




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 5 Cotner Rd, Lima, OH, 45807 offers a 10.75% rental yield on a $401,100 purchase with $3,593/mo rent. Total monthly income registers $3,593/mo, and a $1,963/mo payment leaves $955/mo available for distribution. Annual cash flow reaches $11,458/yr on $132,965 to close, and return on cash invested stands at 28.53% in year one. Equity gained on principal adds $2,588/yr while 5% annual appreciation supports $110,817 over five years. Portfolio math shows five-year ROI at 149.56% and total cumulative return in cash at $198,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,593/mo property income against a $1,963/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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 |
|---|---|---|
| 2025-02-21 | Listing removed | $375,000 |
| 2024-03-08 | Listed for sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A