28699 Blanchard Rd, Defiance, OH, 43512 | $150/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Defiance at 28699 Blanchard Rd, Defiance, OH, 43512 uses $76,245 cash to close to unlock $1,798/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,663/mo, and a $1,126/mo payment keeps the spread at $150/mo. Purchase price stands at $230,000, and rental yield measures 8.68% with $1,663/mo rent. Return on cash invested shows 22.27% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 115.99% and total cumulative return in cash records $88,435. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,663/mo property income covering a $1,126/mo payment rather than investor’s personal income.

Single Family

Built in 1955

1.01 Acres lot

$N/A/sqft

No HOA

More details about the property

Check this out! New on the market! Open & airy spacious ranch home w/updates throughout! Enjoy the extra spacious living room boasting a woodburning fireplace, lots of natural lighting & rich wood flooring. Large open kitchen features center work island w/seating, abundance of cabinetry space, newer stainless steel appliances & patio doors to the huge rear deck overlooking a deep lot. Updates include furnace & a/c 2025, roof 2017, water heater 2019, water softener 2022, range & dishwasher 2022, refrig. 2018. Bath recently remodeled w/new tub, stool & vanity. Delightfull home! Must call to see!

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