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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 1753 Leland Ave, Lima, OH, 45805 listed at $169,900 pairs $1,301/mo rent with a $832/mo payment to leave $183/mo cash flow. Total monthly income runs $1,301/mo, and annual cash flow reaches $2,196/yr on $56,322 cash to close. Return on cash invested measures 23.81% in year one, and rental yield registers 9.19% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 124.26% and total cumulative return in cash totals $69,986. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,301/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.28 Acres 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 |
|---|---|---|
| 1999-01-29 | Sold | $60,000 |
| 1995-12-04 | Sold | $56,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-07 | $1229.04 | 28.45% | $43,650 | 37.96% |
| 2023-09-07 | $956.82 | -2.15% | $31,640 | N/A |
| 2022-09-07 | $977.80 | -5.38% | $31,640 | N/A |
Listed by: Tim Stanford • Superior Plus Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #308162
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.
