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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 974 Richie Ave, Lima, OH, 45805 earns $465/mo cash flow from $1,688/mo rent with a $910/mo payment. Total monthly income totals $1,688/mo, and annual cash flow totals $5,579/yr on $61,659 capital. ROI tracks 28.96% on current figures, and rental yield reads 10.89% at a $186,000 purchase. Equity gained on principal adds $1,200/yr, and 5% annual appreciation supports $51,388 over five years. Five-year ROI reaches 151.87% and total cumulative return in cash sums $93,640. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,688/mo property income instead of your personal income.
Single Family
Built in 1917
6,098 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jennifer Stemen • Superior Plus Realtors
Mls Name: WCAR OH
Mls ID: #308928
