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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 40+ datapoints.

Lima, OH Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

6%

Avg Cash on Cash

-3.5%

Median Cashflow

-$104/mo

Avg Rent Estimate

$1,848/mo

Avg Price

$237,911

Price Range

$114,900 - $386,800

Rent to Price

0.78%

okay ratio

Positive Cashflow

33%

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 40+ analyzed datapoints. A median 6% cap rate combined with -3.5% 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 40+ analyzed properties, the median monthly cashflow in Lima, OH is -$104 with average rents of $1,848/month. Properties range from $114,900 to $386,800, offering entry points across multiple investment budgets.

1716 Lakewood Ave, Lima, OH 45805

Price

$187,700

Rent

$2,477

CachFlow

$611

CoC

18.6

Full Analysis

649 Willard Ave, Lima, OH 45804

Price

$194,500

Rent

$1,506

CachFlow

-$132

CoC

-3.88

Full Analysis

1687 Rebecca Dr, Lima, OH 45805

Price

$217,100

Rent

$1,739

CachFlow

-$89

CoC

-2.34

Full Analysis

2023 W Elm St, Lima, OH 45805

Price

$203,400

Rent

$1,796

CachFlow

-$15

CoC

-0.42

Full Analysis

1828 University Blvd, Lima, OH 45805

Price

$174,500

Rent

$1,526

CachFlow

$36

CoC

1.18

Full Analysis
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Lima, OH Rental Market Insights

  • Median cashflow is -$104/month — careful deal selection is essential here
  • 6% median cap rate reflects a balanced risk-return profile
  • At 33% positive cashflow rate, Lima, OH requires selective property picks
  • Moderately priced market with properties from $114,900 to $386,800

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