605 Riverside AveDefianceOH43512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 605 Riverside Ave, Defiance, OH, 43512 with 5% annual appreciation on a $109,900 basis while $868/mo rent supports operations. Total monthly income totals $868/mo and a $538/mo payment preserves $145/mo for cash returns. Annual cash flow comes to $1,740/yr on $36,432 deployed, and return on cash invested reaches 24.69% in year one. Equity gained on principal adds $709/yr, and five-year appreciation sums $30,363 alongside rental yield of 9.48%. Five-year ROI measures 128.93% and total cumulative return in cash totals $46,972.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $868/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.35 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices