2887 Shelly Rd,Ravenna,OH,44266

Investment Highlights

Rental property for sale in Ravenna at 2887 Shelly Rd, Ravenna, OH, 44266 generates $1,640/mo in rent and, after a $734/mo payment, leaves $654/mo in cash flow. Total monthly income is $1,640/mo, and annual cash flow is $7,842/yr on $49,725 invested. Return on cash invested sits at 35.68% in year one, and rental yield is 13.12% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 187.96% and total cumulative return in cash sums $93,462. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,640/mo property income rather than buyer’s personal income.