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
806 Tremont Avenue Lima, OH Updated Northside Ranch. Hardwood floors throughout. Living Room open to Eat-in Kitchen wi...	3 beds \| 1 baths \| 1,303 sq.ft.	$164,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 7.23% Airbnb Rental Income: $1199 Traditional Rental Income: $1462 Airbnb ROI: 3.06% Traditional ROI: 7.23%
2238 N Glenwood Avenue Lima, OH A move in ready ranch home in the Elida school district. This home features 3 bedrooms, 2 ...	3 beds \| 2 baths \| 1,248 sq.ft.	$215,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 6.01% Airbnb Rental Income: $1199 Traditional Rental Income: $1728 Airbnb ROI: 1.51% Traditional ROI: 6.01%
1920 Hillcrest Drive Lima, OH Check out this move-in ready charmer located on Lima's West side. Fresh and updated with w...	3 beds \| 1 baths \| 1,306 sq.ft.	$195,000	Airbnb cash on cash: 2.54% Traditional cash on cash: 4.41% Airbnb Rental Income: $1199 Traditional Rental Income: $1158 Airbnb ROI: 2.54% Traditional ROI: 4.41%
136 Valley Way Lima, OH This beautiful home offers 3 bedrooms, 2.5 baths, and a spacious layout perfect for comfor...	3 beds \| 3 baths \| 1,682 sq.ft.	$275,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 6.37% Airbnb Rental Income: $1199 Traditional Rental Income: $2181 Airbnb ROI: 1.09% Traditional ROI: 6.37%
1575 Arlington Drive Lima, OH A move in ready ranch with 3 bedrooms, two living areas and 1 1/2 baths. Sherwood Subdivis...	3 beds \| 2 baths \| 1,524 sq.ft.	$229,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 6.44% Airbnb Rental Income: $1199 Traditional Rental Income: $1861 Airbnb ROI: 1.59% Traditional ROI: 6.44%
5653 Fort Amanda Road Lima, OH Welcome home to this beautifully updated ranch in the highly sought-after Shawnee School D...	3 beds \| 3 baths \| 1,744 sq.ft.	$249,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 6.39% Airbnb Rental Income: $1199 Traditional Rental Income: $2193 Airbnb ROI: 0.51% Traditional ROI: 6.39%
765 W Lane Avenue Lima, OH This well maintained 3 bedroom one bath ranch home in the Elida School District is perfect...	3 beds \| 1 baths \| 999 sq.ft.	$155,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 6.25% Airbnb Rental Income: $1199 Traditional Rental Income: $1321 Airbnb ROI: 2.8% Traditional ROI: 6.25%
576 Cortlandt Avenue Lima, OH Welcome to 576 Cortlandt Avenue, a charming two-story Colonial located within Lima City Sc...	3 beds \| 1 baths \| 1,218 sq.ft.	$99,900	Airbnb cash on cash: 5.6% Traditional cash on cash: 11.45% Airbnb Rental Income: $1199 Traditional Rental Income: $1379 Airbnb ROI: 5.6% Traditional ROI: 11.45%
2275 N Cable Road #25 Lima, OH Welcome to this highly sought after Gatehouse first floor condo located in the Elida Scho...	2 beds \| 1 baths \| 816 sq.ft.	$87,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 7.33% Airbnb Rental Income: $813 Traditional Rental Income: $1112 Airbnb ROI: 0.01% Traditional ROI: 7.33%
532 Orena Ave Lima, OH This vacant 2-bedroom, 1-bath single-family home offers approximately 824 sq ft of living ...	2 beds \| 1 baths \| 824 sq.ft.	$77,000	Airbnb cash on cash: 3.66% Traditional cash on cash: 9.56% Airbnb Rental Income: $813 Traditional Rental Income: $937 Airbnb ROI: 3.66% Traditional ROI: 9.56%
606 Harrison Ave Lima, OH This vacant 2-bedroom, 1-bath single-family home offers approximately 1,486 sq ft of livin...	2 beds \| 1 baths \| 1,486 sq.ft.	$70,750	Airbnb cash on cash: 3.88% Traditional cash on cash: 10.3% Airbnb Rental Income: $813 Traditional Rental Income: $939 Airbnb ROI: 3.88% Traditional ROI: 10.3%
3410 Greens Road Lima, OH Welcome to 3410 Greens Rd! A flawlessly remodeled ranch where every update has been execut...	3 beds \| 3 baths \| 1,944 sq.ft.	$300,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 5.58% Airbnb Rental Income: $1199 Traditional Rental Income: $2448 Airbnb ROI: -0.22% Traditional ROI: 5.58%
4901 Hummingbird Street Lima, OH Welcome to this one-of-a-kind Bi-Level A-Frame home in the highly sought-after Laurel Oaks...	3 beds \| 2 baths \| 2,051 sq.ft.	$237,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 4.7% Airbnb Rental Income: $1199 Traditional Rental Income: $1681 Airbnb ROI: 0.82% Traditional ROI: 4.7%
