 | $186/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Currently Rented+ 2 more

6 Bed
2 Bath
- sft

328 3281/2 S Metcalf St, Lima, OH, 45801

3 Bed
2 Bath
1068 sft

415 N Nixon Ave, Lima, OH, 45805

3 Bed
1 Bath
984 sft

2304 Chipman Ave, Lima, OH, 45805

3 Bed
2 Bath
1668 sft

1753 Leland Ave, Lima, OH, 45805

Nearby investment properties with comparable prices

3 Bed
2 Bath
1668 sft

1753 Leland Ave, Lima, OH, 45805

3 Bed
1 Bath
1200 sft

207 Longview Ct, Saint Marys, OH, 45885

4 Bed
2 Bath
2011 sft

923 Richie Ave, Lima, OH, 45805

3 Bed
2 Bath
1818 sft

2956 W High St, Lima, OH, 45807

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lima at 1679 E Bluelick Rd, Lima, OH, 45801 uses $56,322 cash to close to unlock $2,232/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $1,304/mo, and a $832/mo payment keeps the spread at $186/mo. Purchase price stands at $169,900, and rental yield measures 9.21% with $1,304/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 124.6% and total cumulative return in cash records $70,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,304/mo property income covering a $832/mo payment rather than investor’s personal income.

Single Family

Built in 1986

0.53 Acres lot

$N/A/sqft

No HOA

More details about the property

Set on over half an acre in a quiet rural district, this inviting property offers the perfect blend of country living and convenience within the desirable Bath School District. The home abuts wooded land, providing a peaceful backdrop of mature trees and privacy while still being just minutes from shopping, dining, and town amenities. The residence is a well-kept manufactured home featuring a comfortable layout and warm, welcoming living spaces anchored by a wood-burning fireplace. The home is heated with propane, includes an owned water softener, and offers a practical floor plan ready for your personal touch. While cosmetic updates are needed, key improvements have already been completed since 2017, including a renovated primary bedroom bathroom, laminate flooring, updated HVAC system, and septic system upgradesgiving new owners peace of mind and a strong foundation to build upon. Step outside to enjoy the wood deck, perfect for relaxing mornings or evenings surrounded by nature. The property also includes an oversized two-car garage, providing ample space for vehicles, storage, or a workshop. With its combination of open space, natural surroundings, and essential updates, 1679 E. Bluelick Road delivers a unique opportunity for those seeking a peaceful rural setting with modern comfort and potential. Whether you're a first-time homebuyer, downsizing, or looking for room to spread out, this property offers lasting value in one of Lima's most desirable areas.

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