6585 Ottawa Rd, Lima, OH, 45807 | $601/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6585 Ottawa Rd, Lima, OH, 45807 | $601/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lima at 6585 Ottawa Rd, Lima, OH, 45807 generates $2,179/mo in rent and, after a $1,174/mo payment, leaves $601/mo in cash flow. Total monthly income is $2,179/mo, and annual cash flow is $7,214/yr on $79,527 invested. Return on cash invested sits at 28.98% in year one, and rental yield is 10.9% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 152.03% and total cumulative return in cash sums $120,907. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,179/mo property income rather than buyer’s personal income.

Single Family

Built in 1955

0.69 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this spacious 3-bedroom, 1.5-bath home in Bath School District, featuring a finished basement and attached 2-car garage with breezeway. The main floor offers a comfortable living room with a wood-burning fireplace, a kitchen open to the dining area, a full bath, and two bedrooms including the primary bedroom with an attached 3-season room. Step out from the sunroom to a large deck and patio overlooking a private backyard with no rear neighbors and peaceful views of open fields. Upstairs you'll find a large landing areaideal for a sitting room, play area, or officeand a spacious bedroom with two closets, built-in storage, and a convenient half bath. The finished basement includes a cozy family room with a second wood-burning fireplace, laundry area with shower, and plenty of extra storage space. Additional features include a sump pump and gas boiler heating system. A wonderful combination of comfort, space, and privacy just minutes from town!

Neighborhood Data

Neighborhood data shown for ZIP Code: 45807, Lima, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,914 (100%)
Owner Occupied HU	3,797 (77.3%)
Renter Occupied HU	852 (17.3%)
Vacant Housing Units	265 ( 5.4%)
Median Home Value	$237,870
Average Home Value	$253,151