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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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Listed by: Dustin Stoller • Stoller Real Estate & Land LLC
Mls Name: NORIS
Mls ID: #6131197
Investment property for sale in Payne at 6312 Meadowlark Ln, Payne, OH, 45880 offers a 10.87% rental yield on a $270,000 purchase with $2,446/mo rent. Total monthly income registers $2,446/mo, and a $1,322/mo payment leaves $670/mo available for distribution. Annual cash flow reaches $8,034/yr on $89,505 to close, and return on cash invested stands at 28.89% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 151.51% and total cumulative return in cash at $135,613. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,446/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.34 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 |
|---|---|---|
| No price history data available | ||
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
