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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 2639 Cremean Rd, Lima, OH, 45807 at $455,000 posts ROI 4.93% with from $1,110/mo rent. Total monthly income equals $1,110/mo. Return on cash invested measures 4.93% and rental yield reads 2.93% at the current $455,000. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,708 by year five. Five-year ROI prints 23.05% and total cumulative return in cash totals $34,768. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,110/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
| 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 |
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
Date | Event | Price |
|---|---|---|
| 2024-06-24 | Price change | $455,000 |
| 2024-05-24 | Listed for sale | $480,000 |
| 1986-06-04 | Sold | $6,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-14 | $3969.48 | -2.20% | $88,410 | N/A |
| 2022-09-14 | $4058.60 | -0.55% | $88,410 | N/A |
| 2021-09-14 | $4080.98 | 12.33% | $88,410 | 17.71% |
Listed by: Tyler McComb • Cowan, Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #304078
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.
