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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 307 Harrison Ave, Lima, OH, 45804 listed at $170,000 pairs $1,170/mo rent with a $832/mo payment to leave $52/mo cash flow. Total monthly income runs $1,170/mo, and annual cash flow reaches $622/yr on $56,355 cash to close. Return on cash invested measures 21.01% in year one, and rental yield registers 8.26% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 109.27% and total cumulative return in cash totals $61,581. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,170/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45804, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,766 (100%) |
| Owner Occupied HU | 3,189 (47.1%) |
| Renter Occupied HU | 2,826 (41.8%) |
| Vacant Housing Units | 751 (11.1%) |
| Median Home Value | $92,500 |
| Average Home Value | $135,487 |
Residential
6,395
Single Family
5,752
Multi-Family
643
Businesses
577
Date | Event | Price |
|---|---|---|
| 2016-02-18 | Sold | $5,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-17 | $1060.78 | 31.50% | $10,160 | N/A |
| 2022-04-17 | $806.66 | 28.21% | $10,160 | N/A |
| 2021-04-17 | $629.18 | -4.33% | $10,160 | -4.87% |
Listed by: Lisa Cummins • LPT
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306768
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.
