








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Defiance at 19739 State Route 637, Defiance, OH, 43512 uses $57,350 cash to close to unlock $5,193/yr annual cash flow and $433/mo monthly cash flow. Total monthly income runs $1,571/mo, and a $847/mo payment keeps the spread at $433/mo. Purchase price stands at $173,000, and rental yield measures 10.9% with $1,571/mo rent. Return on cash invested shows 28.96% in year one, and 5% annual appreciation builds toward $47,797 over five years. Five-year ROI reaches 151.94% and total cumulative return in cash records $87,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,571/mo property income covering a $847/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43512, Defiance, OH area.
| 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 |
Residential
12,165
Single Family
11,925
Multi-Family
240
Businesses
922
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $173,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $829.98 | -3.97% | $33,570 | N/A |
| 2022-10-15 | $864.30 | 33.10% | $33,570 | 29.26% |
| 2021-10-15 | $649.34 | -4.20% | $25,970 | N/A |



Listed by: Zachary Gorrell • Gorrell Bros.
Mls Name: NORIS
Mls ID: #6121896
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. 2024 NORIS. All rights reserved.