9520 Griffith RdRavennaOH44266
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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 Ravenna at 9520 Griffith Rd, Ravenna, OH, 44266 uses $57,615 cash to close to unlock $11,434/yr annual cash flow and $953/mo monthly cash flow. Total monthly income runs $2,101/mo, and a $851/mo payment keeps the spread at $953/mo. Purchase price stands at $173,800, and rental yield measures 14.51% with $2,101/mo rent. Return on cash invested shows 39.75% in year one, and 5% annual appreciation builds toward $48,018 over five years. Five-year ROI reaches 209.83% and total cumulative return in cash records $120,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,101/mo property income covering a $851/mo payment rather than investor’s personal income.
Single Family
Built in 1973
5 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jeff R Kiko • Kiko
Mls Name: MLS Now
Mls Provider:
Mls ID: #5138763
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