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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 Payne at 102 N Maple St, Payne, OH, 45880 offers $820/mo rent that, after a $516/mo payment, leaves $126/mo cash flow. Total monthly income is $820/mo, and annual cash flow is $1,517/yr on $34,973 cash. Return on cash invested measures 24.25% in year one, and rental yield stands at 9.33% at a $105,500 entry. Equity gained on principal adds $681/yr while 5% annual appreciation compounds into $29,148 by year five. Five-year ROI records 126.69% and total cumulative return in cash reaches $44,307. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $820/mo property income versus a $516/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
7,405 sqft 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 |
|---|---|---|
| 2023-11-13 | Price change | $132,000 |
| 2023-09-13 | Listed for sale | $135,000 |
| 2023-09-07 | Contingent | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $1477.32 | 15.08% | $33,010 | N/A |
| 2022-02-14 | $1283.68 | 224.23% | $33,010 | 274.26% |
| 2021-02-14 | $395.92 | -3.42% | $8,820 | N/A |
Listed by: Sierra Brotherwood • Straley Realty & Auctioneers- Van Wert
Mls Name: WCAR OH
Mls Provider:
Mls ID: #305727
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.
