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
456 Haller Street Lima, OH Welcome to 456 Haller St, a 2 story home that offers 3 bedrooms, 1.5 bath and 1,192 square...	3 beds \| 2 baths \| 1,192 sq.ft.	$144,000	Airbnb cash on cash: 6.86% Traditional cash on cash: 9.01% Airbnb Rental Income: $1723 Traditional Rental Income: $1543 Airbnb ROI: 6.86% Traditional ROI: 9.01%
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: 2.1% Traditional cash on cash: 5.52% Airbnb Rental Income: $1723 Traditional Rental Income: $2279 Airbnb ROI: 2.1% Traditional ROI: 5.52%
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: 2.47% Traditional cash on cash: 6.54% Airbnb Rental Income: $2655 Traditional Rental Income: $3871 Airbnb ROI: 2.47% Traditional ROI: 6.54%
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: 0.86% Traditional cash on cash: 3.64% Airbnb Rental Income: $2655 Traditional Rental Income: $3701 Airbnb ROI: 0.86% Traditional ROI: 3.64%
1664 Pro Drive Lima, OH Welcome to this charming brink ranch with 3 beds 2 baths and 2 half baths situated in the ...	3 beds \| 4 baths \| 2,524 sq.ft.	$284,900	Airbnb cash on cash: 1.74% Traditional cash on cash: 8.55% Airbnb Rental Income: $1723 Traditional Rental Income: $3075 Airbnb ROI: 1.74% Traditional ROI: 8.55%
2304 Chipman Avenue Lima, OH This well-maintained home located in Shawnee School district offers three bedrooms and one...	3 beds \| 1 baths \| 984 sq.ft.	$159,000	Airbnb cash on cash: 6.05% Traditional cash on cash: 6.42% Airbnb Rental Income: $1723 Traditional Rental Income: $1303 Airbnb ROI: 6.05% Traditional ROI: 6.42%
708 Beechwood Place Lima, OH Welcome to 708 Beechwood Place. This 2 story home located in a quiet cul de sac walking di...	4 beds \| 3 baths \| 2,230 sq.ft.	$329,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 7.2% Airbnb Rental Income: $2655 Traditional Rental Income: $3105 Airbnb ROI: 3.7% Traditional ROI: 7.2%
1814 Shawnee Road Lima, OH Welcome to this spacious Shawnee Ranch. 4 bedroom and 3 full bathrooms. Multiple living ...	4 beds \| 3 baths \| 2,927 sq.ft.	$286,000	Airbnb cash on cash: 4.56% Traditional cash on cash: 5.23% Airbnb Rental Income: $2655 Traditional Rental Income: $2204 Airbnb ROI: 4.56% Traditional ROI: 5.23%
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.	$269,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 4.33% Airbnb Rental Income: $1723 Traditional Rental Income: $1723 Airbnb ROI: 2.46% Traditional ROI: 4.33%
1930 W Wayne Street Lima, OH Welcome to 1930 W. Wayne Street! This charming ranch home is perfect for first time homeb...	3 beds \| 1 baths \| 1,192 sq.ft.	$169,900	Airbnb cash on cash: 5.83% Traditional cash on cash: 4.62% Airbnb Rental Income: $1723 Traditional Rental Income: $1052 Airbnb ROI: 5.83% Traditional ROI: 4.62%
439 S Woodlawn Avenue Lima, OH	3 beds \| 1 baths \| 1,352 sq.ft.	$139,900	Airbnb cash on cash: 7.11% Traditional cash on cash: 6.74% Airbnb Rental Income: $1723 Traditional Rental Income: $1198 Airbnb ROI: 7.11% Traditional ROI: 6.74%
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: 2.09% Traditional cash on cash: 5.87% Airbnb Rental Income: $1723 Traditional Rental Income: $2448 Airbnb ROI: 2.09% Traditional ROI: 5.87%
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: 6.56% Traditional cash on cash: 7.87% Airbnb Rental Income: $1723 Traditional Rental Income: $1429 Airbnb ROI: 6.56% Traditional ROI: 7.87%
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.	$124,900	Airbnb cash on cash: 4.88% Traditional cash on cash: 8.2% Airbnb Rental Income: $1312 Traditional Rental Income: $1303 Airbnb ROI: 4.88% Traditional ROI: 8.2%
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.	$415,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.55% Airbnb Rental Income: $1723 Traditional Rental Income: $2587 Airbnb ROI: 1.1% Traditional ROI: 4.55%
