1020 Washington AveDefianceOH43512
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Defiance at 1020 Washington Ave, Defiance, OH, 43512 earns $444/mo cash flow from $1,628/mo rent with a $881/mo payment. Total monthly income totals $1,628/mo, and annual cash flow totals $5,330/yr on $59,637 capital. ROI tracks 28.85% on current figures, and rental yield reads 10.86% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 151.35% and total cumulative return in cash sums $90,261. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,628/mo property income instead of your personal income.
Single Family
Built in 1940
6,760 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 43512, Defiance, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,363 (100%) |
| Owner Occupied HU | 8,624 (69.8%) |
| Renter Occupied HU | 2,897 (23.4%) |
| Vacant Housing Units | 842 ( 6.8%) |
| Median Home Value | $171,984 |
| Average Home Value | $208,081 |
Housing Distribution
Address Breakdown
Residential
12,165
Single Family
11,925
Multi-Family
240
Businesses
922
Price History
Date | Event | Price |
|---|---|---|
| 2006-09-20 | Sold | $57,675 |
| 2006-06-30 | Sold | $78,649 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-01 | $1442.74 | 25.95% | $36,490 | 40.13% |
| 2022-04-01 | $1145.51 | 7.10% | $26,040 | 7.47% |
| 2021-04-01 | $1069.57 | 4.36% | $24,230 | 0.17% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1940
- Architectural Style: One Story
- Building Area: N/A
- Living Area: 1,999 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Electric Range Connection
- Exterior Features: N/A
- Parking Features: Attached, Concrete, Driveway, Garage, Off Street
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Sanitary
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Defiance
- Middle School: N/A
- High School: Defiance
Listed by: Carissa Kost • Go Giver Real Estate
Mls Name: NORIS
Mls ID: #6127778
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 NORIS. All rights reserved.