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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 2341 Garden Blvd, Lima, OH, 45805 earns $445/mo cash flow from $1,694/mo rent with a $929/mo payment. Total monthly income totals $1,694/mo, and annual cash flow totals $5,344/yr on $62,952 capital. ROI tracks 28.4% on current figures, and rental yield reads 10.7% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 148.92% and total cumulative return in cash sums $93,749. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,694/mo property income instead of your personal income.
Single Family
Built in 1931
0.54 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 |
|---|---|---|
| 2024-10-01 | Price change | $189,900 |
| 2024-07-22 | Price change | $199,900 |
| 2024-07-04 | Price change | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-11 | $498.78 | -5.15% | $18,170 | N/A |
| 2022-01-11 | $525.88 | -0.46% | $18,170 | N/A |
| 2021-01-11 | $528.30 | 67.75% | $18,170 | 17.45% |
Listed by: Dalton Brenner • Berkshire Hathaway Professional Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #304050
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.
