3437 Makley Dr, Lima, OH, 45805 | $169/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3437 Makley Dr, Lima, OH, 45805 | $169/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lima at 3437 Makley Dr, Lima, OH, 45805 earns $169/mo cash flow from $958/mo rent with a $587/mo payment. Total monthly income totals $958/mo, and annual cash flow totals $2,028/yr on $39,780 capital. ROI tracks 25.01% on current figures, and rental yield reads 9.58% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 130.67% and total cumulative return in cash sums $51,979. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $958/mo property income instead of your personal income.

Single Family

Built in 1962

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Online Foreclosure Auction with bidding ending on Wednesday, January 7th at 2PM. See OhioSheriffSales dotcom for full details and to bid online. Bidding starts at $120,000. This ranch home has 3 bedrooms, 2.5 bathrooms, 1,842 sq ft of living space, with a 1,266 sq ft unfinished basement. The exterior of the home features an attached 2-car garage, open front porch, enclosed back sunroom, mature trees and a privacy fence on the 0.42 acre corner lot. The home is in the Shawnee LSD of Allen county and within American Township limits.

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