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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lima at 631 Hazel Ave, Lima, OH, 45801 uses $48,068 cash to close to unlock $5,879/yr annual cash flow and $490/mo monthly cash flow. Total monthly income runs $1,444/mo, and a $710/mo payment keeps the spread at $490/mo. Purchase price stands at $145,000, and rental yield measures 11.95% with $1,444/mo rent. Return on cash invested shows 32.14% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 168.95% and total cumulative return in cash records $81,212. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,444/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45801, Lima, OH area.
| 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 |
Residential
9,139
Single Family
8,199
Multi-Family
940
Businesses
748
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kyle Bushong • Cowan, Realtors
Mls Name: WCAR OH
Mls ID: #308662
