341 E Lake StRavennaOH44266
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
Investment property for sale in Ravenna at 341 E Lake St, Ravenna, OH, 44266 at $275,000 posts ROI 26.35% with $489/mo cash flow from $2,298/mo rent. Total monthly income equals $2,298/mo, and annual cash flow records $5,869/yr on $91,163 to close. Return on cash invested measures 26.35% and rental yield reads 10.03% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 137.92% and total cumulative return in cash totals $125,735.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,298/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
0.81 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Virginia A Edwards • CENTURY 21 Lakeside Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5144033
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.