3881 Ravinewood DrAustinburgOH44010
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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 Austinburg at 3881 Ravinewood Dr, Austinburg, OH, 44010 uses $145,031 cash to close to unlock $4,572/yr annual cash flow and $381/mo monthly cash flow. Total monthly income runs $3,271/mo, and a $2,141/mo payment keeps the spread at $381/mo. Purchase price stands at $437,500, and rental yield measures 8.97% with $3,271/mo rent. Return on cash invested shows 23.06% in year one, and 5% annual appreciation builds toward $120,873 over five years. Five-year ROI reaches 120.33% and total cumulative return in cash records $174,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,271/mo property income covering a $2,141/mo payment rather than investor’s personal income.
Single Family
Built in 1989
1.21 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44010, Austinburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 721 (100%) |
| Owner Occupied HU | 554 (76.8%) |
| Renter Occupied HU | 105 (14.6%) |
| Vacant Housing Units | 62 ( 8.6%) |
| Median Home Value | $237,000 |
| Average Home Value | $339,896 |
Housing Distribution
Address Breakdown
Residential
568
Single Family
568
Multi-Family
0
Businesses
92
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Nearby investment properties with comparable prices
Listed by: Claire Jazbec • Keller Williams Greater Cleveland Northeast
Mls Name: MLS Now
Mls Provider:
Mls ID: #5132652
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