Harrison Plan, Portage,Ravenna,OH,44266

Investment Highlights

Rental property for sale in Ravenna at Harrison Plan, Portage, Ravenna, OH, 44266 offers $2,120/mo rent that, after a $1,463/mo payment, leaves $154/mo cash flow. Total monthly income is $2,120/mo, and annual cash flow is $1,846/yr on $99,085 cash. Return on cash invested measures 21.77% in year one, and rental yield stands at 8.51% at a $298,900 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,581 by year five. Five-year ROI records 113.34% and total cumulative return in cash reaches $112,299. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,120/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.