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% |
Rental property for sale in Lima at 4505 E Bluelick Rd, Lima, OH, 45801 generates $2,386/mo in rent and, after a $1,566/mo payment, leaves $281/mo in cash flow. Total monthly income is $2,386/mo, and annual cash flow is $3,376/yr on $106,080 invested. Return on cash invested sits at 23.09% in year one, and rental yield is 8.95% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 120.44% and total cumulative return in cash sums $127,767. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,386/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45801, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,724 (100%) |
| Owner Occupied HU | 5,120 (52.7%) |
| Renter Occupied HU | 3,695 (38.0%) |
| Vacant Housing Units | 909 ( 9.3%) |
| Median Home Value | $133,198 |
| Average Home Value | $167,986 |
Residential
9,139
Single Family
8,199
Multi-Family
940
Businesses
748
Date | Event | Price |
|---|---|---|
| 2024-11-25 | Listed for sale | $320,000 |
| 2018-11-14 | Sold | $210,000 |
| 2018-09-28 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $3347.49 | -0.60% | $73,160 | N/A |
| 2022-02-15 | $3367.56 | -0.80% | $73,160 | N/A |
| 2021-02-15 | $3394.73 | 37.33% | $73,160 | 48.13% |
Listed by: Nicholas Huscroft • Chosen Real Estate Group
Mls Name: NORIS
Mls ID: #6123574
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. 2025 NORIS. All rights reserved.
