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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% |
Rental property for sale in Lima at 5176 Norfolk St, Lima, OH, 45806 generates $1,082/mo in rent and, after a $661/mo payment, leaves $194/mo in cash flow. Total monthly income is $1,082/mo, and annual cash flow is $2,325/yr on $44,753 invested. Return on cash invested sits at 25.1% in year one, and rental yield is 9.62% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 131.26% and total cumulative return in cash sums $58,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,082/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45806, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,050 (100%) |
| Owner Occupied HU | 3,840 (76.0%) |
| Renter Occupied HU | 884 (17.5%) |
| Vacant Housing Units | 326 ( 6.5%) |
| Median Home Value | $208,345 |
| Average Home Value | $240,161 |
Residential
4,783
Single Family
4,758
Multi-Family
25
Businesses
204
Date | Event | Price |
|---|---|---|
| 2001-12-18 | Sold | $50,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-05 | $1125.70 | -0.77% | $20,380 | N/A |
| 2022-06-05 | $1134.44 | -0.46% | $20,380 | N/A |
| 2021-06-05 | $1139.68 | 32.81% | $20,380 | 11.31% |
Listed by: Veronica Fox • Superior Plus Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307270
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.
