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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 814 S Nixon Ave, Lima, OH, 45805 offers a 12.6% rental yield on a $165,000 purchase with $1,733/mo rent. Total monthly income registers $1,733/mo, and a $808/mo payment leaves $647/mo available for distribution. Annual cash flow reaches $7,767/yr on $54,698 to close, and return on cash invested stands at 34.11% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 179.57% and total cumulative return in cash at $98,219. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,733/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45805, Lima, OH area.
| 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 |
Residential
10,159
Single Family
9,437
Multi-Family
722
Businesses
680
Date | Event | Price |
|---|---|---|
| 2025-06-13 | Sold | $165,000 |
| 2025-05-15 | Pending sale | $160,000 |
| 2025-05-09 | Listed for sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $1284.86 | 12.25% | $35,490 | 30.00% |
| 2023-10-19 | $1144.60 | -0.52% | $27,300 | N/A |
| 2022-10-19 | $1150.58 | -5.48% | $27,300 | N/A |
Listed by: Tricia Ciminillo • Berkshire Hathaway Professional Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307001
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.
