








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 200 S Fraunfelter Rd, Lima, OH, 45807 offers $2,920/mo rent that, after a $2,447/mo payment. Total monthly income is $2,920/mo. Return on cash invested measures 17.24% in year one, and rental yield stands at 7.01% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 89.05% and total cumulative return in cash reaches $147,564. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,920/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,914 (100%) |
| Owner Occupied HU | 3,797 (77.3%) |
| Renter Occupied HU | 852 (17.3%) |
| Vacant Housing Units | 265 ( 5.4%) |
| Median Home Value | $237,870 |
| Average Home Value | $253,151 |
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
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: Shaun Richardson • EXP Realty-Dublin
Mls Name: WCAR OH
Mls ID: #307005