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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

-4.2%

Median Cashflow

-$150/mo

Avg Rent Estimate

$1,829/mo

Avg Price

$232,875

Price Range

$114,900 - $342,900

Rent to Price

0.79%

okay ratio

Positive Cashflow

29%

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 -4.2% 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 $1,829/month. Properties range from $114,900 to $342,900, offering entry points across multiple investment budgets.

2164 E 4th St, Lima, OH 45804

Price

$244,300

Rent

$1,513

CachFlow

-$417

CoC

-9.75

Full Analysis

1771 Plainfield Dr, Lima, OH 45805

Price

$214,400

Rent

$1,949

CachFlow

$30

CoC

0.8

Full Analysis

2551 Debbie Dr, Lima, OH 45807

Price

$305,300

Rent

$1,988

CachFlow

-$419

CoC

-7.84

Full Analysis

1811 Mound Rd, Lima, OH 45805

Price

$180,600

Rent

$1,718

CachFlow

$134

CoC

4.24

Full Analysis

2823 Sherwood Dr, Lima, OH 45805

Price

$289,200

Rent

$1,963

CachFlow

-$376

CoC

-7.43

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 29% positive cashflow rate, Lima, OH requires selective property picks
  • Moderately priced market with properties from $114,900 to $342,900

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