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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% |
Investment property for sale in Lima at 2175 Odema Dr, Lima, OH, 45806 at $215,000 posts ROI 27.5% with $451/mo cash flow from $1,865/mo rent. Total monthly income equals $1,865/mo, and annual cash flow records $5,413/yr on $71,273 to close. Return on cash invested measures 27.5% and rental yield reads 10.41% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 144.14% and total cumulative return in cash totals $102,733.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,865/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45806, Lima, OH area.
| 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 |
Residential
4,783
Single Family
4,758
Multi-Family
25
Businesses
204
Date | Event | Price |
|---|---|---|
| 2006-07-21 | Sold | $85,000 |
| 1996-09-06 | Sold | $73,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-17 | $1674.60 | -2.04% | $39,140 | N/A |
| 2022-04-17 | $1709.44 | 0.07% | $39,140 | N/A |
| 2021-04-17 | $1708.26 | 20.51% | $39,140 | 1.56% |
Listed by: Ashleigh Mangini • Superior Plus Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306772
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.
