"Can changing my iPhone's IP address prevent further hacking attempts?: If I change my iPhone IP address will that help with e-mails I’ve been hacked and payments missed someone trying to login to my accounts by using password to many times "
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Resetting to Factory Settings:
No. You have no hacked iPhone. If -you are so concerned, then reset your iPhone to factory settings, as if you were to sell it. Go here: What to do Before you Sell, Give Away, or Trade in your iPhone, iPad, or iPod touch - Apple Support. Perform as instructed there, including the backup creation and iCloud log out. Take a few screenshots --one of each home screen, to know what was placed where, prior to this reset.
Changing the IP Address:
If you are not using DHCP, but rather are using a static IP address, then you might lose connection to the network all together, and that would not help with receiving eMails, but your could read them on your Mail app, if you have the eMails downloaded.