21932 Road 10DefianceOH43512
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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 21932 Road 10, Defiance, OH, 43512 generates $2,004/mo in rent and, after a $881/mo payment, leaves $820/mo in cash flow. Total monthly income is $2,004/mo, and annual cash flow is $9,842/yr on $59,637 invested. Return on cash invested sits at 36.41% in year one, and rental yield is 13.37% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 191.94% and total cumulative return in cash sums $114,465. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,004/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
5.18 Acres 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 |
|---|---|---|
| 2009-10-01 | Sold | $81,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1135.26 | -2.31% | $33,050 | N/A |
| 2022-10-15 | $1162.10 | 8.10% | $33,050 | 17.16% |
| 2021-10-15 | $1075.06 | -4.19% | $28,210 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1996
- Architectural Style: Other,One Story
- Building Area: N/A
- Living Area: 1,568 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Other
- Cooling: Window Unit(s)
- Flooring: N/A
- Interior Features: Bath in Primary Bedroom
- Exterior Features: N/A
- Parking Features: Driveway, Gravel, Storage
Location
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: Septic Tank
- Water Source: Pond
- Road Surface Type: N/A
School Information
- Elementary School: Paulding
- Middle School: N/A
- High School: Paulding
Listed by: Amanda Ross • AmeriMade Realty, LLC
Mls Name: NORIS
Mls ID: #6121617
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.