551 S Leonard AveLimaOH45804
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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 551 S Leonard Ave, Lima, OH, 45804 earns $866/mo cash flow from $1,529/mo rent with a $493/mo payment. Total monthly income totals $1,529/mo, and annual cash flow totals $10,398/yr on $33,382 capital. ROI tracks 51.06% on current figures, and rental yield reads 18.22% at a $100,700 purchase. Equity gained on principal adds $650/yr, and 5% annual appreciation supports $27,822 over five years. Five-year ROI reaches 270.49% and total cumulative return in cash sums $90,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,529/mo property income instead of your personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
6,395
Single Family
5,752
Multi-Family
643
Businesses
577
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