1101 State Route 114PayneOH45880
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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 Payne at 1101 State Route 114, Payne, OH, 45880 listed at $279,900 pairs $1,861/mo rent with a $1,370/mo payment to leave $20/mo cash flow. Total monthly income runs $1,861/mo, and annual cash flow reaches $238/yr on $92,787 cash to close. Return on cash invested measures 20.17% in year one, and rental yield registers 7.98% at a $279,900 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,331 by year five. Five-year ROI tracks 104.73% and total cumulative return in cash totals $97,177. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,861/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45880, Payne, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
869
Single Family
869
Multi-Family
0
Businesses
53
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