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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 1755 Shawnee Rd, Lima, OH, 45805 offers $1,222/mo rent that, after a $783/mo payment, leaves $170/mo cash flow. Total monthly income is $1,222/mo, and annual cash flow is $2,038/yr on $53,007 cash. Return on cash invested measures 23.75% in year one, and rental yield stands at 9.17% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 123.98% and total cumulative return in cash reaches $65,718. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,222/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1966
N/A 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: Kurt Brandehoff • Binkley Real Estate- Wapakoneta
Mls Name: WCAR OH
Mls ID: #308901
