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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2964 Hanover Dr Dr Lima, OH Welcome to 2964 Hanover Dr! A cozy 3 bed, 2 full bath ranch style home situated in Shawnee...	3 beds \| 2 baths \| 1,704 sq.ft.	$227,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $2047 Airbnb ROI: N/A Traditional ROI: 6.6%
2275 N Cable Road unit: 25 #25 Lima, OH Welcome to this highly sought after Gatehouse first floor condo located in the Elida Schoo...	2 beds \| 1 baths \| 816 sq.ft.	$82,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.8% Airbnb Rental Income: $null Traditional Rental Income: $1112 Airbnb ROI: N/A Traditional ROI: 7.8%
426 S Baxter St Lima, OH Look at this lovely home for sale! Great home or investment! Move right in! This 1664 squa...	3 beds \| 1 baths \| 1,664 sq.ft.	$146,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $874 Airbnb ROI: N/A Traditional ROI: 3.71%
1421 Shawnee Rd Lima, OH Welcome to a truly exceptional property offering space, privacy, and improved comfort. Sit...	4 beds \| 3 baths \| 3,204 sq.ft.	$559,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.48% Airbnb Rental Income: $null Traditional Rental Income: $3688 Airbnb ROI: N/A Traditional ROI: 4.48%
949 Leland Ave Lima, OH Investors! TURNKEY, tenant occupied property! Ready to go! This 3 bedroom, one full bath h...	2 beds \| 1 baths \| 1,136 sq.ft.	$122,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.42% Airbnb Rental Income: $null Traditional Rental Income: $1381 Airbnb ROI: N/A Traditional ROI: 9.42%
1210 E Market St Lima, OH Investors! Look at this turnkey 3 Bedroom, 1 Bath home in Lima! Great tenant, occupied at ...	3 beds \| 1 baths \| 1,468 sq.ft.	$99,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.04% Airbnb Rental Income: $null Traditional Rental Income: $950 Airbnb ROI: N/A Traditional ROI: 7.04%
725 E Vine St Lima, OH Investors! Look at this value add investment project property ready for your renovations! ...	3 beds \| 1 baths \| 1,264 sq.ft.	$67,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.95% Airbnb Rental Income: $null Traditional Rental Income: $925 Airbnb ROI: N/A Traditional ROI: 9.95%
817 E Eureka St Lima, OH Investors! Look at this turnkey 3 Bedroom, 1.5 Bath home in Lima! Great tenant, occupied a...	3 beds \| 1 baths \| 1,816 sq.ft.	$97,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.62% Airbnb Rental Income: $null Traditional Rental Income: $1060 Airbnb ROI: N/A Traditional ROI: 8.62%
485 S Mumaugh Rd Lima, OH Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	4 beds \| 2 baths \| 4,125 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.08% Airbnb Rental Income: $null Traditional Rental Income: $1606 Airbnb ROI: N/A Traditional ROI: 1.08%
1408 Winghaven Drive Lima, OH Discover this inviting and one-of-a-kind residence featuring 3 bedrooms and 2.5 bathrooms....	3 beds \| 2 baths \| 2,126 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.34% Airbnb Rental Income: $null Traditional Rental Income: $2712 Airbnb ROI: N/A Traditional ROI: 8.34%
520 Orena Ave Lima, OH Welcome to this beautifully updated 2 story home that has 3 bedrooms, one full bathroom an...	3 beds \| 1 baths \| 1,304 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.81% Airbnb Rental Income: $null Traditional Rental Income: $1367 Airbnb ROI: N/A Traditional ROI: 9.81%
4268 Blue Spruce Ln Lima, OH Welcome to 4268 Blue Spruce Lane, nestled in the desirable Hickory Creek Condominium subdi...	2 beds \| 2 baths \| 1,529 sq.ft.	$321,090	Airbnb cash on cash: N/A Traditional cash on cash: 3.51% Airbnb Rental Income: $null Traditional Rental Income: $2119 Airbnb ROI: N/A Traditional ROI: 3.51%
1919 Jared Pl Lima, OH Welcome to this beautiful ranch home in Elida School district and in the subdivision of Ed...	3 beds \| 3 baths \| 1,449 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.79% Airbnb Rental Income: $null Traditional Rental Income: $2554 Airbnb ROI: N/A Traditional ROI: 6.79%
