2038 Rosewood LnLimaOH45806
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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
Investment Highlights
Investment property for sale in Lima at 2038 Rosewood Ln, Lima, OH, 45806 uses $92,787 cash to close to unlock $14,854/yr annual cash flow and $1,238/mo monthly cash flow. Total monthly income runs $3,079/mo, and a $1,370/mo payment keeps the spread at $1,238/mo. Purchase price stands at $279,900, and rental yield measures 13.2% with $3,079/mo rent. Return on cash invested shows 35.92% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 189.2% and total cumulative return in cash records $175,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,079/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45806, Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,050 (100%) |
| Owner Occupied HU | 3,840 (76.0%) |
| Renter Occupied HU | 884 (17.5%) |
| Vacant Housing Units | 326 ( 6.5%) |
| Median Home Value | $208,345 |
| Average Home Value | $240,161 |
Housing Distribution
Address Breakdown
Residential
4,783
Single Family
4,758
Multi-Family
25
Businesses
204
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Listed by: Lisa Wenger • CCR Realty
Mls Name: NORIS
Mls ID: #6119039
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. 2024 NORIS. All rights reserved.