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% |
Rental property for sale in Lima at 2275 N Cable Rd APT 165, Lima, OH, 45807 generates $1,987/mo in rent and, after a $629/mo payment, leaves $956/mo in cash flow. Total monthly income is $1,987/mo, and annual cash flow is $11,468/yr on $42,598 invested. Return on cash invested sits at 46.83% in year one, and rental yield is 18.56% on a $128,500 entry. Equity gained on principal adds $829/yr, while 5% annual appreciation builds toward $35,502 over five years. Five-year ROI reaches 249.67% and total cumulative return in cash sums $106,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,987/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$186 monthly HOA
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
| 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 |
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
Date | Event | Price |
|---|---|---|
| 2024-08-25 | Price change | $128,500 |
| 2024-07-26 | Listed for sale | $132,500 |
| 2024-07-15 | Contingent | $132,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-14 | $717.88 | -1.94% | $14,110 | N/A |
| 2022-09-14 | $732.06 | -0.15% | $14,110 | N/A |
| 2021-09-14 | $733.16 | 23.10% | $14,110 | 31.62% |
Listed by: Jeremy Huebner • Binkley Real Estate, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1031982
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.
