6476 Mickelson Ln, Lima, OH, 45805 | 2.73% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

6476 Mickelson Ln, Lima, OH, 45805 | 2.73% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Currently Rented+ 1 more

1 Bed
1 Bath
1608 sft

110 W Auglaize St, Wapakoneta, OH, 45895

2 Bed
2 Bath
1200 sft

140 Hartford Ct, Lima, OH, 45805

2 Bed
2 Bath
2120 sft

2635 Adgate Rd, Lima, OH, 45805

2 Bed
2 Bath
2120 sft

2635 Adgate Rd APT 112, Lima, OH, 45805

Nearby investment properties with comparable prices

4 Bed
2 Bath
2816 sft

1010 Glynwood Rd, Wapakoneta, OH, 45895

3 Bed
3 Bath
1941 sft

1784 Woodberry Creek Dr, Lima, OH, 45807

4 Bed
3 Bath
2528 sft

3798 Kissing Hollow Dr, Lima, OH, 45801

4 Bed
4 Bath
2794 sft

4611 Meadow View Dr, Lima, OH, 45805

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

Investment property for sale in Lima at 6476 Mickelson Ln, Lima, OH, 45805 listed at $449,900 pairs $1,025/mo rent with a $2,202/mo payment. Total monthly income runs $1,025/mo. Return on cash invested measures 4.35% in year one, and rental yield registers 2.73% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 19.89% and total cumulative return in cash totals $29,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,025/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 6476 Mickelson Lane! Stylish new patio home in Hidden Creek Country Club. This newly constructed patio home offers modern comfort and serene views, with a backyard that overlooks a peaceful pond, giving you the feel of country living while enjoying the convenience of city utilities. Featuring 2 bedrooms and 2 bathrooms, this home showcases an open-concept layout with on-trend finishes throughout. A large quartz-topped island anchors the kitchen, which includes an abundance of cabinetry, open shelving, a stainless-steel appliance package, and beautiful details that make it both functional and inviting. Features include gas fireplace, luxury vinyl plank flooring, oversized windows that flood the home with natural light, main floor primary suite with a large walk-in closet, beautifully appointed bath with double vanity, walk-in tiled shower with dual showerheads. The poured basement includes egress windows and is plumbed for a bathroom, making it easy to finish for additional living space. Enjoy outdoor living from both your covered front and back porches. Enjoy the low-maintenance lifestyle with a low HOA fee that covers lawn care, snow removal and more.

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