228 Riverdale DrDefianceOH43512
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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 228 Riverdale Dr, Defiance, OH, 43512 listed at $440,000 pairs $2,150/mo rent with a $2,154/mo payment. Total monthly income runs $2,150/mo. Return on cash invested measures 13.78% in year one, and rental yield registers 5.86% at a $440,000 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,564 by year five. Five-year ROI tracks 70.51% and total cumulative return in cash totals $102,850. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,150/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
2.32 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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Listed by: Matthew Joost • RE/MAX Realty of Defiance
Mls Name: NORIS
Mls ID: #6130112
Disclaimer: Listing 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.