5924 Timberstone DrLimaOH45807
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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 5924 Timberstone Dr, Lima, OH, 45807 listed at $399,000 pairs $2,795/mo rent with a $1,953/mo payment to leave $170/mo cash flow. Total monthly income runs $2,795/mo, and annual cash flow reaches $2,044/yr on $132,269 cash to close. Return on cash invested measures 21.45% in year one, and rental yield registers 8.41% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 111.66% and total cumulative return in cash totals $147,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,795/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.25 Acres lot
$N/A/sqft
No 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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