2111 Larkspur DrLimaOH45807
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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 2111 Larkspur Dr, Lima, OH, 45807 with 5% annual appreciation on a $369,000 basis while $3,386/mo rent supports operations. Total monthly income totals $3,386/mo and a $1,806/mo payment preserves $959/mo for cash returns. Annual cash flow comes to $11,506/yr on $122,324 deployed, and return on cash invested reaches 29.32% in year one. Equity gained on principal adds $2,381/yr, and five-year appreciation sums $101,948 alongside rental yield of 11.01%. Five-year ROI measures 153.79% and total cumulative return in cash totals $188,127.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,386/mo property income versus a $1,806/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
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Listed by: V. Michele Witham • Superior Plus Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306604
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.