Real Estate Investment Properties for Sale in Lima, OH

Looking for investment property in Lima, OH with high ROI ?

Explore a variety of short-term homes & houses in Lima, OH. Invest wisely with VRBO & Lima, OH Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Lima, OH

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2445 Sherwood Drive Lima, OH Lovely home located in the popular Sherwood subdivision! Just minutes from UNOH, you will ...	4 beds \| 2 baths \| 1,736 sq.ft.	$229,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.92% Airbnb Rental Income: $null Traditional Rental Income: $2126 Airbnb ROI: N/A Traditional ROI: 7.92%
3051 Inwood Drive Lima, OH Don't miss out on this beautiful Shawnee Ranch home. It offers 3 bedrooms, 2.5 baths. La...	3 beds \| 3 baths \| 1,956 sq.ft.	$269,900	Airbnb cash on cash: 1.63% Traditional cash on cash: 7.7% Airbnb Rental Income: $1341 Traditional Rental Income: $2474 Airbnb ROI: 1.63% Traditional ROI: 7.7%
1525 Crayton Avenue Lima, OH WOW - 2.5 Acre lot in Shawnee with city utilities. Welcome to 1525 Crayton Ave! Loaded wi...	4 beds \| 3 baths \| 2,541 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.29% Airbnb Rental Income: $null Traditional Rental Income: $2988 Airbnb ROI: N/A Traditional ROI: 6.29%
2700 Spencerville Road Lima, OH Experience the warmth of 2700 Spencerville Road, a beautiful three-bedroom, two-bathroom h...	3 beds \| 2 baths \| 1,921 sq.ft.	$279,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 5.98% Airbnb Rental Income: $1341 Traditional Rental Income: $2221 Airbnb ROI: 1.06% Traditional ROI: 5.98%
1970 Shawnee Road Lima, OH Mid-Century Modern Ranch with Frank Lloyd Wright Inspired design. Large private wooded lot...	3 beds \| 2 baths \| 2,077 sq.ft.	$321,500	Airbnb cash on cash: 1.05% Traditional cash on cash: 5.55% Airbnb Rental Income: $1341 Traditional Rental Income: $2288 Airbnb ROI: 1.05% Traditional ROI: 5.55%
5237 Shores Lane Lima, OH Exceptional 4 Bedroom, 3.5 Bath on over 2.6 acres with pond access. Custom home nestled o...	4 beds \| 4 baths \| 3,844 sq.ft.	$485,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.82% Airbnb Rental Income: $null Traditional Rental Income: $4451 Airbnb ROI: N/A Traditional ROI: 7.82%
2298 June Drive Lima, OH Do not miss viewing this BEAUTIFUL three Story Southern Colonial Home....... a rare find i...	4 beds \| 4 baths \| 4,800 sq.ft.	$644,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $3640 Airbnb ROI: N/A Traditional ROI: 3.54%
648 Cortlandt Avenue Lima, OH Cute North end cape cod. Two first-floor bedrooms and a huge bedroom upstairs, large eat-i...	3 beds \| 1 baths \| 1,141 sq.ft.	$88,000	Airbnb cash on cash: 8.23% Traditional cash on cash: 11.09% Airbnb Rental Income: $1341 Traditional Rental Income: $1175 Airbnb ROI: 8.23% Traditional ROI: 11.09%
1664 Pro Drive Lima, OH This 3 Bedroom / 2 Full-2 Half Bath / Shawnee School District ranch features 2 living area...	3 beds \| 4 baths \| 2,524 sq.ft.	$294,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 8.77% Airbnb Rental Income: $1341 Traditional Rental Income: $2958 Airbnb ROI: 1.47% Traditional ROI: 8.77%
3007 Vera Way Lima, OH Very nice Condo 2 bedroom, 1 1/2 bath with newer counters, paint and carpet. Condo living...	2 beds \| 2 baths \| 900 sq.ft.	$175,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 6.21% Airbnb Rental Income: $1661 Traditional Rental Income: $1607 Airbnb ROI: 3.74% Traditional ROI: 6.21%
108 Highland Lakes Drive Lima, OH RARE FIND! Unique ranch in Highland Lakes with lots of extras! This 2-bed, 2 bath home is ...	2 beds \| 2 baths \| 1,756 sq.ft.	$399,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 5.04% Airbnb Rental Income: $1661 Traditional Rental Income: $2541 Airbnb ROI: 1.45% Traditional ROI: 5.04%
2038 Rosewood Lane Lima, OH This newly renovated ranch-style home, situated on a desirable corner lot, offers three sp...	3 beds \| 2 baths \| 1,665 sq.ft.	$279,900	Airbnb cash on cash: 1.13% Traditional cash on cash: 4.14% Airbnb Rental Income: $1341 Traditional Rental Income: $1723 Airbnb ROI: 1.13% Traditional ROI: 4.14%
1421 Shawnee Road Lima, OH Uniquely designed, beautiful brick French Chateau style home on a spacious, private lot. ...	4 beds \| 4 baths \| 3,204 sq.ft.	$545,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.52% Airbnb Rental Income: $null Traditional Rental Income: $3616 Airbnb ROI: N/A Traditional ROI: 4.52%