1574 Oakland Parkway Lima, OH Beautiful 3 bedroom home on corner lot. Fenced in yard, 2 car plus garage for storage. Bla...	3 beds \| 2 baths \| 1,471 sq.ft.	$179,900	Airbnb cash on cash: 2.36% Traditional cash on cash: 6.34% Airbnb Rental Income: $1199 Traditional Rental Income: $1493 Airbnb ROI: 2.36% Traditional ROI: 6.34%
3467 Weldon Drive Lima, OH Step into this delightful ranch-style home with a partially finished basement, complete wi...	3 beds \| 2 baths \| 1,782 sq.ft.	$374,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 3.36% Airbnb Rental Income: $1199 Traditional Rental Income: $2050 Airbnb ROI: -0.18% Traditional ROI: 3.36%
1524 W Spring Street Lima, OH If you're looking for a new home, your search ends now! This 3 bedroom 2.5 bat WOWS with r...	3 beds \| 3 baths \| 1,568 sq.ft.	$199,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 7.4% Airbnb Rental Income: $1199 Traditional Rental Income: $1779 Airbnb ROI: 2.3% Traditional ROI: 7.4%
3006 Lakeshore Dr Drive Lima, OH Plan a tour soon of this stunningly beautiful home in beautiful Amanda Lakes Subdivision. ...	5 beds \| 5 baths \| 3,898 sq.ft.	$615,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $4832 Airbnb ROI: N/A Traditional ROI: 5.81%
1508 Oakland Parkway Lima, OH Welcome to this beautifully renovated 3-bedroom home, offering a perfect blend of modern u...	3 beds \| 1 baths \| 1,320 sq.ft.	$199,900	Airbnb cash on cash: 2.16% Traditional cash on cash: 5.08% Airbnb Rental Income: $1199 Traditional Rental Income: $1365 Airbnb ROI: 2.16% Traditional ROI: 5.08%
520 Orena Avenue 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.	$126,000	Airbnb cash on cash: 4.72% Traditional cash on cash: 9.31% Airbnb Rental Income: $1199 Traditional Rental Income: $1367 Airbnb ROI: 4.72% Traditional ROI: 9.31%
1679 Frail Road Lima, OH Nice value in lima. This home offers 4 bedrooms and 1 full bath and is listed at 1444 sqft...	4 beds \| 1 baths \| 1,444 sq.ft.	$117,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.26% Airbnb Rental Income: $null Traditional Rental Income: $1462 Airbnb ROI: N/A Traditional ROI: 10.26%
6177 Agerter Road Lima, OH Welcome to your peaceful retreat in Shawnee! Situated on just over an acre, this lovely h...	3 beds \| 2 baths \| 1,657 sq.ft.	$235,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 7.92% Airbnb Rental Income: $1199 Traditional Rental Income: $2204 Airbnb ROI: 1.65% Traditional ROI: 7.92%
4330-4332 N West Street Lima, OH Lovely Fully Remodeled Ranch - This spacious 4-bedroom, 2-full-bath home is located at 433...	4 beds \| 2 baths \| 2,170 sq.ft.	$169,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.29% Airbnb Rental Income: $null Traditional Rental Income: $2265 Airbnb ROI: N/A Traditional ROI: 11.29%
836 E Vine Street Lima, OH Welcome to 836 E. Vine St! This beautifully remolded 2 story home offers 3 bedrooms and 2 ...	3 beds \| 2 baths \| 1,036 sq.ft.	$170,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 6.85% Airbnb Rental Income: $1199 Traditional Rental Income: $1403 Airbnb ROI: 3.19% Traditional ROI: 6.85%
6915 Poling Road Lima, OH This Elida 4 bedroom 3 bath home has plenty of room for everyone. With a large kitchen fea...	4 beds \| 3 baths \| 2,844 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.14% Airbnb Rental Income: $null Traditional Rental Income: $3260 Airbnb ROI: N/A Traditional ROI: 10.14%
4911 CARRIAGE Lane Lima, OH Welcome Home! This beautiful New Construction Home built by the areas most experienced Bui...	3 beds \| 3 baths \| 1,752 sq.ft.	$526,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.54% Airbnb Rental Income: $1199 Traditional Rental Income: $2707 Airbnb ROI: -0.32% Traditional ROI: 3.54%
1840 Sara Lee Avenue Lima, OH	2 beds \| 1 baths \| 888 sq.ft.	$149,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.7% Airbnb Rental Income: $813 Traditional Rental Income: $1133 Airbnb ROI: 1.2% Traditional ROI: 5.7%
610 Linden St Lima, OH This vacant 2-bedroom, 1-bath single-family home offers approximately 2,065 sq ft of livin...	2 beds \| 1 baths \| 2,065 sq.ft.	$98,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 9.51% Airbnb Rental Income: $813 Traditional Rental Income: $1148 Airbnb ROI: 2.59% Traditional ROI: 9.51%
