485 S Mumaugh Rd, Lima, OH, 45804 | 5.64% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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485 S Mumaugh Rd, Lima, OH, 45804 | 5.64% Rental Yield | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Lima at 485 S Mumaugh Rd, Lima, OH, 45804 generates $2,352/mo in rent, after a $2,447/mo payment. Total monthly income is $2,352/mo. Return on cash invested sits at 13.13% in year one, and rental yield is 5.64% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 67% and total cumulative return in cash sums $111,056. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,352/mo property income rather than buyer’s personal income.

Single Family

Built in 1955

N/A lot

$N/A/sqft

No HOA

More details about the property

This property is a 4-bedroom, 2 bath home. No interior showings. Cash only. Sold as is. THE LISTING AGENT HAS NOT BEEN INSIDE THE HOUSE. OCCUPANTS OF THE PROPERTY ARE UNKNOWN.

Neighborhood Data

Neighborhood data shown for ZIP Code: 45804, Lima, OH area.

Housing Distribution

Housing Statistics

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