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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% |
Rental property for sale in Lima at 2275 N Glenwood Ave, Lima, OH, 45805 generates $2,134/mo in rent and, after a $1,052/mo payment, leaves $720/mo in cash flow. Total monthly income is $2,134/mo, and annual cash flow is $8,641/yr on $71,273 invested. Return on cash invested sits at 32.03% in year one, and rental yield is 11.91% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 168.44% and total cumulative return in cash sums $120,049. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,134/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45805, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,750 (100%) |
| Owner Occupied HU | 6,258 (58.2%) |
| Renter Occupied HU | 3,628 (33.7%) |
| Vacant Housing Units | 864 ( 8.0%) |
| Median Home Value | $189,364 |
| Average Home Value | $209,071 |
Residential
10,159
Single Family
9,437
Multi-Family
722
Businesses
680
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Seth Ciminillo • Dye Real Estate & Land Company
Mls Name: WCAR OH
Mls ID: #307728
