810 Lutz RdLimaOH45801
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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
Investment property for sale in Lima at 810 Lutz Rd, Lima, OH, 45801 at $160,000 posts ROI 24.19% with $189/mo cash flow from $1,244/mo rent. Total monthly income equals $1,244/mo, and annual cash flow records $2,271/yr on $53,040 to close. Return on cash invested measures 24.19% and rental yield reads 9.33% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 126.43% and total cumulative return in cash totals $67,058.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,244/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1938
0.89 Acres 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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Listed by: Angela Rasor • Serenity Realty LLC
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306862
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.