801 S Glenwood AveLimaOH45805
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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
Investment property for sale in Lima at 801 S Glenwood Ave, Lima, OH, 45805 with 5% annual appreciation on a $172,500 basis while $2,030/mo rent supports operations. Total monthly income totals $2,030/mo and a $844/mo payment preserves $896/mo for cash returns. Annual cash flow comes to $10,747/yr on $57,184 deployed, and return on cash invested reaches 38.7% in year one. Equity gained on principal adds $1,113/yr, and five-year appreciation sums $47,659 alongside rental yield of 14.12%. Five-year ROI measures 204.17% and total cumulative return in cash totals $116,750.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,030/mo property income versus a $844/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45805, Lima, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,750 (100%) |
| Owner Occupied HU | 6,258 (58.2%) |
| Renter Occupied HU | 3,628 (33.7%) |
| Vacant Housing Units | 864 ( 8.0%) |
| Median Home Value | $189,364 |
| Average Home Value | $209,071 |
Housing Distribution
Address Breakdown
Residential
10,159
Single Family
9,437
Multi-Family
722
Businesses
680
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Listed by: Zachary Collins • eXp Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306985
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.