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REI Lense

Lima, OH Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Lima, OH. Based on 30+ datapoints.

Lima, OH Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

5.6%

Avg Cash on Cash

-4.1%

Median Cashflow

-$150/mo

Avg Rent Estimate

$1,854/mo

Avg Price

$240,089

Price Range

$114,900 - $346,300

Rent to Price

0.77%

okay ratio

Positive Cashflow

28%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Lima, OH

Lima, OH presents a balanced long-term rental investment profile across 30+ analyzed datapoints. A median 5.6% cap rate combined with -4.1% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.

Based on 30+ analyzed properties, the median monthly cashflow in Lima, OH is -$150 with average rents of $1,854/month. Properties range from $114,900 to $346,300, offering entry points across multiple investment budgets.

3115 Loescher Rd, Lima, OH 45801

Price

$320,000

Rent

$1,344

CachFlow

-$873

CoC

-15.59

Full Analysis

1675 Rebecca Dr, Lima, OH 45805

Price

$229,900

Rent

$1,769

CachFlow

-$103

CoC

-2.56

Full Analysis

814 Mackenzie Dr, Lima, OH 45805

Price

$166,100

Rent

$1,752

CachFlow

$242

CoC

8.33

Full Analysis

6390 Spencerville Rd, Lima, OH 45806

Price

$256,000

Rent

$2,322

CachFlow

$155

CoC

3.46

Full Analysis

3015 Hummingbird St, Lima, OH 45807

Price

$220,600

Rent

$1,925

CachFlow

-$54

CoC

-1.4

Full Analysis
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Lima, OH Rental Market Insights

  • Median cashflow is -$150/month — careful deal selection is essential here
  • 5.6% median cap rate reflects a balanced risk-return profile
  • At 28% positive cashflow rate, Lima, OH requires selective property picks
  • Moderately priced market with properties from $114,900 to $346,300

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