811 Cole St Lima, OH This tenant-occupied 3-bedroom, 1-bath single-family home offers approximately 1,430 sq ft...	3 beds \| 1 baths \| 1,430 sq.ft.	$96,000	Airbnb cash on cash: 5.88% Traditional cash on cash: 11.6% Airbnb Rental Income: $1199 Traditional Rental Income: $1345 Airbnb ROI: 5.88% Traditional ROI: 11.6%
816 Baxter Street Lima, OH This tenant-occupied 3-bedroom, 1-bath single-family home offers approximately 960 sq ft o...	3 beds \| 1 baths \| 960 sq.ft.	$77,000	Airbnb cash on cash: 7.57% Traditional cash on cash: 11.64% Airbnb Rental Income: $1199 Traditional Rental Income: $1119 Airbnb ROI: 7.57% Traditional ROI: 11.64%
2971 Ft. Amanda Road Lima, OH Welcome to 2971 Ft Amanda Rd! Here's your chance to own a great Shawnee home and make it y...	3 beds \| 2 baths \| 1,924 sq.ft.	$219,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 7.4% Airbnb Rental Income: $1199 Traditional Rental Income: $2137 Airbnb ROI: 1.01% Traditional ROI: 7.4%
668 ATALAN Trail Lima, OH Beautiful one of kind 3 bedroom Indian Brook home in Shawnee School District. Recently (2...	3 beds \| 3 baths \| 2,070 sq.ft.	$349,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 4.9% Airbnb Rental Income: $1199 Traditional Rental Income: $2387 Airbnb ROI: 0.1% Traditional ROI: 4.9%
2979 SANDS Road Lima, OH What an opportunity to live in such a beautiful home and incredible community. This proper...	4 beds \| 5 baths \| 3,311 sq.ft.	$469,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.13% Airbnb Rental Income: $null Traditional Rental Income: $4797 Airbnb ROI: N/A Traditional ROI: 8.13%
4340 Wintergreen Drive Lima, OH Welcome to this spacious and well-maintained home located at 4340 Wintergreen Dr. in Amand...	4 beds \| 4 baths \| 3,298 sq.ft.	$535,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $3440 Airbnb ROI: N/A Traditional ROI: 4.55%
2357 London Drive Lima, OH Now available for immediate possession! This 4 bedroom, 2.5 bath Shawnee home offers so mu...	4 beds \| 3 baths \| 2,338 sq.ft.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.56% Airbnb Rental Income: $null Traditional Rental Income: $2533 Airbnb ROI: N/A Traditional ROI: 5.56%
2969 Sands Road Lima, OH Nestled in one of Lima's most sought-after neighborhoods, this beautiful 4-bedroom, 2 full...	4 beds \| 4 baths \| 3,053 sq.ft.	$409,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.02% Airbnb Rental Income: $null Traditional Rental Income: $3330 Airbnb ROI: N/A Traditional ROI: 6.02%
638 HAZEL AVE. Lima, OH COME SEE THIS CUTE 2BR/1BTH, 2 STORY, NORTH SIDE HOME WITH A NEWER 1 CAR. DET. GARAGE & LA...	2 beds \| 1 baths \| 960 sq.ft.	$89,900	Airbnb cash on cash: 2.62% Traditional cash on cash: 10.1% Airbnb Rental Income: $813 Traditional Rental Income: $1146 Airbnb ROI: 2.62% Traditional ROI: 10.1%
1115 S Wapak Road Lima, OH Charming 4-Bedroom Home in Shawnee School District - Spacious Yard & Main-Floor Master! ...	4 beds \| 2 baths \| 1,776 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.75% Airbnb Rental Income: $null Traditional Rental Income: $2026 Airbnb ROI: N/A Traditional ROI: 7.75%
1317 Melrose Street Lima, OH Welcome to 1317 Melrose Ave. this charming and spacious 4 bedroom and 1.5 bath home offers...	4 beds \| 2 baths \| 1,518 sq.ft.	$196,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.92% Airbnb Rental Income: $null Traditional Rental Income: $2080 Airbnb ROI: N/A Traditional ROI: 8.92%
215 Blackburn Drive Lima, OH Corner Lot Charmer with Room to Grow This 4-bedroom, 1-bath home sits on a spacious corne...	4 beds \| 1 baths \| 1,322 sq.ft.	$172,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.31% Airbnb Rental Income: $null Traditional Rental Income: $1516 Airbnb ROI: N/A Traditional ROI: 7.31%
2830 Oak Hill Court Lima, OH Welcome to 2830 Oak Hill Ct! This luxurious, one-of-a-kind property is located in the este...	3 beds \| 5 baths \| 5,742 sq.ft.	$1,000,000	Airbnb cash on cash: -1.49% Traditional cash on cash: 1.95% Airbnb Rental Income: $1199 Traditional Rental Income: $4011 Airbnb ROI: -1.49% Traditional ROI: 1.95%

