244 E Payne Ave, Galion, OH, 44833 | $175/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Galion at 244 E Payne Ave, Galion, OH, 44833 with 5% annual appreciation on a $125,000 basis while $997/mo rent supports operations. Total monthly income totals $997/mo and a $612/mo payment preserves $175/mo for cash returns. Annual cash flow comes to $2,095/yr on $41,438 deployed, and return on cash invested reaches 24.96% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.57%. Five-year ROI measures 130.5% and total cumulative return in cash totals $54,077.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $997/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1880

0.50 Acres lot

$N/A/sqft

No HOA