3220 Ft. Amanda Road Lima, OH Welcome to this well-maintained charming tri-level home in Shawnee School district offerin...	3 beds \| 2 baths \| 1,704 sq.ft.	$234,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.04% Airbnb Rental Income: $null Traditional Rental Income: $1949 Airbnb ROI: N/A Traditional ROI: 6.04%
4211 Ft Amanda Rd Lima, OH Welcome to 4211 Ft Amanda Rd., offering 3,765 square feet of living space on a private 4.2...	5 beds \| 3 baths \| 3,765 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.04% Airbnb Rental Income: $null Traditional Rental Income: $3770 Airbnb ROI: N/A Traditional ROI: 4.04%
2227 Seneca Drive Lima, OH Impossible! You won't find an excuse not ot make this your next home! Huge family room, sp...	3 beds \| 2 baths \| 2,372 sq.ft.	$299,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.62% Airbnb Rental Income: $null Traditional Rental Income: $2693 Airbnb ROI: N/A Traditional ROI: 6.62%
514 N Cable Rd Lima, OH	3 beds \| 1 baths \| 2,266 sq.ft.	$126,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.43% Airbnb Rental Income: $null Traditional Rental Income: $1611 Airbnb ROI: N/A Traditional ROI: 10.43%
1453 W Shore Dr Lima, OH This is a foreclosure auction. No interior access. Min. bid $150,000. Register and bid you...	3 beds \| 1 baths \| 1,028 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.71% Airbnb Rental Income: $null Traditional Rental Income: $1352 Airbnb ROI: N/A Traditional ROI: 5.71%
2050 Sandy Lane Lima, OH Welcome to 2050 Sandy Lane! This sprawling all-brick ranch in Shawnee School District offe...	4 beds \| 4 baths \| 2,717 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $2063 Airbnb ROI: N/A Traditional ROI: 4.85%
6381 Mcpheron Rd Lima, OH So much to see and love at this Allen East property, which sits on 1.9 acres. 2,548 sq. ft...	5 beds \| 3 baths \| 2,548 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.56% Airbnb Rental Income: $null Traditional Rental Income: $3159 Airbnb ROI: N/A Traditional ROI: 8.56%
2632 Alexandria Dr Lima, OH Welcome to 2632 Alexandria Drive! Spacious two-story in sought after Monticello subdivisio...	4 beds \| 2 baths \| 2,420 sq.ft.	$435,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.85% Airbnb Rental Income: $null Traditional Rental Income: $2771 Airbnb ROI: N/A Traditional ROI: 4.85%
6476 Mickelson Ln Lima, OH Welcome to 6476 Mickelson Lane! Stylish new patio home in Hidden Creek Country Club. This ...	2 beds \| 2 baths \| 1,905 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.7% Airbnb Rental Income: $null Traditional Rental Income: $2407 Airbnb ROI: N/A Traditional ROI: 1.7%
1855 S Cool Rd Lima, OH Motivated Seller! Will consider all offers. This unique hobby farm is in the Allen East Sc...	4 beds \| 3 baths \| 2,736 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $2839 Airbnb ROI: N/A Traditional ROI: 6.07%
1743 Sherry Lee Dr Lima, OH Original Owners - first time open! 1743 Sherry Lee Drive is ready for you to call home. Wi...	3 beds \| 2 baths \| 2,291 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.67% Airbnb Rental Income: $null Traditional Rental Income: $3036 Airbnb ROI: N/A Traditional ROI: 6.67%
485 Mumaugh Rd Lima, OH This property is a 4-bedroom, 2 bath home. No interior showings. Cash only. Sold as is. TH...	4 beds \| 2 baths \| 4,125 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.14% Airbnb Rental Income: $null Traditional Rental Income: $2186 Airbnb ROI: N/A Traditional ROI: 2.14%
2921 Canterbury Drive Lima, OH Welcome to this beautiful two-story home in the Shawnee School District! Enjoy the relaxin...	4 beds \| 2 baths \| 2,088 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $1925 Airbnb ROI: N/A Traditional ROI: 4.66%
2275 N Cable Rd #43 #Package Lima, OH Outstanding investment opportunity! This 43-unit condo complex offers a rare chance to own...	2 beds \| 1 baths \| 816 sq.ft.	$3,500,000	Airbnb cash on cash: N/A Traditional cash on cash: -3.38% Airbnb Rental Income: $null Traditional Rental Income: $1359 Airbnb ROI: N/A Traditional ROI: -3.38%
