Lima, OH
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Lima short-term rental market based on reliable data.
Listings
70 / 189
Reliable / Active
Cap Rate
11%
Middle-Earners Gross Yield
Revenue
$16,075
Middle-Earners Revenue
Occupancy
72%
Middle-Earners Occupancy
Home Value
$143,250
Median Home Sale Price
Top Earners
$28,832
Top-Earners Revenue
Lima
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Lima.
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Generally Investor friendly
Lima Regulations
Lima allows short‑term rentals citywide with a free, online registration portal, keeping entry costs low, but it imposes guest‑number limits, occupancy caps, and a maximum‑days rule and requires compliance with building, fire and health codes, making permitting moderate and compliance a known but non‑trivial process.
Local STR Agent
STR specialist · Lima, OH
About Lima
Lima ( LY-mə) is a city in and the county seat of Allen County, Ohio, United States. As of the 2020 census, the city had a population of 35,579. It is located in northwest Ohio along Interstate 75, approximately 72 miles (116 km) north of Dayton, 78 miles (126 km) southwest of Toledo, and 63 mi (101 km) southeast of Fort Wayne, Indiana. Lima was founded in 1831. The Lima Army Tank Plant, officially called the Joint Systems Manufacturing Center, built in 1941, is the sole producer of the M1 Abrams. It is the principal city of the Lima metropolitan area, which had 102,000 residents in 2020 and is included in the Lima–Van Wert–Wapakoneta combined statistical area.