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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 4400 Ridge Rd, Lima, OH, 45807 at $185,000 posts ROI 28.67% with $448/mo cash flow from $1,664/mo rent. Total monthly income equals $1,664/mo, and annual cash flow records $5,371/yr on $61,328 to close. Return on cash invested measures 28.67% and rental yield reads 10.79% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 150.34% and total cumulative return in cash totals $92,199.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,664/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.81 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-01-02 | Price change | $185,000 |
| 2024-12-09 | Price change | $190,000 |
| 2024-11-25 | Price change | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-11 | $1392.08 | 10.16% | $28,000 | N/A |
| 2022-01-11 | $1263.68 | -0.57% | $28,000 | N/A |
| 2021-01-11 | $1270.96 | 6.92% | $28,000 | 11.73% |
Listed by: Alan Tyrrell Jr. • eXp Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305006
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.
