2615 Kenny Lee Dr, Lima, OH, 45807 | $937/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2615 Kenny Lee Dr, Lima, OH, 45807 | $937/mo Cash Flow | 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

Rental property for sale in Lima at 2615 Kenny Lee Dr, Lima, OH, 45807 generates $2,878/mo in rent and, after a $1,444/mo payment, leaves $937/mo in cash flow. Total monthly income is $2,878/mo, and annual cash flow is $11,249/yr on $97,793 invested. Return on cash invested sits at 31.41% in year one, and rental yield is 11.71% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 165.07% and total cumulative return in cash sums $161,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,878/mo property income rather than buyer’s personal income.

Single Family

Built in 1997

0.39 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 3-bedroom, 3-bathroom home, perfectly situated on a large, private lot. With neutral dcor throughout, this move-in ready property offers a warm, inviting atmosphere and plenty of space inside and out. Enjoy the convenience of a heated garage complete with a dedicated workshopideal for hobbies, storage, or year-round projects. Step outside to the screened-in porch, perfect for relaxing or entertaining while enjoying the peaceful surroundings. Inside, the open-concept living areas offer flexible living and dining space, while each bedroom provides comfort and privacy. The home's layout is ideal for families, guests, or a home office setup. Don't miss this rare opportunity to own a well-appointed home with both charm and function in a serene setting!

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