5901 McPheron RdLimaOH45804
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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
Rental property for sale in Lima at 5901 McPheron Rd, Lima, OH, 45804 priced at $169,000 converts $1,500/mo rent into $389/mo cash flow after a $827/mo obligation. Total monthly income equals $1,500/mo, and annual cash flow totals $4,662/yr on $56,024 invested. Return on cash invested prints 28.23% in year one, and rental yield reads 10.65% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 148% and total cumulative return in cash sums $82,915. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,500/mo property income covering a $827/mo payment, not borrower’s personal income.
Single Family
Built in 1966
1 Acres 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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Listed by: Randall Faulder • Ron Spencer Real Estate
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305975
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.