1803 Saint Johns Rd, Lima, OH, 45804 | $129/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1803 Saint Johns Rd, Lima, OH, 45804 | $129/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lima at 1803 Saint Johns Rd, Lima, OH, 45804 generates $918/mo in rent and, after a $587/mo payment, leaves $129/mo in cash flow. Total monthly income is $918/mo, and annual cash flow is $1,548/yr on $39,780 invested. Return on cash invested sits at 23.8% in year one, and rental yield is 9.18% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 124.18% and total cumulative return in cash sums $49,399. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $918/mo property income rather than buyer’s personal income.

Single Family

Built in 1936

0.81 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover comfort, space, and small-town charm in this well-maintained Perry School District home. Offering 3 bedrooms, 1 full bath, and a flexible main-floor layout, this property has room to grow with your lifestyle. Enjoy a spacious living room, dedicated dining area, and an eat-in kitchen, plus an additional bonus room at the back of the home, perfect as a family room, home office, playroom, or hobby space. Convenience is key with main-level laundry, ample storage, and an oversized 1-car garage. Sitting on two parcels totaling over 0.80 acres, you'll love the extra space for parking, outdoor activities, gardening, or future projects. Relax and unwind on the cute front porch or enjoy quiet evenings on the covered back patio overlooking the large yard. This solid home has endless potential and the perfect foundation to make it your own.

Neighborhood Data

Neighborhood data shown for ZIP Code: 45804, Lima, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,766 (100%)
Owner Occupied HU	3,189 (47.1%)
Renter Occupied HU	2,826 (41.8%)
Vacant Housing Units	751 (11.1%)
Median Home Value	$92,500
Average Home Value	$135,487