3467 Weldon Dr, Lima, OH, 45806 | $485/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3467 Weldon Dr, Lima, OH, 45806 | $485/mo Cash Flow | Ziffy

For Sale

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 3467 Weldon Dr, Lima, OH, 45806 uses $123,981 cash to close to unlock $5,825/yr annual cash flow and $485/mo monthly cash flow. Total monthly income runs $2,946/mo, and a $1,831/mo payment keeps the spread at $485/mo. Purchase price stands at $374,000, and rental yield measures 9.45% with $2,946/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $103,329 over five years. Five-year ROI reaches 128.57% and total cumulative return in cash records $159,397. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,946/mo property income covering a $1,831/mo payment rather than investor’s personal income.

Single Family

Built in 2021

N/A lot

$N/A/sqft

No HOA

More details about the property

Step into this delightful ranch-style home with a partially finished basement, complete with a bar area and workout space. This updated gem features vaulted ceilings, sleek wood laminate flooring, and fresh paint throughout (2024). The kitchen, with its center island, seamlessly flows into the great room. Outside, enjoy the fenced backyard and patio, perfect for hosting gatherings. At the front of the house, you'll find a cozy home office, ideal for working or studying remotely.

Neighborhood Data

Neighborhood data shown for ZIP Code: 45806, Lima, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,050 (100%)
Owner Occupied HU	3,840 (76.0%)
Renter Occupied HU	884 (17.5%)
Vacant Housing Units	326 ( 6.5%)
Median Home Value	$208,345
Average Home Value	$240,161