606 N West St, Lima, OH, 45801 | $134/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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606 N West St, Lima, OH, 45801 | $134/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lima at 606 N West St, Lima, OH, 45801 earns $134/mo cash flow from $956/mo rent with a $612/mo payment. Total monthly income totals $956/mo, and annual cash flow totals $1,603/yr on $41,438 capital. ROI tracks 23.78% on current figures, and rental yield reads 9.18% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 124.13% and total cumulative return in cash sums $51,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $956/mo property income instead of your personal income.

Single Family

Built in 1920

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Check out this Charming home with 3 bedrooms 1 bathroom with basement. This home has a relaxing enclosed patio, living with large picture window letting in tons of sunlight, a spacious kitchen, laundry area on floor level, a huge backyard lot great for gardening or entertaining. An Ideal starter or forever home, a savvy investors dream with its mixed-use area of homes and businesses, plus a turn-key tenant occupancy. This property is centrally located, accessible to schools, parks, downtown, local shops and dining.

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