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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 4443 W Elm St, Lima, OH, 45807 listed at $349,000 pairs $1,110/mo rent with a $1,708/mo payment. Total monthly income runs $1,110/mo. Return on cash invested measures 7.61% in year one, and rental yield registers 3.82% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 37.43% and total cumulative return in cash totals $43,308. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,110/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1949
1.51 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 |
|---|---|---|
| 2024-09-03 | Price change | $349,000 |
| 2024-08-08 | Listed for sale | $369,900 |
| 2024-02-23 | Sold | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-14 | $3070.66 | 2.16% | $57,270 | N/A |
| 2022-09-14 | $3005.88 | -1.41% | $57,270 | N/A |
| 2021-09-14 | $3048.76 | 21.21% | $57,270 | 18.74% |
Listed by: Renee Smiley • Cowan, Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #304772
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.
