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.
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