Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2015 University Blvd, Lima, OH, 45805 offers a 10.39% rental yield on a $180,000 purchase with $1,559/mo rent. Total monthly income registers $1,559/mo, and a $881/mo payment leaves $375/mo available for distribution. Annual cash flow reaches $4,500/yr on $59,670 to close, and return on cash invested stands at 27.45% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 143.78% and total cumulative return in cash at $85,793. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,559/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.34 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 |
|---|---|---|
| 2025-08-06 | Sold | $180,000 |
| 2025-07-04 | Pending sale | $165,000 |
| 2025-07-03 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $1613.10 | 49.79% | $45,150 | 30.00% |
| 2023-10-09 | $1076.90 | -1.99% | $34,730 | N/A |
| 2022-10-09 | $1098.80 | -5.45% | $34,730 | N/A |
Listed by: Scott Weaver • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307561
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.
