Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 3415 Shearin Ave, Lima, OH, 45801 listed at $249,999 pairs $1,984/mo rent with a $1,224/mo payment to leave $339/mo cash flow. Total monthly income runs $1,984/mo, and annual cash flow reaches $4,070/yr on $82,875 cash to close. Return on cash invested measures 24.82% in year one, and rental yield registers 9.52% at a $249,999 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 129.74% and total cumulative return in cash totals $107,518. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,984/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45801, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,724 (100%) |
| Owner Occupied HU | 5,120 (52.7%) |
| Renter Occupied HU | 3,695 (38.0%) |
| Vacant Housing Units | 909 ( 9.3%) |
| Median Home Value | $133,198 |
| Average Home Value | $167,986 |
Residential
9,139
Single Family
8,199
Multi-Family
940
Businesses
748
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listed for sale | $249,999 |
| 2016-03-25 | Sold | $129,400 |
| 2015-09-17 | Sold | $34,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-26 | $3278.14 | 47.40% | $48,900 | N/A |
| 2022-03-26 | $2224.03 | -1.47% | $48,900 | N/A |
| 2021-03-26 | $2257.24 | -0.84% | $48,900 | 38.84% |
Listed by: Sarah Spencer • KW Greater Columbus Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306563
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.