633 Flanders Avenue Lima, OH Welcome to 633 Flanders Ave. This 3 bedroom home sits on a corner lot with a fenced rear y...	3 beds \| 1 baths \| 1,156 sq.ft.	$110,000	Airbnb cash on cash: 6.09% Traditional cash on cash: 7.43% Airbnb Rental Income: $1341 Traditional Rental Income: $1071 Airbnb ROI: 6.09% Traditional ROI: 7.43%
3410 Greens Road Lima, OH Welcome to 3140 Greens Road! This beautiful, completely updated ranch in Shawnee Township...	3 beds \| 3 baths \| 1,944 sq.ft.	$338,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 4.76% Airbnb Rental Income: $1341 Traditional Rental Income: $2094 Airbnb ROI: 1.09% Traditional ROI: 4.76%
3969 Ft. Amanda Road Lima, OH Welcome to this beautifully updated Shawnee home situated on a large lot of 1.29 acres. I...	3 beds \| 2 baths \| 1,652 sq.ft.	$239,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 4.88% Airbnb Rental Income: $1341 Traditional Rental Income: $1530 Airbnb ROI: 2.22% Traditional ROI: 4.88%
2790 Shagbark Drive Lima, OH Welcome to 2790 Shagbark Drive! This unique build is full of custom options and boasts ple...	5 beds \| 8 baths \| 4,923 sq.ft.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.28% Airbnb Rental Income: $null Traditional Rental Income: $5447 Airbnb ROI: N/A Traditional ROI: 4.28%
1219 Brice Avenue Lima, OH Nice investment opportunity or new home. 3 bed 1 bath. 2021 updates include kitchen remod...	3 beds \| 1 baths \| 1,570 sq.ft.	$90,000	Airbnb cash on cash: 7.66% Traditional cash on cash: 10.97% Airbnb Rental Income: $1341 Traditional Rental Income: $1220 Airbnb ROI: 7.66% Traditional ROI: 10.97%
3676 Comanche Drive Lima, OH NEW CONSTRUCTION in Country Aire Estates on Comanche Drive. This beautiful newly built hom...	4 beds \| 2 baths \| 2,106 sq.ft.	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.04% Airbnb Rental Income: $null Traditional Rental Income: $2683 Airbnb ROI: N/A Traditional ROI: 4.04%
1211 W Elm St Lima, OH Take a look at this charming 2 story home on a great corner lot. You don't want to miss t...	3 beds \| 1 baths \| 1,290 sq.ft.	$145,000	Airbnb cash on cash: 4.27% Traditional cash on cash: 5.91% Airbnb Rental Income: $1341 Traditional Rental Income: $1157 Airbnb ROI: 4.27% Traditional ROI: 5.91%
1420 N Central Avenue Lima, OH Motivated Seller This cozy, three bedroom, one bath is ready to find its new owner. L...	3 beds \| 1 baths \| 864 sq.ft.	$112,000	Airbnb cash on cash: 6.45% Traditional cash on cash: 7.37% Airbnb Rental Income: $1341 Traditional Rental Income: $1028 Airbnb ROI: 6.45% Traditional ROI: 7.37%
606 W Elm Street Lima, OH Welcome to 606 W Elm, This home offers 3 bedrooms and 1 bath with a huge living room and m...	3 beds \| 1 baths \| 1,696 sq.ft.	$84,900	Airbnb cash on cash: 7.6% Traditional cash on cash: 10.33% Airbnb Rental Income: $1341 Traditional Rental Income: $1156 Airbnb ROI: 7.6% Traditional ROI: 10.33%
940 N Main Street Lima, OH Welcome Home! This home has been restored from the studs to the street! All new gas lines....	5 beds \| 2 baths \| 2,037 sq.ft.	$248,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $1987 Airbnb ROI: N/A Traditional ROI: 6.6%
1253 Latham Avenue Lima, OH Welcome to 1253 Latham Ave. This 2 bedroom 1 bath home is ready for new owners. This home ...	2 beds \| 1 baths \| 1,066 sq.ft.	$134,900	Airbnb cash on cash: 6.71% Traditional cash on cash: 6.3% Airbnb Rental Income: $1661 Traditional Rental Income: $1142 Airbnb ROI: 6.71% Traditional ROI: 6.3%
1720 Northbrook Drive Lima, OH Welcome to this beautiful home which was featured in the 1981 Parade of Homes. Offering 3 ...	3 beds \| 2 baths \| 1,722 sq.ft.	$249,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.08% Airbnb Rental Income: $1341 Traditional Rental Income: $1812 Airbnb ROI: 1.34% Traditional ROI: 5.08%
338 S Charles Street Lima, OH This beautiful 3-bedroom 1.5 bath, remodeled home has so much to offer! Spacious open floo...	3 beds \| 2 baths \| 2,024 sq.ft.	$240,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 6.4% Airbnb Rental Income: $1341 Traditional Rental Income: $1887 Airbnb ROI: 2.17% Traditional ROI: 6.4%
