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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 221 S Scott St, Lima, OH, 45804 uses $42,764 cash to close to unlock $7,462/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $1,470/mo, and a $631/mo payment keeps the spread at $622/mo. Purchase price stands at $129,000, and rental yield measures 13.67% with $1,470/mo rent. Return on cash invested shows 37.36% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 196.94% and total cumulative return in cash records $84,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,470/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45804, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,766 (100%) |
| Owner Occupied HU | 3,189 (47.1%) |
| Renter Occupied HU | 2,826 (41.8%) |
| Vacant Housing Units | 751 (11.1%) |
| Median Home Value | $92,500 |
| Average Home Value | $135,487 |
Residential
6,395
Single Family
5,752
Multi-Family
643
Businesses
577
Date | Event | Price |
|---|---|---|
| 2025-01-07 | Listed for sale | $129,000 |
| 2024-10-30 | Listing removed | $129,000 |
| 2024-10-15 | Listed for sale | $129,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-11 | $679.46 | 2.08% | $15,300 | N/A |
| 2022-01-11 | $665.62 | -5.51% | $15,300 | N/A |
| 2021-01-11 | $704.40 | 40.47% | $15,300 | 64.87% |
Listed by: Stacia Allen • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #304706
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.
