3917 N Dixie Hwy, Lima, OH, 45801 | $164/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3917 N Dixie Hwy, Lima, OH, 45801 | $164/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

Rental property for sale in Lima at 3917 N Dixie Hwy, Lima, OH, 45801 generates $1,216/mo in rent and, after a $783/mo payment, leaves $164/mo in cash flow. Total monthly income is $1,216/mo, and annual cash flow is $1,964/yr on $53,040 invested. Return on cash invested sits at 23.61% in year one, and rental yield is 9.12% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 123.24% and total cumulative return in cash sums $65,366. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,216/mo property income rather than buyer’s personal income.

Single Family

Built in 1978

1.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Online Foreclosure Auction with bidding ending on Wednesday July, 23 at NOON. See OhioSheriffSales dotcom for full details and to bid online. Bidding starts at $160,000. The 1 story home has 4 bedrooms, 2.5 bathrooms, 1,534 sq ft of living space, a 2 car garage plus a 2 car detached garage on 1.5 acres. The exterior of the home features a covered front porch, a concrete back patio, a shed next to the detached garage, and views of mature trees and farm land. The home has a crawl space.

Neighborhood Data

Neighborhood data shown for ZIP Code: 45801, Lima, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,724 (100%)
Owner Occupied HU	5,120 (52.7%)
Renter Occupied HU	3,695 (38.0%)
Vacant Housing Units	909 ( 9.3%)
Median Home Value	$133,198
Average Home Value	$167,986