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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 2940 Koop Rd, Lima, OH, 45807 listed at $285,000 pairs $1,945/mo rent with a $1,395/mo payment to leave $70/mo cash flow. Total monthly income runs $1,945/mo, and annual cash flow reaches $843/yr on $94,478 cash to close. Return on cash invested measures 20.8% in year one, and rental yield registers 8.19% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 108.17% and total cumulative return in cash totals $102,198. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,945/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.25 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 |
|---|---|---|
| 2025-10-22 | Listed for sale | $285,000 |
| 1995-06-22 | Sold | $92,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $2568.86 | 16.99% | $57,820 | 31.95% |
| 2023-10-23 | $2195.80 | -0.81% | $43,820 | N/A |
| 2022-10-23 | $2213.84 | -2.40% | $43,820 | N/A |
Listed by: John Crain • Howard Hanna Marysville
Mls Name: WCAR OH
Mls Provider:
Mls ID: #308614
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.
