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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Elida at 201 W Main St, Elida, OH, 45807 priced at $165,000 pairs $2,742/mo rent with $1,656/mo cash flow after a $808/mo payment. Total monthly income equals $2,742/mo, and annual cash flow comes to $19,875/yr on $54,698 invested. Return on cash invested is 56.25% in year one, and rental yield stands at 19.94% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 298.28% and total cumulative return in cash reaches $163,151. For financing, Ziffy Mortgage’s DSCR program evaluates $2,742/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1850
4,356 sqft 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 |
|---|---|---|
| 2025-09-30 | Sold | $165,000 |
| 2025-08-27 | Pending sale | $174,900 |
| 2025-08-20 | Listed for sale | $174,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-20 | $812.36 | 16.81% | $18,170 | 31.10% |
| 2023-10-20 | $695.46 | -1.97% | $13,860 | N/A |
| 2022-10-20 | $709.40 | -0.49% | $13,860 | N/A |
Listed by: Sarah Sullivan • KW Greater Columbus Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #308028
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.
