251 Timberfield Dr, Lima, OH, 45807 | 1.72% Rental Yield

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251 Timberfield Dr, Lima, OH, 45807 | 1.72% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lima at 251 Timberfield Dr, Lima, OH, 45807 listed at $775,000 pairs $1,110/mo rent with a $3,793/mo payment. Total monthly income runs $1,110/mo. Return on cash invested measures 1.29% in year one, and rental yield registers 1.72% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 3.5% and total cumulative return in cash totals $8,935. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,110/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1999

3.60 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 251 Timberfield Drive, offering over 3,800 square feet of above-grade living space plus an additional 1,050 square feet of finished space in the walk-out lower level.. Situated on two parcels totaling 3.6 acres, this spacious home features 3 bedrooms, 3 full baths, and 2 half baths. The main kitchen has been recently updated and includes stainless steel appliances, ample cabinetry, and quartz countertops. The primary suite includes a private sitting area for added comfort. The second floor has 2 bedrooms with built in closet systems and boasts a 32-foot bonus room offers plenty of optionsideal for a playroom, hobby space, or additional bedroom. In the lower level, lies a spectacular, fully equipped kitchen that provides excellent flexibility for entertaining or multi-generational living. Additionally, it includes is a theater room with projector and screen. Outdoor amenities include a decorative pond, adjacent patio, and walk-out basement access. A 3-car garage provides generous storage and parking space. This property combines functionality, space, and peaceful surroundings in a highly usable layout.

Neighborhood Data

Neighborhood data shown for ZIP Code: 45807, Lima, OH area.

Housing Distribution

Housing Statistics

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