243 Barnsbury DrLimaOH45804
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lima at 243 Barnsbury Dr, Lima, OH, 45804 uses $79,229 cash to close to unlock $19/yr annual cash flow and $2/mo monthly cash flow. Total monthly income runs $1,576/mo, and a $1,170/mo payment keeps the spread at $2/mo. Purchase price stands at $239,000, and rental yield measures 7.91% with $1,576/mo rent. Return on cash invested shows 19.93% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 103.49% and total cumulative return in cash records $81,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,576/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1971
N/A lot
$N/A/sqft
$25 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45804, Lima, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,395
Single Family
5,752
Multi-Family
643
Businesses
577
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Listed by: Dawn Iiames • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305889
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.