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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Defiance at 7358 State Route 15, Defiance, OH, 43512 generates $1,598/mo in rent and, after a $783/mo payment, leaves $546/mo in cash flow. Total monthly income is $1,598/mo, and annual cash flow is $6,550/yr on $53,007 invested. Return on cash invested sits at 32.27% in year one, and rental yield is 11.99% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 169.64% and total cumulative return in cash sums $89,922. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,598/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 43512, Defiance, OH area.
| 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 |
Residential
12,165
Single Family
11,925
Multi-Family
240
Businesses
922
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-26 | $1049.70 | 15.54% | $39,200 | 27.98% |
| 2022-05-26 | $908.50 | 0.02% | $30,630 | N/A |
| 2021-05-26 | $908.34 | 0.34% | $30,630 | N/A |
Listed by: Michelle M Meyer • Howard Hanna
Mls Name: NORIS
Mls ID: #6130322
Disclaimer: IDX 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.
