Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lima at 2875 Greely Chapel Rd, Lima, OH, 45806 priced at $160,000 pairs $1,255/mo rent with $203/mo cash flow after a $783/mo payment. Total monthly income equals $1,255/mo, and annual cash flow comes to $2,432/yr on $53,040 invested. Return on cash invested is 24.49% in year one, and rental yield stands at 9.41% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 127.94% and total cumulative return in cash reaches $67,862. For financing, Ziffy Mortgage’s DSCR program evaluates $1,255/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1986
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45806, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,050 (100%) |
| Owner Occupied HU | 3,840 (76.0%) |
| Renter Occupied HU | 884 (17.5%) |
| Vacant Housing Units | 326 ( 6.5%) |
| Median Home Value | $208,345 |
| Average Home Value | $240,161 |
Residential
4,783
Single Family
4,758
Multi-Family
25
Businesses
204
Date | Event | Price |
|---|---|---|
| 2022-12-16 | Listing removed | N/A |
| 2021-07-29 | Sold | $130,000 |
| 2021-03-02 | Contingent | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-14 | $1746.33 | -1.18% | $40,820 | N/A |
| 2022-04-14 | $1767.12 | 0.69% | $40,820 | N/A |
| 2021-04-14 | $1754.98 | 4.73% | $40,820 | 10.62% |
Listed by: Joshua Mangini • Superior Plus Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306735
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.
