Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1755 Shawnee Rd APT 406, Lima, OH, 45805 uses $42,266 cash to close to unlock $6,868/yr annual cash flow and $572/mo monthly cash flow. Total monthly income runs $1,861/mo, and a $624/mo payment keeps the spread at $572/mo. Purchase price stands at $127,500, and rental yield measures 17.52% with $1,861/mo rent. Return on cash invested shows 36.16% in year one, and 5% annual appreciation builds toward $35,226 over five years. Five-year ROI reaches 195.21% and total cumulative return in cash records $82,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,861/mo property income covering a $624/mo payment rather than investor’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
$450 monthly 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 |
|---|---|---|
| 2024-09-18 | Price change | $127,500 |
| 2024-08-21 | Listed for sale | $129,900 |
| 2015-03-17 | Sold | $66,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $990.08 | -2.05% | $26,890 | N/A |
| 2022-10-16 | $1010.82 | -0.46% | $26,890 | N/A |
| 2021-10-16 | $1015.46 | 26.29% | $26,890 | 4.22% |
Listed by: Kurt Brandehoff • Binkley Real Estate, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1033849
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.
