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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% |
Rental property for sale in Lima at 4320 Southgate Blvd, Lima, OH, 45806 priced at $220,000 pairs $1,440/mo rent with after a $1,077/mo payment. Total monthly income equals $1,440/mo. Return on cash invested is 19.79% in year one, and rental yield stands at 7.85% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 102.72% and total cumulative return in cash reaches $74,915. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45806, Lima, OH area.
| 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 |
Residential
4,783
Single Family
4,758
Multi-Family
25
Businesses
204
Date | Event | Price |
|---|---|---|
| 2025-02-11 | Listed for sale | $220,000 |
| 2013-08-23 | Sold | $105,000 |
| 2013-06-25 | Price change | $109,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $2533.86 | 0.38% | $43,650 | N/A |
| 2022-02-15 | $2524.19 | -0.24% | $43,650 | N/A |
| 2021-02-15 | $2530.20 | 40.04% | $43,650 | 14.42% |
Listed by: Lisa Cummins • LPT
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306205
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.
