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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 40+ datapoints.

Lima, OH Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

6.2%

Avg Cash on Cash

-3.2%

Median Cashflow

-$103/mo

Avg Rent Estimate

$1,805/mo

Avg Price

$230,024

Price Range

$65,000 - $401,200

Rent to Price

0.78%

okay ratio

Positive Cashflow

37%

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 6.2% cap rate combined with -3.2% 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 40+ analyzed properties, the median monthly cashflow in Lima, OH is -$103 with average rents of $1,805/month. Properties range from $65,000 to $401,200, offering entry points across multiple investment budgets.

6054 Reservoir Rd, Lima, OH 45801

Price

$349,900

Rent

$1,825

CachFlow

-$810

CoC

-13.23

Full Analysis

411 S Collett St, Lima, OH 45805

Price

$65,000

Rent

$1,891

CachFlow

$992

CoC

87.21

Full Analysis

4 Sheffield Ln, Lima, OH 45805

Price

$299,000

Rent

$2,003

CachFlow

-$532

CoC

-10.17

Full Analysis

2507 Debbie Dr, Lima, OH 45807

Price

$330,900

Rent

$2,203

CachFlow

-$498

CoC

-8.6

Full Analysis

2127 Larkspur Dr, Lima, OH 45807

Price

$401,200

Rent

$2,387

CachFlow

-$798

CoC

-11.37

Full Analysis
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Lima, OH Rental Market Insights

  • Median cashflow is -$103/month — careful deal selection is essential here
  • 6.2% median cap rate reflects a balanced risk-return profile
  • At 37% positive cashflow rate, Lima, OH requires selective property picks
  • Moderately priced market with properties from $65,000 to $401,200

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