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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 6480 McPheron Rd, Lima, OH, 45804 uses $72,897 cash to close to unlock $8,554/yr annual cash flow and $713/mo monthly cash flow. Total monthly income runs $2,159/mo, and a $1,076/mo payment keeps the spread at $713/mo. Purchase price stands at $219,900, and rental yield measures 11.78% with $2,159/mo rent. Return on cash invested shows 31.64% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 166.3% and total cumulative return in cash records $121,228. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,159/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45804, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,766 (100%) |
| Owner Occupied HU | 3,189 (47.1%) |
| Renter Occupied HU | 2,826 (41.8%) |
| Vacant Housing Units | 751 (11.1%) |
| Median Home Value | $92,500 |
| Average Home Value | $135,487 |
Residential
6,395
Single Family
5,752
Multi-Family
643
Businesses
577
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: Lynn Culver • Berkshire Hathaway Professional Realty
Mls Name: WCAR OH
Mls ID: #307431
