22593 Bowman RdDefianceOH43512
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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 22593 Bowman Rd, Defiance, OH, 43512 earns $111/mo cash flow from $1,222/mo rent with a $827/mo payment. Total monthly income totals $1,222/mo, and annual cash flow totals $1,326/yr on $56,024 capital. ROI tracks 22.28% on current figures, and rental yield reads 8.68% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 116.09% and total cumulative return in cash sums $65,035. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,222/mo property income instead of your personal income.
Single Family
Built in 1920
5.23 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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