626 W Murphy StLimaOH45801
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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 626 W Murphy St, Lima, OH, 45801 generates $1,204/mo in rent and, after a $734/mo payment, leaves $218/mo in cash flow. Total monthly income is $1,204/mo, and annual cash flow is $2,612/yr on $49,692 invested. Return on cash invested sits at 25.17% in year one, and rental yield is 9.64% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 131.58% and total cumulative return in cash sums $65,387. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,204/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
0.37 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,199
Multi-Family
940
Businesses
748
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Listed by: Cheryl McCullough • Binkley Real Estate, LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1036194
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.