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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 3284 Kemp Rd N, Lima, OH, 45807 offers a 5.55% rental yield on a $239,900 purchase with $1,110/mo rent. 85% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 65.56% and total cumulative return in cash at $52,135. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,110/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.47 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 |
|---|---|---|
| 2025-04-13 | Listed for sale | $239,900 |
| 2006-07-24 | Sold | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-14 | $2282.60 | -1.99% | $46,910 | N/A |
| 2022-04-14 | $2328.90 | -0.50% | $46,910 | N/A |
| 2021-04-14 | $2340.72 | 14.56% | $46,910 | 21.72% |
Listed by: Chris Pocza • Cowan, Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306726
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.