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: 4.61% Traditional cash on cash: 9.13% Airbnb Rental Income: $1723 Traditional Rental Income: $2064 Airbnb ROI: 4.61% Traditional ROI: 9.13%
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.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.96% Airbnb Rental Income: $null Traditional Rental Income: $3075 Airbnb ROI: N/A Traditional ROI: 4.96%
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: 6.49% Airbnb Rental Income: $null Traditional Rental Income: $4713 Airbnb ROI: N/A Traditional ROI: 6.49%
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: 5.04% Traditional cash on cash: 6.75% Airbnb Rental Income: $2655 Traditional Rental Income: $2544 Airbnb ROI: 5.04% Traditional ROI: 6.75%
1755 Shawnee Road #607 Lima, OH 6th floor Carlton condo 2 bedrooms 2 baths. Live safe with the secure living at The Carl...	2 beds \| 2 baths \| 1,340 sq.ft.	$119,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 9.43% Airbnb Rental Income: $1312 Traditional Rental Income: $1871 Airbnb ROI: 1.07% Traditional ROI: 9.43%
1755 Shawnee Road #406 Lima, OH Welcome to the Carlton House. This 4th floor unit is conveniently located close to the el...	3 beds \| 2 baths \| 1,565 sq.ft.	$127,500	Airbnb cash on cash: 2.71% Traditional cash on cash: 8.7% Airbnb Rental Income: $1723 Traditional Rental Income: $1981 Airbnb ROI: 2.71% Traditional ROI: 8.7%
305 Bryn Mawr Avenue Lima, OH Adorable ranch style home - Bath School District with tons of updates. All new flooring, ...	2 beds \| 1 baths \| 672 sq.ft.	$118,000	Airbnb cash on cash: 5.3% Traditional cash on cash: 7.03% Airbnb Rental Income: $1312 Traditional Rental Income: $1102 Airbnb ROI: 5.3% Traditional ROI: 7.03%
825 S Elizabeth Street Lima, OH This beautiful home located at 825 S. Elizabeth just hit the market. Don't miss out on you...	3 beds \| 2 baths \| 1,364 sq.ft.	$169,900	Airbnb cash on cash: 5.97% Traditional cash on cash: 9.21% Airbnb Rental Income: $1723 Traditional Rental Income: $1772 Airbnb ROI: 5.97% Traditional ROI: 9.21%
4 Lynn Park Lima, OH Looking for over 2400 square feet home and still have a garage and storage? This home is f...	5 beds \| 3 baths \| 2,440 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.02% Airbnb Rental Income: $null Traditional Rental Income: $2988 Airbnb ROI: N/A Traditional ROI: 10.02%
335 S Scott Street Lima, OH This beautifully remodeled home is now move-in ready for its new owners. The spacious layo...	3 beds \| 1 baths \| 1,310 sq.ft.	$118,990	Airbnb cash on cash: 8.63% Traditional cash on cash: 10.14% Airbnb Rental Income: $1723 Traditional Rental Income: $1420 Airbnb ROI: 8.63% Traditional ROI: 10.14%
1935 W Market Street Lima, OH WOW! Step back in time with this amazing mid century modern home inspired by Frank Lloyd W...	2 beds \| 3 baths \| 2,738 sq.ft.	$239,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 9.42% Airbnb Rental Income: $1312 Traditional Rental Income: $2633 Airbnb ROI: 1.79% Traditional ROI: 9.42%
1380 Latham Avenue Lima, OH Lots of potential in this cap cod! Nice size lot with a 2 car garage that comes with a woo...	3 beds \| 1 baths \| 1,066 sq.ft.	$115,000	Airbnb cash on cash: 7.86% Traditional cash on cash: 9.16% Airbnb Rental Income: $1723 Traditional Rental Income: $1391 Airbnb ROI: 7.86% Traditional ROI: 9.16%
333 W Breese Road Lima, OH Welcome to your new home in Lima! This charming 3-bedroom, 1.5-bathroom house offers a fre...	3 beds \| 2 baths \| 1,313 sq.ft.	$199,000	Airbnb cash on cash: 4.58% Traditional cash on cash: 7.42% Airbnb Rental Income: $1723 Traditional Rental Income: $1782 Airbnb ROI: 4.58% Traditional ROI: 7.42%
