2979 Sands Rd, Lima, OH, 45805 | $632/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2979 Sands Rd, Lima, OH, 45805 | $632/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
4 Bath
3972 sft

1122 Carnation Dr, Wapakoneta, OH, 45895

4 Bed
4 Bath
3309 sft

4475 Wintergreen Dr, Lima, OH, 45805

3 Bed
3 Bath
2154 sft

3650 Redbud Ln, Lima, OH, 45806

3 Bed
3 Bath
1670 sft

2027 S Grubb Rd, Lima, OH, 45806

Nearby investment properties with comparable prices

4 Bed
3 Bath
2716 sft

601 Warren St, Wapakoneta, OH, 45895

3 Bed
3 Bath
2200 sft

8509 Celina Mendon Rd, Celina, OH, 45822

5 Bed
4 Bath
3594 sft

153 Waterbury Ct, Saint Marys, OH, 45885

3 Bed
3 Bath
2396 sft

7651 Oldtown Rd, Celina, OH, 45822

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lima at 2979 Sands Rd, Lima, OH, 45805 with 5% annual appreciation on a $499,000 basis while $3,914/mo rent supports operations. Total monthly income totals $3,914/mo and a $2,442/mo payment preserves $632/mo for cash returns. Annual cash flow comes to $7,584/yr on $165,419 deployed, and return on cash invested reaches 24.49% in year one. Equity gained on principal adds $3,220/yr, and five-year appreciation sums $137,865 alongside rental yield of 9.41%. Five-year ROI measures 127.96% and total cumulative return in cash totals $211,674.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,914/mo property income versus a $2,442/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1990

0.62 Acres lot

$N/A/sqft

No HOA

More details about the property

What an opportunity to live in such a beautiful home and incredible community. This property has it both, timeless luxury design and really beloved friendly community. Located in the Master's Circle subdivision of Shawnee, 2979 Sands offers a beautiful two story home, an additional half lot and a finished basement with a fire place, half bathroom and a custom loungeroom. People are loving the openness of the living room with very high vaulted ceilings, large windows allowing for a lot of natural light, the open staircase and the stone built fire place. Backyard has a large, peaceful deck with bench seating, a mounted TV, and fire place area to relax at. The home comes with a whole-house generator and golf simulator as well. Schedule your showing today to tour!

Neighborhood Data

Neighborhood data shown for ZIP Code: 45805, Lima, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,750 (100%)
Owner Occupied HU	6,258 (58.2%)
Renter Occupied HU	3,628 (33.7%)
Vacant Housing Units	864 ( 8.0%)
Median Home Value	$189,364
Average Home Value	$209,071