1951 S Clinton StDefianceOH43512
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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 1951 S Clinton St, Defiance, OH, 43512 offers a 10.73% rental yield on a $179,900 purchase with $1,608/mo rent. Total monthly income registers $1,608/mo, and a $881/mo payment leaves $424/mo available for distribution. Annual cash flow reaches $5,090/yr on $59,637 to close, and return on cash invested stands at 28.44% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 149.2% and total cumulative return in cash at $88,977. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,608/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
9,513 sqft 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 |
|---|---|---|
| 2025-05-31 | Listed for sale | $179,900 |
| 2019-12-16 | Sold | $107,000 |
| 2019-11-10 | Pending sale | $99,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-02 | $1715.20 | 15.13% | $45,550 | 28.09% |
| 2022-06-02 | $1489.82 | -0.34% | $35,560 | N/A |
| 2021-06-02 | $1494.96 | -0.78% | $35,560 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1988
- Architectural Style: One Story
- Building Area: N/A
- Living Area: 1,152 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: Attached, Driveway, Garage, Gravel
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: Unimproved
School Information
- Elementary School: Defiance
- Middle School: N/A
- High School: Defiance
Listed by: Zachary Gorrell • Gorrell Bros.
Mls Name: NORIS
Mls ID: #6130614
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.