1581 Westgate DrDefianceOH43512
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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
Rental property for sale in Defiance at 1581 Westgate Dr, Defiance, OH, 43512 generates $1,223/mo in rent and, after a $611/mo payment, leaves $402/mo in cash flow. Total monthly income is $1,223/mo, and annual cash flow is $4,821/yr on $41,404 invested. Return on cash invested sits at 31.55% in year one, and rental yield is 11.75% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 165.8% and total cumulative return in cash sums $68,650. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,223/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.40 Acres lot
$N/A/sqft
No HOA
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
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