3520 Camden Pl #42LimaOH45806
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play3520 Camden Pl #42, Lima, OH, 45806 in Lima is priced for appreciation, not yield. Rental yield 4.46%. At $336,000 with a 4.46% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $92,831 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.83) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $66,090.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 6.8% |
| Monthly Cash Flow | $(962) | $520 |
City averages based on Lima market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,248 |
| Total Monthly Debt Service | $2,076 |
| DSCR Ratio | 0.60x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,783
Single Family
4,758
Multi-Family
25
Businesses
204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,783
Single Family
4,758
Multi-Family
25
Businesses
204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices