2023 S Mistywood CtDefianceOH43512
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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 2023 S Mistywood Ct, Defiance, OH, 43512 generates $2,417/mo in rent and, after a $1,542/mo payment, leaves $345/mo in cash flow. Total monthly income is $2,417/mo, and annual cash flow is $4,137/yr on $104,423 invested. Return on cash invested sits at 23.87% in year one, and rental yield is 9.21% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 124.61% and total cumulative return in cash sums $130,121. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,417/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
10,380 sqft 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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