1960 S Grubb Road Lima, OH Secluded behind trees this property features a modern spacious home with strorage everywhe...	3 beds \| 3 baths \| 2,240 sq.ft.	$425,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 4.04% Airbnb Rental Income: $1341 Traditional Rental Income: $2437 Airbnb ROI: 0.25% Traditional ROI: 4.04%
2371 Mandolin Drive Lima, OH Welcome to 2371 Mandolin drive. Located in Elida school district and close to shopping and...	3 beds \| 2 baths \| 1,498 sq.ft.	$190,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 7.08% Airbnb Rental Income: $1341 Traditional Rental Income: $1694 Airbnb ROI: 2.84% Traditional ROI: 7.08%
5111 Surrey Lane Lima, OH Come see this charming 5-bedroom, 3-bath house nestled in a beautiful family-friendly subd...	5 beds \| 3 baths \| 2,610 sq.ft.	$474,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.89% Airbnb Rental Income: $null Traditional Rental Income: $2795 Airbnb ROI: N/A Traditional ROI: 3.89%
1525 Shawnee Road Lima, OH Welcome to 1525 Shawnee Road. This traditional Colonial is located on 1.94 acres directly ...	5 beds \| 5 baths \| 5,451 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.68% Airbnb Rental Income: $null Traditional Rental Income: $4814 Airbnb ROI: N/A Traditional ROI: 6.68%
3339 Rountree Street Lima, OH Welcome to Roundtree Dr. This home is above Par! Established neighborhood with mature tre...	4 beds \| 3 baths \| 2,356 sq.ft.	$337,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $2424 Airbnb ROI: N/A Traditional ROI: 5.69%
1574 W Wayne Street Lima, OH This charming home offers 3 bedrooms and one full bathroom. This home is 1307 sq ft! The h...	3 beds \| 1 baths \| 1,307 sq.ft.	$114,900	Airbnb cash on cash: 5.62% Traditional cash on cash: 7.91% Airbnb Rental Income: $1341 Traditional Rental Income: $1183 Airbnb ROI: 5.62% Traditional ROI: 7.91%
5073 Hummingbird Street Lima, OH Welcome to your dream home! This stunning 5-bedroom, 2.5-bathroom property, situated in th...	5 beds \| 3 baths \| 2,900 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.11% Airbnb Rental Income: $null Traditional Rental Income: $2880 Airbnb ROI: N/A Traditional ROI: 6.11%
2900 Makley Drive Lima, OH Welcome to 2900 Makley Drive located behind LCC. This is a beautiful, well maintained br...	3 beds \| 2 baths \| 1,472 sq.ft.	$207,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 6.13% Airbnb Rental Income: $1341 Traditional Rental Income: $1694 Airbnb ROI: 2.25% Traditional ROI: 6.13%
221 S Scott Street Lima, OH BACK ON MARKET AT NO FAULT TO THE HOME Welcome to 221 S. Scott St! This beautifully upd...	4 beds \| 1 baths \| 1,464 sq.ft.	$129,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.59% Airbnb Rental Income: $null Traditional Rental Income: $1349 Airbnb ROI: N/A Traditional ROI: 8.59%
4789 Harding Highway Lima, OH Welcome to your dream country retreat! Nestled on 5 serene acres, this 3-4 bedroom, 2-bath...	4 beds \| 3 baths \| 1,852 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.57% Airbnb Rental Income: $null Traditional Rental Income: $2184 Airbnb ROI: N/A Traditional ROI: 5.57%
592 Lakeridge Drive Lima, OH What a view! This home is located on a premium lot overlooking the pond. 2022 Redman Manu...	4 beds \| 2 baths \| 1,536 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.81% Airbnb Rental Income: $null Traditional Rental Income: $1933 Airbnb ROI: N/A Traditional ROI: 10.81%
225 Haller Street Lima, OH Check out this cozy 1 bedroom with the possibility of a 2nd bedroom home. New plumbing, su...	1 beds \| 1 baths \| 931 sq.ft.	$67,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 6.67% Airbnb Rental Income: $553 Traditional Rental Income: $664 Airbnb ROI: 0.79% Traditional ROI: 6.67%
608 Meadowbrook Drive Lima, OH You don't want to miss out on this beautiful 3 bed 1 bath house with a fenced in backyard ...	3 beds \| 1 baths \| 1,260 sq.ft.	$157,000	Airbnb cash on cash: 4.26% Traditional cash on cash: 6.54% Airbnb Rental Income: $1341 Traditional Rental Income: $1270 Airbnb ROI: 4.26% Traditional ROI: 6.54%
2661 Stonywood Drive Lima, OH Beautiful home with 3 bedrooms and 2 bath, located in a quiet cul-de-sac. This home has on...	3 beds \| 2 baths \| 1,679 sq.ft.	$267,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 7.01% Airbnb Rental Income: $1341 Traditional Rental Income: $2267 Airbnb ROI: 1.7% Traditional ROI: 7.01%

