2262 Leonard St,Ravenna,OH,44266

Investment Highlights

Investment property for sale in Ravenna at 2262 Leonard St, Ravenna, OH, 44266 offers a 13.94% rental yield on a $206,770 purchase with $2,402/mo rent. Total monthly income registers $2,402/mo, and a $1,012/mo payment leaves $1,042/mo available for distribution. Annual cash flow reaches $12,503/yr on $68,544 to close, and return on cash invested stands at 38.15% in year one. Equity gained on principal adds $1,334/yr while 5% annual appreciation supports $57,127 over five years. Portfolio math shows five-year ROI at 201.15% and total cumulative return in cash at $137,877. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,402/mo property income against a $1,012/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.