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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 675 N West St, Lima, OH, 45801 uses $58,013 cash to close to unlock $1,361/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $1,265/mo, and a $857/mo payment keeps the spread at $113/mo. Purchase price stands at $175,000, and rental yield measures 8.67% with $1,265/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 115.99% and total cumulative return in cash records $67,291. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,265/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1910
5,227 sqft 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 |
|---|---|---|
| 2022-12-12 | Sold | $35,000 |
| 2022-11-08 | Listed for sale | $19,300 |
| 2022-08-08 | Sold | $20,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $843.12 | -43.38% | $19,400 | N/A |
| 2022-10-16 | $1489.05 | 70.11% | $19,400 | N/A |
| 2021-10-16 | $875.36 | 5.75% | $19,400 | 19.68% |
Listed by: Shaun Richardson • EXP-Dublin
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305413
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. Information is deemed reliable but not guaranteed.
