Providence II Plan, Portage,Ravenna,OH,44266

Investment Highlights

Investment property for sale in Ravenna at Providence II Plan, Portage, Ravenna, OH, 44266 at $260,600 posts ROI 21.22% with $94/mo cash flow from $1,809/mo rent. Total monthly income equals $1,809/mo, and annual cash flow records $1,132/yr on $86,389 to close. Return on cash invested measures 21.22% and rental yield reads 8.33% at the current $260,600. Equity gained on principal adds $1,682/yr, and 5% annual appreciation supports $71,999 by year five. Five-year ROI prints 110.42% and total cumulative return in cash totals $95,390.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,809/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).