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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 3128 Clifford Dr, Lima, OH, 45805 listed at $389,900 pairs $1,800/mo rent with a $1,908/mo payment. Total monthly income runs $1,800/mo. Return on cash invested measures 12.81% in year one, and rental yield registers 5.54% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 65.31% and total cumulative return in cash totals $84,409. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45805, Lima, OH area.
| 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 |
Residential
10,159
Single Family
9,437
Multi-Family
722
Businesses
680
Date | Event | Price |
|---|---|---|
| 2001-10-30 | Sold | $147,000 |
| 1999-06-01 | Sold | $177,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-25 | $5710.57 | 21.90% | $102,800 | 43.00% |
| 2023-08-25 | $4684.47 | -0.69% | $71,890 | N/A |
| 2022-08-25 | $4716.86 | 0.24% | $71,890 | N/A |
Listed by: Tod Kitchen • Cowan, Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #308040
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.
