







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 1817 Hillcrest Dr, Lima, OH, 45805 listed at $115,000 pairs $1,987/mo rent with a $563/mo payment to leave $1,230/mo cash flow. Total monthly income runs $1,987/mo, and annual cash flow reaches $14,765/yr on $38,123 cash to close. Return on cash invested measures 58.64% in year one, and rental yield registers 20.73% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 311.15% and total cumulative return in cash totals $118,617. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,987/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
0.27 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 |
|---|---|---|
| 2025-07-16 | Sold | $115,000 |
| 2025-06-03 | Pending sale | $139,900 |
| 2025-05-27 | Price change | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $1446.90 | 33.06% | $50,060 | 43.03% |
| 2023-11-03 | $1087.38 | -1.98% | $35,000 | N/A |
| 2022-11-03 | $1109.36 | -5.46% | $35,000 | N/A |



Listed by: Angie Clark • Berkshire Hathaway Professional Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307122
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.