1775 Jo Jean RdLimaOH45806
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lima at 1775 Jo Jean Rd, Lima, OH, 45806 at $239,900 posts ROI 21.95% with $135/mo cash flow from $1,713/mo rent. Total monthly income equals $1,713/mo, and annual cash flow records $1,622/yr on $79,527 to close. Return on cash invested measures 21.95% and rental yield reads 8.57% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 114.34% and total cumulative return in cash totals $90,931.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,713/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45806, Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,050 (100%) |
| Owner Occupied HU | 3,840 (76.0%) |
| Renter Occupied HU | 884 (17.5%) |
| Vacant Housing Units | 326 ( 6.5%) |
| Median Home Value | $208,345 |
| Average Home Value | $240,161 |
Housing Distribution
Address Breakdown
Residential
4,783
Single Family
4,758
Multi-Family
25
Businesses
204
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Listed by: Debbie Lane • Berkshire Hathaway Professional Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306449
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.