








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Lima at 618 N Rosedale Ave, Lima, OH, 45805 offers $1,859/mo rent that, after a $729/mo payment, leaves $879/mo cash flow. Total monthly income is $1,859/mo, and annual cash flow is $10,550/yr on $49,394 cash. Return on cash invested measures 41.27% in year one, and rental yield stands at 14.97% at a $149,000 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 217.96% and total cumulative return in cash reaches $107,656. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,859/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45805, Lima, OH area.
| 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 |
Residential
10,159
Single Family
9,437
Multi-Family
722
Businesses
680
Date | Event | Price |
|---|---|---|
| 2025-07-07 | Sold | $149,000 |
| 2025-05-27 | Pending sale | $149,000 |
| 2025-05-20 | Price change | $149,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $1088.84 | 17.45% | $28,220 | 30.05% |
| 2023-10-15 | $927.06 | -0.46% | $21,700 | N/A |
| 2022-10-15 | $931.36 | -5.34% | $21,700 | N/A |



Listed by: Heather Gaus • Cowan, Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306971
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.