








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 706 Bristol Ave, Lima, OH, 45804 uses $49,725 cash to close to unlock $16,602/yr annual cash flow and $1,384/mo monthly cash flow. Total monthly income runs $2,370/mo, and a $734/mo payment keeps the spread at $1,384/mo. Purchase price stands at $150,000, and rental yield measures 18.96% with $2,370/mo rent. Return on cash invested shows 53.3% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 282.46% and total cumulative return in cash records $140,454. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,370/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1947
6,534 sqft 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 |
|---|---|---|
| 2024-09-11 | Listed for sale | $150,000 |
| 2023-06-20 | Sold | $143,000 |
| 2023-06-13 | Pending sale | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-14 | $1498.21 | -1.13% | $33,250 | N/A |
| 2022-09-14 | $1515.40 | -0.31% | $33,250 | N/A |
| 2021-09-14 | $1520.08 | 16.74% | $33,250 | 24.81% |



Listed by: Jaylene Smith • Dye Real Estate & Land Company
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305035
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.