608 Primrose Pl, Lima, OH, 45805 | $264/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

608 Primrose Pl, Lima, OH, 45805 | $264/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
936 sft

702 Cass St, Wapakoneta, OH, 45895

3 Bed
2 Bath
1248 sft

19211 State Route 219, Botkins, OH, 45306

3 Bed
2 Bath
1632 sft

208 Court St, Wapakoneta, OH, 45895

3 Bed
3 Bath
1680 sft

2328 Meadow Ln, Lima, OH, 45806

Nearby investment properties with comparable prices

3 Bed
2 Bath
1028 sft

501 Washington St, Wapakoneta, OH, 45895

3 Bed
2 Bath
1522 sft

2175 Odema Dr, Lima, OH, 45806

3 Bed
3 Bath
1942 sft

2174 Odema Dr, Lima, OH, 45806

2 Bed
2 Bath
1143 sft

209 W Plum St, Wapakoneta, OH, 45895

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Lima at 608 Primrose Pl, Lima, OH, 45805 priced at $215,000 converts $1,678/mo rent into $264/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,678/mo, and annual cash flow totals $3,169/yr on $71,273 invested. Return on cash invested prints 24.36% in year one, and rental yield reads 9.37% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 127.27% and total cumulative return in cash sums $90,709. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,678/mo property income covering a $1,052/mo payment, not borrower’s personal income.

Single Family

Built in 1945

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Don't miss this adorable recently updated cape-cod home on Primrose Place in Lima! Conveniently located near grocery, restaurants, and schools! The crisp-white contemporary with classic style creates a light and airy but yet cozy feel nestled in a convenient location in the Lima area! This home offers 3 bedrooms, 1.5 baths, stainless appliances, luxury vinyl plank floor, fresh carpet, new bathroom and kitchen updates! Do not miss the video-tour and all of this homes brilliant style! Make this your charming home today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 45805, Lima, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,750 (100%)
Owner Occupied HU	6,258 (58.2%)
Renter Occupied HU	3,628 (33.7%)
Vacant Housing Units	864 ( 8.0%)
Median Home Value	$189,364
Average Home Value	$209,071