3466 London DrLimaOH45805
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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 3466 London Dr, Lima, OH, 45805 listed at $359,000 pairs $2,978/mo rent with a $1,757/mo payment to leave $617/mo cash flow. Total monthly income runs $2,978/mo, and annual cash flow reaches $7,400/yr on $119,009 cash to close. Return on cash invested measures 26.13% in year one, and rental yield registers 9.95% at a $359,000 basis. Equity gained on principal adds $2,317/yr, and annual property appreciation at 5% supports $99,185 by year five. Five-year ROI tracks 136.7% and total cumulative return in cash totals $162,679. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,978/mo property income relative to a $1,757/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.40 Acres 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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Listed by: Maria Sanko • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307366
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.