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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Defiance at 156 Cleveland Ave, Defiance, OH, 43512 offers a 7.67% rental yield on a $249,900 purchase with $1,597/mo rent. 23% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 99.78% and total cumulative return in cash at $82,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,597/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43512, Defiance, OH area.
| 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 |
Residential
12,165
Single Family
11,925
Multi-Family
240
Businesses
922
Date | Event | Price |
|---|---|---|
| 2022-09-13 | Sold | $101,700 |
| 2016-01-25 | Sold | $90,000 |
| 2015-12-30 | Pending sale | $99,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-16 | $1650.84 | -0.29% | $42,860 | N/A |
| 2023-09-16 | $1655.62 | 3.35% | $42,860 | 14.94% |
| 2022-09-16 | $1602.00 | -0.34% | $37,290 | N/A |
Listed by: Rita J Bowling • Kyzer Realty, LLC
Mls Name: NORIS
Mls ID: #6135721
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.
