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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% |
Rental property for sale in Lima at 7 Cotner Rd, Lima, OH, 45807 offers $3,593/mo rent that, after a $1,686/mo payment, leaves $1,327/mo cash flow. Total monthly income is $3,593/mo, and annual cash flow is $15,925/yr on $114,202 cash. Return on cash invested measures 33.85% in year one, and rental yield stands at 12.52% at a $344,500 entry. Equity gained on principal adds $2,223/yr while 5% annual appreciation compounds into $95,179 by year five. Five-year ROI records 178.17% and total cumulative return in cash reaches $203,475. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,593/mo property income versus a $1,686/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
| 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 |
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
Date | Event | Price |
|---|---|---|
| 2025-02-21 | Listing removed | $500,000 |
| 2024-03-08 | Listed for sale | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
