1744 Lora Ln, Defiance, OH, 43512 | $250/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 1744 Lora Ln, Defiance, OH, 43512 generates $1,631/mo in rent and, after a $1,028/mo payment, leaves $250/mo in cash flow. Total monthly income is $1,631/mo, and annual cash flow is $2,994/yr on $69,615 invested. Return on cash invested sits at 24.21% in year one, and rental yield is 9.32% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 126.44% and total cumulative return in cash sums $88,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,631/mo property income rather than buyer’s personal income.

Single Family

Built in 1957

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Step into comfort, space, and possibility with this inviting 2-bedroom, 1.5-bath homecomplete with exciting potential for a third bedroom. Flooded with natural sunlight from its expansive living room windows, this home feels bright, open, and welcoming from the moment you walk in. A brand-new metal roof adds lasting value and peace of mind, while the spacious Florida room offers the perfect spot for year-round relaxation or additional living space to fit your lifestyle. All appliances stay, giving you a true move-in-ready experience. An attached 2-car garage provides added convenience and generous storage. With its flexible layout, abundant natural light, and standout features, this home delivers incredible potential and everyday comfort!

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