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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 3307 Rountree St, Lima, OH, 45805 listed at $214,000 pairs $1,502/mo rent with a $1,047/mo payment to leave $95/mo cash flow. Total monthly income runs $1,502/mo, and annual cash flow reaches $1,137/yr on $70,941 cash to close. Return on cash invested measures 21.51% in year one, and rental yield registers 8.42% at a $214,000 basis. Equity gained on principal adds $1,381/yr, and annual property appreciation at 5% supports $59,124 by year five. Five-year ROI tracks 111.96% and total cumulative return in cash totals $79,427. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,502/mo property income relative to a $1,047/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.28 Acres 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 |
|---|---|---|
| 1992-12-30 | Sold | $127,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $2741.24 | -1.04% | $58,390 | N/A |
| 2022-02-15 | $2770.14 | -0.46% | $58,390 | N/A |
| 2021-02-15 | $2782.86 | 12.24% | $58,390 | 10.78% |
Listed by: Ron Denney • Ohio Real Estate Auctions
Mls Name: My State MLS
Mls ID: #11415145
