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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 171 S Copus Rd, Lima, OH, 45807 priced at $199,900 pairs $1,522/mo rent with $208/mo cash flow after a $978/mo payment. Total monthly income equals $1,522/mo, and annual cash flow comes to $2,490/yr on $66,267 invested. Return on cash invested is 23.67% in year one, and rental yield stands at 9.14% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 123.52% and total cumulative return in cash reaches $81,853. For financing, Ziffy Mortgage’s DSCR program evaluates $1,522/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1919
0.35 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 |
|---|---|---|
| 2025-04-08 | Price change | $199,900 |
| 2021-12-16 | Pending sale | $169,900 |
| 2021-12-15 | Sold | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-09 | $1646.34 | 3.33% | $23,700 | N/A |
| 2022-04-09 | $1593.25 | 24.34% | $23,700 | N/A |
| 2021-04-09 | $1281.37 | -25.03% | $23,700 | 23.12% |
Listed by: Brittany Knippen • Key Realty
Mls Name: NORIS
Mls ID: #6128149
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. 2025 NORIS. All rights reserved.
