1935 Edgewood 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
Investment property for sale in Defiance at 1935 Edgewood Dr, Defiance, OH, 43512 uses $106,047 cash to close to unlock $10,158/yr annual cash flow and $847/mo monthly cash flow. Total monthly income runs $2,951/mo, and a $1,566/mo payment keeps the spread at $847/mo. Purchase price stands at $319,900, and rental yield measures 11.07% with $2,951/mo rent. Return on cash invested shows 29.49% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 154.73% and total cumulative return in cash records $164,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,951/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.44 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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