Real Estate investment in Lima, OH

There are 82 properties for sale in the city of Lima . The median list price in Lima is $173,000 and the average price per square foot is $104. In September 2025, the average monthly cash on cash return in Lima is 8.00%. The average monthly rental income in Lima is $1,742.

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

There are 82 investment properties available for sale in Lima.

In 2025, 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 $1,742.

Your search for investment property begins and ends here

Investment Property for Sale in Lima, OH

806 Tremont Avenue

Lima, OH

3 beds | 1 baths | 1,303 sq.ft.

$164,000

Airbnb cash on cash: 3.06%

Traditional cash on cash: 7.23%

Airbnb Rental Income: $1199

Traditional Rental Income: $1462

Airbnb ROI: 3.06%

Traditional ROI: 7.23%

2238 N Glenwood Avenue

Lima, OH

3 beds | 2 baths | 1,248 sq.ft.

$215,000

Airbnb cash on cash: 1.51%

Traditional cash on cash: 6.01%

Airbnb Rental Income: $1199

Traditional Rental Income: $1728

Airbnb ROI: 1.51%

Traditional ROI: 6.01%

1920 Hillcrest Drive

Lima, OH

3 beds | 1 baths | 1,306 sq.ft.

$195,000

Airbnb cash on cash: 2.54%

Traditional cash on cash: 4.41%

Airbnb Rental Income: $1199

Traditional Rental Income: $1158

Airbnb ROI: 2.54%

Traditional ROI: 4.41%

136 Valley Way

Lima, OH

3 beds | 3 baths | 1,682 sq.ft.

$275,000

Airbnb cash on cash: 1.09%

Traditional cash on cash: 6.37%

Airbnb Rental Income: $1199

Traditional Rental Income: $2181

Airbnb ROI: 1.09%

Traditional ROI: 6.37%

1575 Arlington Drive

Lima, OH

3 beds | 2 baths | 1,524 sq.ft.

$229,000

Airbnb cash on cash: 1.59%

Traditional cash on cash: 6.44%

Airbnb Rental Income: $1199

Traditional Rental Income: $1861

Airbnb ROI: 1.59%

Traditional ROI: 6.44%

5653 Fort Amanda Road

Lima, OH

3 beds | 3 baths | 1,744 sq.ft.

$249,000

Airbnb cash on cash: 0.51%

Traditional cash on cash: 6.39%

Airbnb Rental Income: $1199

Traditional Rental Income: $2193

Airbnb ROI: 0.51%

Traditional ROI: 6.39%

765 W Lane Avenue

Lima, OH

3 beds | 1 baths | 999 sq.ft.

$155,000

Airbnb cash on cash: 2.8%

Traditional cash on cash: 6.25%

Airbnb Rental Income: $1199

Traditional Rental Income: $1321

Airbnb ROI: 2.8%

Traditional ROI: 6.25%

576 Cortlandt Avenue

Lima, OH

3 beds | 1 baths | 1,218 sq.ft.

$99,900

Airbnb cash on cash: 5.6%

Traditional cash on cash: 11.45%

Airbnb Rental Income: $1199

Traditional Rental Income: $1379

Airbnb ROI: 5.6%