5647 Ada RdLimaOH45801
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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 5647 Ada Rd, Lima, OH, 45801 with 5% annual appreciation on a $215,000 basis while $1,794/mo rent supports operations. Total monthly income totals $1,794/mo and a $1,052/mo payment preserves $380/mo for cash returns. Annual cash flow comes to $4,561/yr on $71,273 deployed, and return on cash invested reaches 26.31% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 10.01%. Five-year ROI measures 137.74% and total cumulative return in cash totals $98,173.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,794/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45801, Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,724 (100%) |
| Owner Occupied HU | 5,120 (52.7%) |
| Renter Occupied HU | 3,695 (38.0%) |
| Vacant Housing Units | 909 ( 9.3%) |
| Median Home Value | $133,198 |
| Average Home Value | $167,986 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,199
Multi-Family
940
Businesses
748
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Listed by: Jacob McKissick • Dye Real Estate & Land Company
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306886
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.