6260 Bellefontaine Road Lima, OH Welcome to this charming ranch with 3 bedrooms and 1 full bathroom. Nicely updated with s...	3 beds \| 1 baths \| 1,064 sq.ft.	$179,900	Airbnb cash on cash: 4.84% Traditional cash on cash: 5.39% Airbnb Rental Income: $1723 Traditional Rental Income: $1341 Airbnb ROI: 4.84% Traditional ROI: 5.39%
3271 W Breese Road Lima, OH Welcome to this well-maintained 3 bedroom, 2 bathroom home, located in the highly desirabl...	3 beds \| 2 baths \| 1,428 sq.ft.	$210,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 7.23% Airbnb Rental Income: $1723 Traditional Rental Income: $1902 Airbnb ROI: 3.94% Traditional ROI: 7.23%
6470 MCPHERON Lima, OH WELCOME TO 6470 MCPHERON RD., LIMA--UPDATED 3 BR/1.5 BTH RANCH HOME ON 8.86 ACRES. THIS CH...	3 beds \| 2 baths \| 1,488 sq.ft.	$364,500	Airbnb cash on cash: 1.99% Traditional cash on cash: 4.19% Airbnb Rental Income: $1723 Traditional Rental Income: $1999 Airbnb ROI: 1.99% Traditional ROI: 4.19%
1240 Fairgreen Avenue Lima, OH Stunning updates throughout this spacious 5 bedroom (3 on the main level and an additional...	5 beds \| 3 baths \| 1,356 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.41% Airbnb Rental Income: $null Traditional Rental Income: $2465 Airbnb ROI: N/A Traditional ROI: 6.41%
2628 Pine Shore Drive Lima, OH Welcome to 2628 Pine Shore! This 1-1/2 story brick condo has had 1 owner, and has an exten...	2 beds \| 3 baths \| 1,794 sq.ft.	$312,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 4.08% Airbnb Rental Income: $1312 Traditional Rental Income: $2215 Airbnb ROI: -0.38% Traditional ROI: 4.08%
824 N Main Street Lima, OH Completely updated and move in ready. 3 bedrooms and 1 bathroom with a nice large back yar...	3 beds \| 1 baths \| 1,268 sq.ft.	$139,900	Airbnb cash on cash: 6.07% Traditional cash on cash: 7.35% Airbnb Rental Income: $1723 Traditional Rental Income: $1418 Airbnb ROI: 6.07% Traditional ROI: 7.35%
1824 Clyde Avenue Lima, OH Welcome to 1824 Clyde Ave. This beautiful home offers 2 bedrooms and 1 bath on a nice quie...	2 beds \| 1 baths \| 720 sq.ft.	$119,900	Airbnb cash on cash: 4.49% Traditional cash on cash: 6.6% Airbnb Rental Income: $1312 Traditional Rental Income: $1148 Airbnb ROI: 4.49% Traditional ROI: 6.6%
`1236 Rice Avenue Lima, OH Charming and fully updated, this 3-bedroom home is move-in ready and offers a spacious eat...	3 beds \| 1 baths \| 1,259 sq.ft.	$134,900	Airbnb cash on cash: 6.39% Traditional cash on cash: 7.7% Airbnb Rental Income: $1723 Traditional Rental Income: $1417 Airbnb ROI: 6.39% Traditional ROI: 7.7%
7202 Spencerville Road Lima, OH Shawnee Schools! This could be the FOREVER home in the country you've been waiting for! T...	4 beds \| 4 baths \| 3,619 sq.ft.	$440,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 7.23% Airbnb Rental Income: $2655 Traditional Rental Income: $3638 Airbnb ROI: 3.31% Traditional ROI: 7.23%
1826 Arlington Drive Lima, OH	3 beds \| 2 baths \| 1,832 sq.ft.	$209,900	Airbnb cash on cash: 4.42% Traditional cash on cash: 8.64% Airbnb Rental Income: $1723 Traditional Rental Income: $2087 Airbnb ROI: 4.42% Traditional ROI: 8.64%
1532 George Bingham Drive Lima, OH Discover the perfect blend of comfort and convenience in this charming 3-bedroom, 2-bathro...	3 beds \| 2 baths \| 1,727 sq.ft.	$270,000	Airbnb cash on cash: 2.54% Traditional cash on cash: 6.98% Airbnb Rental Income: $1723 Traditional Rental Income: $2376 Airbnb ROI: 2.54% Traditional ROI: 6.98%
1200 Winterberry Drive Lima, OH 1200 Winterberry is a beautiful 1 owner home nestled in the Shawnee subdivision of Parklan...	4 beds \| 4 baths \| 2,403 sq.ft.	$429,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 5.07% Airbnb Rental Income: $2655 Traditional Rental Income: $3008 Airbnb ROI: 2.62% Traditional ROI: 5.07%