Real Estate investment in Lima, OH

There are 83 properties for sale in the city of Lima . The median list price in Lima is $179,400 and the average price per square foot is $103. In November 2024, the average monthly cash on cash return in Lima is 7.00%. The average monthly rental income in Lima is $1,797.

Lima, OH Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 83 investment properties available for sale in Lima.

In 2024, the best neighborhood to buy investment property is Lima.

The ROI for Long-Term is higher than the Short-Term in Lima with average rental income of $1,797.

Your search for investment property begins and ends here

Investment Property for Sale in Lima, OH

2445 Sherwood Drive

Lima, OH

4 beds | 2 baths | 1,736 sq.ft.

$229,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2126

Airbnb ROI: N/A

Traditional ROI: 7.92%

3051 Inwood Drive

Lima, OH

3 beds | 3 baths | 1,956 sq.ft.

$269,900

Airbnb cash on cash: 1.63%

Traditional cash on cash: 7.7%

Airbnb Rental Income: $1341

Traditional Rental Income: $2474

Airbnb ROI: 1.63%

Traditional ROI: 7.7%

1525 Crayton Avenue

Lima, OH

4 beds | 3 baths | 2,541 sq.ft.

$365,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.29%

Airbnb Rental Income: $null

Traditional Rental Income: $2988

Airbnb ROI: N/A

Traditional ROI: 6.29%

2700 Spencerville Road

Lima, OH

3 beds | 2 baths | 1,921 sq.ft.

$279,000

Airbnb cash on cash: 1.06%

Traditional cash on cash: 5.98%

Airbnb Rental Income: $1341

Traditional Rental Income: $2221

Airbnb ROI: 1.06%

Traditional ROI: 5.98%

1970 Shawnee Road

Lima, OH

3 beds | 2 baths | 2,077 sq.ft.

$321,500

Airbnb cash on cash: 1.05%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $1341

Traditional Rental Income: $2288

Airbnb ROI: 1.05%

Traditional ROI: 5.55%

5237 Shores Lane

Lima, OH

4 beds | 4 baths | 3,844 sq.ft.

$485,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.82%

Airbnb Rental Income: $null

Traditional Rental Income: $4451

Airbnb ROI: N/A

Traditional ROI: 7.82%

2298 June Drive

Lima, OH

4 beds | 4 baths | 4,800 sq.ft.

$644,999

Airbnb cash on cash: N/A

Traditional cash on cash: 3.54%

Airbnb Rental Income: $null

Traditional Rental Income: $3640

Airbnb ROI: N/A

Traditional ROI: 3.54%

648 Cortlandt Avenue

Lima, OH

3 beds | 1 baths | 1,141 sq.ft.

$88,000

Airbnb cash on cash: 8.23%

Traditional cash on cash: 11.09%

Airbnb Rental Income: $1341

Traditional Rental Income: $1175

Airbnb ROI: 8.23%