Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lima at 3937 Cherokee Dr, Lima, OH, 45807 earns $798/mo cash flow from $2,832/mo rent with a $1,512/mo payment. Total monthly income totals $2,832/mo, and annual cash flow totals $9,578/yr on $102,434 capital. ROI tracks 29.26% on current figures, and rental yield reads 11% at a $309,000 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 153.54% and total cumulative return in cash sums $157,277. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,832/mo property income instead of your personal income.
Single Family
Built in 2007
N/A lot
$N/A/sqft
$20 annually HOA
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,914 (100%) |
| Owner Occupied HU | 3,797 (77.3%) |
| Renter Occupied HU | 852 (17.3%) |
| Vacant Housing Units | 265 ( 5.4%) |
| Median Home Value | $237,870 |
| Average Home Value | $253,151 |
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
Date | Event | Price |
|---|---|---|
| 2020-09-23 | Sold | $204,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-01 | $4618.58 | 29.78% | $100,670 | 39.01% |
| 2023-08-01 | $3558.76 | -2.38% | $72,420 | N/A |
| 2022-08-01 | $3645.43 | 0.40% | $72,420 | N/A |
Listed by: Tug Taviano • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307842
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.
