




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 1703 W Wayne St, Lima, OH, 45805 listed at $128,800 pairs $991/mo rent with a $630/mo payment to leave $144/mo cash flow. Total monthly income runs $991/mo, and annual cash flow reaches $1,730/yr on $42,697 cash to close. Return on cash invested measures 23.96% in year one, and rental yield registers 9.23% at a $128,800 basis. Equity gained on principal adds $831/yr, and annual property appreciation at 5% supports $35,585 by year five. Five-year ROI tracks 125.2% and total cumulative return in cash totals $53,458. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $991/mo property income relative to a $630/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
4,356 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Chad Wright • Dye Real Estate & Land Company
Mls Name: WCAR OH
Mls ID: #308353