1740 Ayersville 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
Rental property for sale in Defiance at 1740 Ayersville Ave, Defiance, OH, 43512 offers $1,844/mo rent that, after a $929/mo payment, leaves $595/mo cash flow. Total monthly income is $1,844/mo, and annual cash flow is $7,144/yr on $62,952 cash. Return on cash invested measures 31.26% in year one, and rental yield stands at 11.65% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 164.25% and total cumulative return in cash reaches $103,397. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,844/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.85 Acres 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 |
|---|---|---|
| 2011-03-23 | Sold | $83,850 |
| 2011-03-04 | Listed for sale | $84,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $1787.78 | 14.88% | $49,130 | 40.98% |
| 2022-02-14 | $1556.16 | 2.92% | $34,850 | N/A |
| 2021-02-14 | $1512.02 | -1.97% | $34,850 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1991
- Architectural Style: One Story
- Building Area: N/A
- Living Area: 1,248 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Bath in Primary Bedroom
- Exterior Features: N/A
- Parking Features: Driveway, Garage, Gravel
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: Ayersville
- Middle School: N/A
- High School: Ayersville
Listed by: Lea Newton • RE/MAX Realty of Defiance
Mls Name: NORIS
Mls ID: #6125859
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.