1582 S Clinton St, Defiance, OH, 43512 | $104/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Defiance at 1582 S Clinton St, Defiance, OH, 43512 generates $1,320/mo in rent and, after a $905/mo payment, leaves $104/mo in cash flow. Total monthly income is $1,320/mo, and annual cash flow is $1,243/yr on $61,328 invested. Return on cash invested sits at 21.94% in year one, and rental yield is 8.56% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 114.26% and total cumulative return in cash sums $70,071. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.

Single Family

Built in 1955

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Fully Remodeled 3-Bedroom Ranch Everything NEW & Move-In Ready! Fall in love with this one-story, 3-bedroom, 1-bath home where every single detail has been thoughtfully updated. This home has been fully remodeled from top to bottom, and when we say everything... we mean EVERYTHING. The kitchen? Brand new. The bathroom? Brand new. Every appliance, every finish, all new and ready for you. What You'll Love: Convenient and comfortable one-story living Brand-new roof and new windows for peace of mind New flooring throughout the entire home Fully remodeled bathroom with modern fixtures A completely reimagined kitchen with all brand-new cabinetry, countertops, and appliances and yes, they ALL stay! Brand-new washer and dryer included All-new heating, cooling, and hot water heater Some updated electrical for added safety and efficiency Huge backyard, perfect for gatherings, kids, pets, gardening, or future dreams Location You'll Love: Just down the road from the splash pad and Bronson Park, giving you instant access to outdoor fun, walking paths, community events, and plenty of space to relax and enjoy life. Whether you're a first-time buyer or simply looking for a low-maintenance home that feels fresh, modern, and move-in ready, this property is an incredible starter home with unmatched value. With everything already done for you, all that's left is to turn the key and start making memories. Don't miss out on this beauty, homes like this don't come around often. Schedule your showing today!

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