For SaleRisky Deal142 days on market

Sl 62 Ravinewood Dr

Sl 62 Ravinewood Dr, Austinburg, OH 44010, Austinburg, OH 44010

$59,900

Listing Price

Sl 62 Ravinewood Dr, Austinburg, OH 44010

Loc: Austinburg, OH

Days Listed

142

Lot Size

1.74 acres

Type

lot

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9

Safety Score

A+

Schools

Nearby Schools

Educational options and performance ratings in the area.

Austinburg Elementary School

PK-5

1.7 mi away

Geneva High School

8-12

3 mi away

Geneva Middle School

4-8

3.1 mi away

Haven Underwritten Market·Moderate (1.10 - 1.24x)

Austin, TX Investment Analysis (2026)

Cap Rate Range: 5.1% - 6.2% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

vacant lotresidential parcelsuburbanland developmentlarge yardaerial viewcorner lotundevelopedgrasslandproperty boundarycul-de-sacprime real estateopen space

Haven AI Verdict

Recommendation

Risky

Confidence Score: 5/10

Exercise caution due to potential market volatility.

Cap Rate

3.82%

Total ROI

41.9%

Cash Flow

$-120/mo

DSCR

0.61

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-120/mo net cash flow with a 3.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths

• Prime residential location in Austinburg, OH
• Long-term capital appreciation corridor

Considerations

• Verify historical operating expenses and local tax assessment
• Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

Date	Event	Price	Price/sqft
2026-09-07	Price change	$59,900	–
2026-06-03	Price change	$61,000	–
2026-04-27	Listed for sale	$62,000	–

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Estimated After-Repair Value (ARV) [estimated]Modeled value-add projection (+18% baseline) for 3b/2ba in Austinburg

+18% vs. list

Rehab Budget & Scope (1,850 sq ft)$83,250

Institutional Acquisition Rule75% Rule

Maximum Allowable Offer (MAO)

Calculated as (75% × $70,682) − $83,250

Asking Price is $59,900 (100.0%) Above MAO

To achieve your target margin of 25%, submit an initial counteroffer closer to $0 based on $83,250 in required updates.

Current Asking Price:$59,900

Estimated ARV:$70,682

Estimated Renovation:$83,250

All-In Capital Basis (MAO + Rehab):$83,250

Projected Equity Margin:+-$12,568

Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $59,900[Estimated] Rent: $479/mo[Estimated] Tax Rate: 1.57% (OH)[Estimated] Hazard Ins: $100/mo[Defaulted] Reserves: 23% OpEx Baseline

Haven ScoreRisky

0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)

3.82%

NOI: $2,286/yr

Cash-on-Cash Yield

-10.5%

On $13,777 invested

DSCR Ratio

0.61x

Negative debt coverage