343 S Charles StLimaOH45805
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lima at 343 S Charles St, Lima, OH, 45805 earns $203/mo cash flow from $1,189/mo rent with a $734/mo payment. Total monthly income totals $1,189/mo, and annual cash flow totals $2,430/yr on $49,725 capital. ROI tracks 24.8% on current figures, and rental yield reads 9.51% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 129.6% and total cumulative return in cash sums $64,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,189/mo property income instead of your personal income.
Single Family
Built in 1918
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45805, Lima, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,159
Single Family
9,437
Multi-Family
722
Businesses
680
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