






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 Payne at 102 Flat Rock Dr, Payne, OH, 45880 generates $1,400/mo in rent and, after a $545/mo payment, leaves $668/mo in cash flow. Total monthly income is $1,400/mo, and annual cash flow is $8,012/yr on $36,896 invested. Return on cash invested sits at 41.62% in year one, and rental yield is 15.09% on a $111,300 entry. Equity gained on principal adds $718/yr, while 5% annual appreciation builds toward $30,750 over five years. Five-year ROI reaches 219.86% and total cumulative return in cash sums $81,120. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45880, Payne, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 770 (76.2%) |
| Renter Occupied HU | 173 (17.1%) |
| Vacant Housing Units | 68 ( 6.7%) |
| Median Home Value | $166,414 |
| Average Home Value | $189,981 |
Residential
869
Single Family
869
Multi-Family
0
Businesses
53
Date | Event | Price |
|---|---|---|
| 2025-08-07 | Listing removed | $149,900 |
| 2025-07-19 | Listed for sale | $149,900 |
| 2025-06-23 | Pending sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $1561.44 | 4.06% | $38,960 | N/A |
| 2023-10-14 | $1500.46 | -3.05% | $38,960 | N/A |
| 2022-10-14 | $1547.70 | 37.43% | $38,960 | 58.57% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A