Cash-Flow Properties that cash-flow day one in Lima, OH.
Turnkey rentals in Lima, Ohio positioned for positive cash flow from day one — tenanted, performing, and priced against current rent rolls.
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Cash Flow Properties in Lima, OH
Get alerts on new cash-flow rental deals in Lima and the surrounding OH market. Most close in 12-14 days with cash or hard money.
Why investors target Lima
What you get.
- Tenant-occupied at or near market rent
- Positive cash flow at typical leverage
- Verified rent roll and operating expenses
- PM in place or available locally
Lima estimated snapshot
~$131,000 est. median · ~52 DOM
Trusted by sellers to get cash + terms offers
Trusted by sellers to get cash + terms offers
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How it works
Three steps from “interested” to closed in Lima.
- 01
Set your Lima buy box
Tell us ZIPs, price range, condition, and exit strategy. We filter every new lead through your criteria before it hits your inbox.
- 02
Get deals in your inbox daily
Motivated-seller leads in Lima and surrounding OH markets — verified phone, address, and seller-stated motivation.
- 03
Lock it up and close fast
Most deals close in 12–14 days with cash or hard money. Assign, wholesale, or hold — your call.
Lima investors
Off-market cash-flow rental leads sourced across Lima, OH.
FAQ
Lima cash-flow rental questions.
- What returns are realistic in Lima, Ohio?
- Cash-on-cash returns in the 6-10% range are common at 25% down; higher with creative finance or value-add.
- Are leases current?
- Yes — verified rent roll and lease copies provided in the diligence package on each Lima property.
- Can I 1031 into this?
- Yes. Closings can land in a qualified intermediary account for a Ohio 1031 exchange.
- What if a tenant moves out?
- Most Lima cash-flow listings have strong rent demand; vacancy assumptions of 5-8% are built into the pro-forma.
How this works in Ohio
Cash-flow rental in Ohio: the local rules.
Timeline & foreclosure
Ohio foreclosures take 5–6 months. We can close in 10–14 days — plenty of room to pay off your lender well before any sale.
Ohio is a judicial foreclosure state.
Closing custom
A title company handles closing in Ohio; some counties require attorney involvement. You engage whoever your county requires.
Local demand
Columbus, Cleveland, and Cincinnati are top-tier Midwest cash-buyer markets. Akron, Dayton, and Toledo have the lowest price-per-door in the region and very steady demand.
Lima market context
What makes Lima different.
Lima is a small city of about 86,219 residents in Allen County, OH. Average household income runs roughly $56k, which puts the estimated median home value around $131,000 and typical days-on-market near 52. That mix shapes how cash-flow rental deals price and how fast they trade here — bigger metros see more competing offers, smaller markets see fewer bids per home but cleaner negotiating leverage.
- Population
- 86,219
- County
- Allen
- Est. median home
- ~$131,000
- Typical DOM
- ~52 days
Nearby Ohio markets
Cash-Flow Properties in nearby Ohio cities.
| City | Population | Est. median home | Page |
|---|---|---|---|
| Westerville | 86,678 | ~$388,000 | cash-flow rental |
| Mansfield | 90,038 | ~$184,000 | cash-flow rental |
| Middletown | 78,687 | ~$221,000 | cash-flow rental |
| Warren | 75,779 | ~$181,000 | cash-flow rental |
| Dublin | 72,884 | ~$436,000 | cash-flow rental |
| Springfield | 100,670 | ~$198,000 | cash-flow rental |
Glossary
Key terms for cash-flow rental in Lima.
- ARV (After-Repair Value)
- What the Lima property will sell for once renovated. Drives every offer formula; sanity-check it against sold comps within a half-mile and the last 90 days.
- 70% rule
- Max offer ≈ (ARV × 0.70) − rehab. A starting point, not a law; tight markets routinely transact at 75–80% of ARV.
- Assignment
- Selling your purchase contract to another investor before closing. The end buyer takes title; you collect an assignment fee.
- DSCR loan
- Debt-Service-Coverage-Ratio loan that qualifies on the property's rent — not your personal income. The standard way to scale past Fannie's 10-financed-property cap.
Other options for investors in Lima
More in Lima
Everything we cover for Lima, OH.
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County
Allen County
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Cost to sell
Closing costs in Lima
Local commission, tax, title breakdown.
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Situations in Lima
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Trusted by sellers to get cash + terms offers
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