3834 Yale AveLimaOH45804
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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 3834 Yale Ave, Lima, OH, 45804 listed at $151,100 pairs $1,676/mo rent with a $740/mo payment to leave $574/mo cash flow. Total monthly income runs $1,676/mo, and annual cash flow reaches $6,891/yr on $50,090 cash to close. Return on cash invested measures 33.67% in year one, and rental yield registers 13.31% at a $151,100 basis. Equity gained on principal adds $975/yr, and annual property appreciation at 5% supports $41,746 by year five. Five-year ROI tracks 178.13% and total cumulative return in cash totals $89,223. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,676/mo property income relative to a $740/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
1,450 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45804, Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,766 (100%) |
| Owner Occupied HU | 3,189 (47.1%) |
| Renter Occupied HU | 2,826 (41.8%) |
| Vacant Housing Units | 751 (11.1%) |
| Median Home Value | $92,500 |
| Average Home Value | $135,487 |
Housing Distribution
Address Breakdown
Residential
6,395
Single Family
5,752
Multi-Family
643
Businesses
577
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