








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 2704 Lost Creek Blvd, Lima, OH, 45804 with 5% annual appreciation on a $199,000 basis while $1,872/mo rent supports operations. Total monthly income totals $1,872/mo and a $974/mo payment preserves $563/mo for cash returns. Annual cash flow comes to $6,756/yr on $65,969 deployed, and return on cash invested reaches 30.15% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 11.29%. Five-year ROI measures 158.36% and total cumulative return in cash totals $104,466.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,872/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45804, Lima, OH area.
| 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 |
Residential
6,395
Single Family
5,752
Multi-Family
643
Businesses
577
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $199,000 |
| 2021-10-15 | Sold | $175,000 |
| 2021-08-21 | Listed for sale | $194,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-16 | $1968.90 | -1.20% | $43,470 | N/A |
| 2022-04-16 | $1992.72 | -0.17% | $43,470 | N/A |
| 2021-04-16 | $1996.14 | 7.38% | $43,470 | 14.79% |



Listed by: Amy Place • Berkshire Hathaway Professional Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306740
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.