2135 Rankin Dr,RAVENNA,OH,44266

Investment Highlights

Investment property for sale in RAVENNA at 2135 Rankin Dr, RAVENNA, OH, 44266 listed at $187,500 pairs $1,614/mo rent with a $918/mo payment to leave $380/mo cash flow. Total monthly income runs $1,614/mo, and annual cash flow reaches $4,564/yr on $62,156 cash to close. Return on cash invested measures 27.25% in year one, and rental yield registers 10.33% at a $187,500 basis. Equity gained on principal adds $1,210/yr, and annual property appreciation at 5% supports $51,803 by year five. Five-year ROI tracks 142.76% and total cumulative return in cash totals $88,735. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,614/mo property income relative to a $918/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).