








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 960 N Elizabeth St, Lima, OH, 45801 offers a 12.5% rental yield on a $175,000 purchase with $1,823/mo rent. Total monthly income registers $1,823/mo, and a $857/mo payment leaves $671/mo available for distribution. Annual cash flow reaches $8,057/yr on $58,013 to close, and return on cash invested stands at 33.8% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 177.88% and total cumulative return in cash at $103,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,823/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45801, Lima, OH area.
| 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 |
Residential
9,139
Single Family
8,199
Multi-Family
940
Businesses
748
Date | Event | Price |
|---|---|---|
| 2025-09-03 | Sold | $175,000 |
| 2025-08-01 | Pending sale | $175,000 |
| 2025-07-23 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $421.54 | -59.99% | $10,150 | -59.29% |
| 2023-10-24 | $1053.47 | 0.11% | $24,930 | N/A |
| 2022-10-24 | $1052.31 | -5.67% | $24,930 | N/A |



Listed by: Kyle Bushong • Cowan, Realtors
Mls Name: WCAR OH
Mls Provider:
Mls ID: #307753
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.