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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 4250 Spencerville Rd, Lima, OH, 45805 uses $150,998 cash to close to unlock $6,339/yr annual cash flow and $528/mo monthly cash flow. Total monthly income runs $3,524/mo, and a $2,229/mo payment keeps the spread at $528/mo. Purchase price stands at $455,500, and rental yield measures 9.28% with $3,524/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $125,846 over five years. Five-year ROI reaches 125.88% and total cumulative return in cash records $190,073. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,524/mo property income covering a $2,229/mo payment rather than investor’s personal income.
Single Family
Built in 1990
4.81 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45805, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,750 (100%) |
| Owner Occupied HU | 6,258 (58.2%) |
| Renter Occupied HU | 3,628 (33.7%) |
| Vacant Housing Units | 864 ( 8.0%) |
| Median Home Value | $189,364 |
| Average Home Value | $209,071 |
Residential
10,159
Single Family
9,437
Multi-Family
722
Businesses
680
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Listed for sale | $455,500 |
| 2018-09-28 | Sold | $288,000 |
| 2016-06-03 | Listing removed | $344,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-02 | $5629.22 | 2.68% | $101,260 | 3.06% |
| 2022-04-02 | $5482.46 | -0.57% | $98,250 | N/A |
| 2021-04-02 | $5513.68 | 11.67% | $98,250 | -6.46% |
Listed by: Ryan Place • Merritt Real Estate Professionals
Mls Name: WRIST
Mls Provider:
Mls ID: #1037769
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.
