700 North StDefianceOH43512
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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 700 North St, Defiance, OH, 43512 uses $56,322 cash to close to unlock $2,124/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $1,295/mo, and a $832/mo payment keeps the spread at $177/mo. Purchase price stands at $169,900, and rental yield measures 9.15% with $1,295/mo rent. Return on cash invested shows 23.68% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 123.56% and total cumulative return in cash records $69,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,295/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.27 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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