Hanover Plan, Portage,Ravenna,OH,44266

Investment Highlights

Investment property for sale in Ravenna at Hanover Plan, Portage, Ravenna, OH, 44266 at $290,500 posts ROI 27.87% with $639/mo cash flow from $2,550/mo rent. Total monthly income equals $2,550/mo, and annual cash flow records $7,668/yr on $96,301 to close. Return on cash invested measures 27.87% and rental yield reads 10.53% at the current $290,500. Equity gained on principal adds $1,875/yr, and 5% annual appreciation supports $80,260 by year five. Five-year ROI prints 146.04% and total cumulative return in cash totals $140,633.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,550/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).