765 Ewing AveLimaOH45801
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Lima at 765 Ewing Ave, Lima, OH, 45801 priced at $177,000 pairs $1,518/mo rent with $354/mo cash flow after a $866/mo payment. Total monthly income equals $1,518/mo, and annual cash flow comes to $4,249/yr on $58,676 invested. Return on cash invested is 27.15% in year one, and rental yield stands at 10.29% on a $177,000 basis. Equity gained on principal adds $1,142/yr, and 5% annual appreciation accumulates to $48,902 by year five. Five-year ROI measures 142.26% and total cumulative return in cash reaches $83,471. For financing, Ziffy Mortgage’s DSCR program evaluates $1,518/mo property income against a $866/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45801, Lima, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,139
Single Family
8,199
Multi-Family
940
Businesses
748
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