5237 Shores LnLimaOH45807
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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
Investment Highlights
Investment property for sale in Lima at 5237 Shores Ln, Lima, OH, 45807 earns $990/mo cash flow from $4,201/mo rent with a $2,374/mo payment. Total monthly income totals $4,201/mo, and annual cash flow totals $11,877/yr on $160,778 capital. ROI tracks 27.3% on current figures, and rental yield reads 10.39% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 143.02% and total cumulative return in cash sums $229,946. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,201/mo property income instead of your personal income.
Single Family
Built in 1994
2.61 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
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Listed by: Debra Goodwin • Plus One Professionals
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305143
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.