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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 931 Richie Ave, Lima, OH, 45805 at $129,500 posts ROI 24.21% with $154/mo cash flow from $1,006/mo rent. Total monthly income equals $1,006/mo, and annual cash flow records $1,848/yr on $42,929 to close. Return on cash invested measures 24.21% and rental yield reads 9.32% at the current $129,500. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 by year five. Five-year ROI prints 126.55% and total cumulative return in cash totals $54,326.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,006/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
4,356 sqft 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 |
|---|---|---|
| 2025-07-14 | Listed for sale | $129,500 |
| 2025-06-19 | Listing removed | $129,500 |
| 2025-06-18 | Price change | $129,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-16 | $605.26 | -7.99% | $15,370 | 14.02% |
| 2023-07-16 | $657.80 | 8.06% | $13,480 | N/A |
| 2022-07-16 | $608.72 | -5.46% | $13,480 | N/A |
Listed by: Eric Schomber • EXP Realty-Dublin
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306110
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.
