1098 Shrewsbury DrRavennaOH44266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Ravenna at 1098 Shrewsbury Dr, Ravenna, OH, 44266 priced at $342,500 converts $2,498/mo rent into $243/mo cash flow after a $1,676/mo obligation. Total monthly income equals $2,498/mo, and annual cash flow totals $2,921/yr on $113,539 invested. Return on cash invested prints 22.48% in year one, and rental yield reads 8.75% against a $342,500 entry. Equity gained on principal adds $2,210/yr, while 5% annual appreciation compiles into $94,626 by year five. Five-year ROI reaches 117.18% and total cumulative return in cash sums $133,043. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,498/mo property income covering a $1,676/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.39 Acres lot
$N/A/sqft
$25 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark A Metz • Keller Williams Elevate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5121830
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