80-Door Portfolio Summary -- NW Ohio
Acquisition Price: $9,999,315.00 ($124,991.00 / door)
Asset Mix: 79 buildings / 80 doors (78 single-family homes + 1 duplex)
Occupancy: 95% stabilized (5% vacancy rate)
Financial & Return Metrics:
Average Rent / Door: $1,170.04/month
Gross Monthly Income: $93,603.20
Gross Annual Income: $1,123,238.40
Expense Ratio: 28.78%
Net Operating Income (NOI): $799,945.27 / year
Cap Rate: 8.00%
Estimated Annual Debt Service: $636,101.28
Debt Service Coverage Ratio (DSCR): 1.26
Net Monthly Cash Flow: $13,635.67
Annual Cash Flow: $163,628.04
Pre-Value-Add, Cash-on-Cash Return (CoC): 6.55%
Key Upside:
In-place cash flow from day one with ~95% occupancy.
Major value-add potential: While many of the units are stabilized, many units sit below market rent, offering immediate revenue expansion on lease renewals and operational mark-to-market.
For sale
$9,999,315
80 Door Package, Lima, OH 45804
--beds
--baths
--sqft
Single Family Residence
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 28 days
- 248
- 11
Zillow last checked:
Listing updated:
Listed by:
Traci Mendenhall 419-786-0394,
Hartsock Realty
Source: WCAR OH,MLS#: 311652
Facts & features
Interior
Heating
- Other
Cooling
- Other
Property
Parking
- Parking features: Varies by Unit
Details
- Parcel number: NA
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Foundation: Other
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lima
Financial & listing details
- Date on market: 9/18/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Listed for sale | $9,999,315 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment