Is Lima, OH a good place to invest in rental property?

Lima, OH has a median modeled monthly cash flow of $161 and a median cap rate of 7.7%, on a median sold price of $157,000. Prices changed +7.1% year over year.

What is the average cap rate in Lima, OH?

The median cap rate across recently sold homes in Lima, OH is 7.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lima, OH?

The median sold price in Lima, OH is $157,000 (about $120 per square foot).

Investing in Lima, OH Real Estate

#195 cash-flow market in the U.S.

A data-driven snapshot of the Lima, OH rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$157,000Median sold price

$120Median $/sqft

7.7%Median cap rate

$161Modeled cash flow / mo

+7.1%Appreciation YoY

8.1Months of supply

325Active listings

483Sold (last 12 mo)

What the Lima numbers say

In Lima, OH, the median home sold for $157,000 (about $120 per square foot), and the typical deal models out to a 7.7% cap rate with a median $161 of monthly cash flow. Sold prices moved +7.1% over the past year. Inventory sits at about 8.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Ohio markets to compare

See Lima cash-flowing listings

CashFlowRE ranks every for-sale home in Lima, OH by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Lima deals, or browse the national market data.