




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 705 W Elm St, Lima, OH, 45801 earns $158/mo cash flow from $1,131/mo rent with a $724/mo payment. Total monthly income totals $1,131/mo, and annual cash flow totals $1,894/yr on $49,062 capital. ROI tracks 23.77% on current figures, and rental yield reads 9.17% at a $148,000 purchase. Equity gained on principal adds $955/yr, and 5% annual appreciation supports $40,890 over five years. Five-year ROI reaches 124.08% and total cumulative return in cash sums $60,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,131/mo property income instead of your personal income.
Single Family
Built in 1920
N/A 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lindsay Miller • Oakridge Realty & Auction Co.
Mls Name: WCAR OH
Mls ID: #308752