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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 8815 Piquad Rd, Lima, OH, 45807 with 5% annual appreciation on a $274,000 basis while $1,110/mo rent supports operations. 76% in year one. Equity gained on principal adds $1,768/yr, and five-year appreciation sums $75,701 alongside rental yield of 4.86%. Five-year ROI measures 54.32% and total cumulative return in cash totals $49,341. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,110/mo property income versus a $1,341/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45807, Lima, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,914 (100%) |
| Owner Occupied HU | 3,797 (77.3%) |
| Renter Occupied HU | 852 (17.3%) |
| Vacant Housing Units | 265 ( 5.4%) |
| Median Home Value | $237,870 |
| Average Home Value | $253,151 |
Residential
5,151
Single Family
4,815
Multi-Family
336
Businesses
287
Date | Event | Price |
|---|---|---|
| 2024-11-17 | Listed for sale | $274,000 |
| 2016-05-09 | Sold | $138,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $2199.57 | -2.17% | $49,070 | N/A |
| 2022-02-15 | $2248.36 | -4.50% | $49,070 | N/A |
| 2021-02-15 | $2354.38 | 22.38% | $49,070 | 21.28% |
Listed by: Collin Etzkorn • Schrader Realty
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305682
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.
