








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 5151 Pheasant St, Lima, OH, 45807 uses $96,135 cash to close to unlock $8,986/yr annual cash flow and $749/mo monthly cash flow. Total monthly income runs $2,656/mo, and a $1,419/mo payment keeps the spread at $749/mo. Purchase price stands at $290,000, and rental yield measures 10.99% with $2,656/mo rent. Return on cash invested shows 29.26% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 153.48% and total cumulative return in cash records $147,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,656/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.33 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 |
|---|---|---|
| 2025-06-21 | Listed for sale | $290,000 |
| 2022-06-17 | Sold | $210,000 |
| 2022-05-16 | Pending sale | $214,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-23 | $3196.20 | 10.52% | $73,720 | 23.96% |
| 2023-06-23 | $2891.98 | -4.11% | $59,470 | N/A |
| 2022-06-23 | $3015.86 | -0.50% | $59,470 | N/A |



Listed by: Michelle Randall • Berkshire Hathaway Professional Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307450
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.