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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 460 S Mumaugh Rd, Lima, OH, 45804 with 5% annual appreciation on a $179,900 basis while $1,722/mo rent supports operations. Total monthly income totals $1,722/mo and a $881/mo payment preserves $338/mo for cash returns. Annual cash flow comes to $4,058/yr on $59,637 deployed, and return on cash invested reaches 26.71% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 11.49%. Five-year ROI measures 141.37% and total cumulative return in cash totals $84,309.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,722/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1993
N/A lot
$N/A/sqft
$200 monthly HOA
Neighborhood data shown for ZIP Code: 45804, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,766 (100%) |
| Owner Occupied HU | 3,189 (47.1%) |
| Renter Occupied HU | 2,826 (41.8%) |
| Vacant Housing Units | 751 (11.1%) |
| Median Home Value | $92,500 |
| Average Home Value | $135,487 |
Residential
6,395
Single Family
5,752
Multi-Family
643
Businesses
577
Date | Event | Price |
|---|---|---|
| 2025-05-13 | Listed for sale | $179,900 |
| 2023-12-01 | Sold | $115,700 |
| 1996-07-10 | Sold | $72,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-14 | $1428.30 | -2.54% | $40,500 | N/A |
| 2022-05-14 | $1465.46 | -0.03% | $40,500 | N/A |
| 2021-05-14 | $1465.88 | 17.00% | $40,500 | 18.80% |
Listed by: Dawn Iiames • CCR Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307044
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.