Real Estate investment in Lima, OH

There are 77 properties for sale in the city of Lima . The median list price in Lima is $199,000 and the average price per square foot is $110. In December 2024, the average monthly cash on cash return in Lima is 7.00%. The average monthly rental income in Lima is $1,999.

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

There are 77 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 $1,999.

Your search for investment property begins and ends here

Investment Property for Sale in Lima, OH

456 Haller Street

Lima, OH

3 beds | 2 baths | 1,192 sq.ft.

$144,000

Airbnb cash on cash: 6.86%

Traditional cash on cash: 9.01%

Airbnb Rental Income: $1723

Traditional Rental Income: $1543

Airbnb ROI: 6.86%

Traditional ROI: 9.01%

1970 Shawnee Road

Lima, OH

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

$321,500

Airbnb cash on cash: 2.1%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $1723

Traditional Rental Income: $2279

Airbnb ROI: 2.1%

Traditional ROI: 5.52%

5237 Shores Lane

Lima, OH

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

$485,000

Airbnb cash on cash: 2.47%

Traditional cash on cash: 6.54%

Airbnb Rental Income: $2655

Traditional Rental Income: $3871

Airbnb ROI: 2.47%

Traditional ROI: 6.54%

2298 June Drive

Lima, OH

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

$644,999

Airbnb cash on cash: 0.86%

Traditional cash on cash: 3.64%

Airbnb Rental Income: $2655

Traditional Rental Income: $3701

Airbnb ROI: 0.86%

Traditional ROI: 3.64%

1664 Pro Drive

Lima, OH

3 beds | 4 baths | 2,524 sq.ft.

$284,900

Airbnb cash on cash: 1.74%

Traditional cash on cash: 8.55%

Airbnb Rental Income: $1723

Traditional Rental Income: $3075

Airbnb ROI: 1.74%

Traditional ROI: 8.55%

2304 Chipman Avenue

Lima, OH

3 beds | 1 baths | 984 sq.ft.

$159,000

Airbnb cash on cash: 6.05%

Traditional cash on cash: 6.42%

Airbnb Rental Income: $1723

Traditional Rental Income: $1303

Airbnb ROI: 6.05%

Traditional ROI: 6.42%

708 Beechwood Place

Lima, OH

4 beds | 3 baths | 2,230 sq.ft.

$329,000

Airbnb cash on cash: 3.7%

Traditional cash on cash: 7.2%

Airbnb Rental Income: $2655

Traditional Rental Income: $3105

Airbnb ROI: 3.7%

Traditional ROI: 7.2%

1814 Shawnee Road

Lima, OH

4 beds | 3 baths | 2,927 sq.ft.

$286,000

Airbnb cash on cash: 4.56%

Traditional cash on cash: 5.23%

Airbnb Rental Income: $2655

Traditional Rental Income: $2204

Airbnb ROI: 4.56%