2977 Pro DrLimaOH45806
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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
Investment Highlights
Investment property for sale in Lima at 2977 Pro Dr, Lima, OH, 45806 uses $86,190 cash to close to unlock $8,860/yr annual cash flow and $738/mo monthly cash flow. Total monthly income runs $2,449/mo, and a $1,273/mo payment keeps the spread at $738/mo. Purchase price stands at $260,000, and rental yield measures 11.3% with $2,449/mo rent. Return on cash invested shows 30.19% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 158.5% and total cumulative return in cash records $136,613. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,449/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45806, Lima, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,783
Single Family
4,758
Multi-Family
25
Businesses
204
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