427 Fox Ave, Payne, OH, 45880 | 6.19% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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427 Fox Ave, Payne, OH, 45880 | 6.19% Rental Yield | Ziffy

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 Payne at 427 Fox Ave, Payne, OH, 45880 listed at $325,000 pairs $1,676/mo rent with a $1,591/mo payment. Total monthly income runs $1,676/mo. Return on cash invested measures 14.76% in year one, and rental yield registers 6.19% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 75.74% and total cumulative return in cash totals $81,601. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,676/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1974

1 Acres lot

$N/A/sqft

No HOA

More details about the property

TEXT PREFERRED FOR INITIAL COMMUNICATION. This 3-bedroom, 2.5-bath home combines comfortable indoor living with a great outdoor space the whole family can enjoy. Inside, you'll find a functional layout with a bright living area, a practical kitchen with plenty of cabinet space, and a separate dining area that connects easily to the rest of the home. One of the standout features of this home is the private, in-ground pool in the backyard. Fully fenced for safety and privacy, it's an ideal space for cooling off in the summer, hosting casual get-togethers, or just relaxing after a long day. The surrounding yard has enough space for seating, a grill, or even a small garden making it a great spot for both fun and downtime. Additional highlights include an attached garage, dedicated laundry room, and a location close to schools, parks, and shopping. Whether you're looking for a family-friendly home or just want the added bonus of your own pool, this one is worth a look.

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