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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 306 Cherry Blossom Ct, Lima, OH, 45807 earns $254/mo cash flow from $2,293/mo rent with a $1,517/mo payment. Total monthly income totals $2,293/mo, and annual cash flow totals $3,052/yr on $102,732 capital. ROI tracks 22.88% on current figures, and rental yield reads 8.88% at a $309,900 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 over five years. Five-year ROI reaches 119.3% and total cumulative return in cash sums $122,556. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,293/mo property income instead of your personal income.
Single Family
Built in 1994
0.32 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 |
|---|---|---|
| 2024-10-14 | Listed for sale | $309,900 |
| 2022-12-16 | Listing removed | N/A |
| 2022-03-14 | Listing removed | $256,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2897.52 | -3.18% | $58,460 | N/A |
| 2022-10-16 | $2992.64 | 1.29% | $58,460 | N/A |
| 2021-10-16 | $2954.55 | 12.37% | $58,460 | 20.07% |
Listed by: Allyson Reiter • Key Realty, LTD
Mls Name: NORIS
Mls ID: #6121622
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. 2024 NORIS. All rights reserved.