2275 N Cable Road Lima, OH Outstanding investment opportunity! This 43-unit condo complex offers a rare chance to own...	47 beds \| 30 baths \| 700 sq.ft.	$3,500,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.29% Airbnb Rental Income: $null Traditional Rental Income: $2472 Airbnb ROI: N/A Traditional ROI: -0.29%
1120 Richie Ave Lima, OH	3 beds \| 1 baths \| 1,884 sq.ft.	$118,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.37% Airbnb Rental Income: $null Traditional Rental Income: $1479 Airbnb ROI: N/A Traditional ROI: 10.37%
2940 Koop Road Lima, OH Welcome to 2940 Koop Rd, Lima, OH 45807 - a beautifully maintained 3-bedroom, 2.5-bath ran...	3 beds \| 2 baths \| 1,782 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.94% Airbnb Rental Income: $null Traditional Rental Income: $2391 Airbnb ROI: N/A Traditional ROI: 6.94%
2700 Lowell Ave Lima, OH COMING SOON!! Get ready to fall in love with this beautiful home located in the highly sou...	3 beds \| 2 baths \| 2,148 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.06% Airbnb Rental Income: $null Traditional Rental Income: $2334 Airbnb ROI: N/A Traditional ROI: 4.06%
2223 Makin Dr Lima, OH 3 BR 2 BA home in Bath School District, large from yard. Bonus Room/office, could be a sma...	3 beds \| 2 baths \| 1,727 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.37% Airbnb Rental Income: $null Traditional Rental Income: $1943 Airbnb ROI: N/A Traditional ROI: 7.37%
2129 Reinell Ave Lima, OH Welcome to 2129 Reinell Avenue Lima. This Bi-Level Home has been completely remodeled. It ...	3 beds \| 2 baths \| 1,206 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.15% Airbnb Rental Income: $null Traditional Rental Income: $1786 Airbnb ROI: N/A Traditional ROI: 4.15%
4901 Lobo St Lima, OH Situated in the charming Chestnut Run neighborhood, this well-maintained 3-bedroom, 2-bath...	3 beds \| 2 baths \| 1,814 sq.ft.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.98% Airbnb Rental Income: $null Traditional Rental Income: $2479 Airbnb ROI: N/A Traditional ROI: 5.98%
2568 Susan Ann Drive Lima, OH Welcome to 2568 Susan Ann Dr. This is a 4 bedroom 2 bath ranch style home. It offers comfo...	4 beds \| 2 baths \| 1,810 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.74% Airbnb Rental Income: $null Traditional Rental Income: $2107 Airbnb ROI: N/A Traditional ROI: 9.74%
1720 Brookwood Dr Lima, OH This 3 bedroom 1 bath home features a large eat in kitchen, sunroom and 1 car detached gar...	3 beds \| 1 baths \| 984 sq.ft.	$154,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.55% Airbnb Rental Income: $null Traditional Rental Income: $1341 Airbnb ROI: N/A Traditional ROI: 6.55%
7700 MEHAFFEY RD. Lima, OH Welcome to this very well-maintained, vinyl-sided ranch home offering approximately 1,518 ...	3 beds \| 1 baths \| 1,518 sq.ft.	$232,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.31% Airbnb Rental Income: $null Traditional Rental Income: $1451 Airbnb ROI: N/A Traditional ROI: 4.31%
645 O CONNOR Avenue Lima, OH Welcome to 645 W O' Connor Avenue! This lovesome home offers a Newer furnace and roof, gas...	1 beds \| 1 baths \| 741 sq.ft.	$75,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.03% Airbnb Rental Income: $null Traditional Rental Income: $1054 Airbnb ROI: N/A Traditional ROI: 11.03%
3500 Weldon Dr Lima, OH Welcome to this beautiful 2022 built Shawnee ranch featuring a desirable split floor plan ...	3 beds \| 2 baths \| 1,830 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $2174 Airbnb ROI: N/A Traditional ROI: 3.14%
2905 Oak Hill Ct Lima, OH Exceptional residence in the desirable Amanda Lakes neighborhood offering expansive living...	4 beds \| 4 baths \| 4,072 sq.ft.	$785,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.43% Airbnb Rental Income: $null Traditional Rental Income: $3463 Airbnb ROI: N/A Traditional ROI: 2.43%

