195 Carlos Ln, Lima, OH, 45804 | 7.35% Rental Yield

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 195 Carlos Ln, Lima, OH, 45804 generates $1,500/mo in rent, after a $1,199/mo payment. Total monthly income is $1,500/mo. Return on cash invested sits at 18.26% in year one, and rental yield is 7.35% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 94.53% and total cumulative return in cash sums $76,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.

Single Family

Built in 1971

0.31 Acres lot

$N/A/sqft

No HOA

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