Real Estate investment in Lima, OH

There are 161 properties for sale in the city of Lima . The median list price in Lima is $154,900 and the average price per square foot is $96. In February 2026, the average monthly cash on cash return in Lima is 7.00%. The average monthly rental income in Lima is $1,615.

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

There are 161 investment properties available for sale in Lima.

In 2026, the best neighborhood to buy investment property is Lima.

The ROI for Short-Term is higher than the Long-Term in Lima with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Lima, OH

2964 Hanover Dr Dr

Lima, OH

3 beds | 2 baths | 1,704 sq.ft.

$227,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.6%

Airbnb Rental Income: $null

Traditional Rental Income: $2047

Airbnb ROI: N/A

Traditional ROI: 6.6%

2275 N Cable Road unit: 25 #25

Lima, OH

2 beds | 1 baths | 816 sq.ft.

$82,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.8%

Airbnb Rental Income: $null

Traditional Rental Income: $1112

Airbnb ROI: N/A

Traditional ROI: 7.8%

426 S Baxter St

Lima, OH

3 beds | 1 baths | 1,664 sq.ft.

$146,500

Airbnb cash on cash: N/A

Traditional cash on cash: 3.71%

Airbnb Rental Income: $null

Traditional Rental Income: $874

Airbnb ROI: N/A

Traditional ROI: 3.71%

1421 Shawnee Rd

Lima, OH

4 beds | 3 baths | 3,204 sq.ft.

$559,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.48%

Airbnb Rental Income: $null

Traditional Rental Income: $3688

Airbnb ROI: N/A

Traditional ROI: 4.48%

949 Leland Ave

Lima, OH

2 beds | 1 baths | 1,136 sq.ft.

$122,500

Airbnb cash on cash: N/A

Traditional cash on cash: 9.42%

Airbnb Rental Income: $null

Traditional Rental Income: $1381

Airbnb ROI: N/A

Traditional ROI: 9.42%

1210 E Market St

Lima, OH

3 beds | 1 baths | 1,468 sq.ft.

$99,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.04%

Airbnb Rental Income: $null

Traditional Rental Income: $950

Airbnb ROI: N/A

Traditional ROI: 7.04%

725 E Vine St

Lima, OH

3 beds | 1 baths | 1,264 sq.ft.

$67,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.95%

Airbnb Rental Income: $null

Traditional Rental Income: $925

Airbnb ROI: N/A

Traditional ROI: 9.95%

817 E Eureka St

Lima, OH

3 beds | 1 baths | 1,816 sq.ft.

$97,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.62%

Airbnb Rental Income: $null

Traditional Rental Income: $1060

Airbnb ROI: N/A