Huge Equity! Great Condition! 2008 value of $51,500 No Reserve! Excellent Rental! Nice neighborhood! Start Price USD 19,995.00 Current Price USD 19,995.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Tuesday, October 07, 2008 End Time Friday, October 17, 2008 Location Youngstown, Ohio See more about 'Huge Equity! Great Condition! 2008 value of $51,500 ' Description 319 E. Ravenwood Youngstown Ohio 3 Bedroom Single Family Home 1,176 Square ft home The property was built in 1953 Large lot also over 5,000 sq ft Check our company out on the web www.CashflowPropertiesInc.Com This House is in good condition and needs very little to make it rent ready. Our property manager indicated it needed approx $3,000 in repairs This house is in a very nice neighborhood close to Mill Creek Park The market in Youngstown is very stable. We have never experienced huge appreciation so there is no "BUBBLE" to burst. We are selling more homes this year than ever before as the rest of the country real estate is falling apart WWW.CASHFLOWPROPERTIESINC.COM (330) 252-7052 WE WANT AN OPEN LINE OF COMMUNICATION FEEL FREE TO CALL OR EMAIL ANYTIME   E Ravenwood has had many high sales in the last 10 months check out these properties on the same street: 157 E Ravenwood  sold 3/27/08 for $49,000153 E Ravenwood  sold  3/27/08 for $48,000332 E Ravenwood  sold  12/07/07 for $70,000362 E Ravenwood sold   12/16/07 for $45,000 these are 4 recent sales and excellent comparable sales for the property.  This is your chance to “ buy it now” for only $24,995 about 50% of the value of the comparable sales. 319 E Ravenwood is an excellent investment, based on a puchase price of $24,995 and rent of $5,400 per year your return on investment is over 21%   We are starting this auction at $19,995   We average 3-4 sales per month but this one is much nicer than most Now is the time to buy before prices start to increase.  There are thousands of out of state investors who have discovered the positive cashflow of investing in Youngstown ohio. Rent will be approx $6,000 per year Total annual Taxes are $655.91   Most rooms are freshly painted Beautiful hardwood floors in great condition. Exterior of the property is siding and it looks great. Buy it now for only $24,995 less than half of its current value ( per zillow.com)   “BUY IT NOW” for only $24,995 CURRENT VALUE IS $51,500 ( per Zillow.com)   Instant Equity as well as a great return on your money. Let the tenant pay for this property over and over again! Get an immediate 22% return on your cash investment at the “buy it now “ price of $24,995. This property is already in good condition. Our property manager indicated it would not take much to get this place rented to good tenants. Fell free to inspect this property anytime prior to bidding.  Our contact information and information about our company can be found on our website: WE STARTED SELLING PROPERTIES IN THIS AREA 5 YEARS AGO AND THE MARKET HAS NOT DECLINED! THIS AREA HAS STABLE PROPERTY VALUES AND A VERY STRONG RENTAL MARKET Dont risk buying a property in California, Arizona, or Nevada just to loose several hundred thousand dollars. At $19,995 there is nowhere to go but up. 330-252-7052 Cashflow Properties www.CashflowPropertiesInc.com     All Comparable sales are within 1 mile of subject property and have sold in the last 6 months Sale Price Sale Date Beds Baths Sq Ft Distance in Miles 157 E Ravenwood Ave  $49,000 03/27/08 4 1 1,496 0.34 556 E Avondale Ave  $50,000 03/05/08 3 1 870 0.38 153 E Ravenwood Ave  $48,000 03/27/08 2 1 1,008 0.35 129 E Judson Ave  $52,000 04/01/08 3 1.5 1,293 0.45 332 E Ravenwood Ave $70,000 12/07/07 4 1 1,341 0.04 362 E Ravenwood Ave $45,000 12/16/07 3 1.5 1,353 0.1               3 Bedroom Single Family Home Beautiful hardwood floors Great location Rent to be approx $6,000 per year Huge equity position Current value is $51,500 per zillow.com Over 21% return on your cash investment Low taxes only 655.91 per year Look at the other comps on the same street 4 properties have sold for over 50% higer than this property in the last 9 months Heating is Natural Gas Sewer is public no septic tank!                         Winning bidder must contact the seller within 24 Hours after the close of the auction with proper vesting information. Entire funds to be transferred within 3 working days or sooner via wire transfer, money order, cash or bank check only. You will also need to include $995 to cover the closing costs and paperwork transfers. Once the funds are received and the paperwork completed the transfer will be recorded in the Mahoning County clerks office. This Property Sold "as is",no warranties expressed or implied. All information is deemed reliable but not guaranteed PLEASE READ THE TERMS. THIS IS A CASH ONLY SALE. THERE WILL BE NO TIME TO ALLOW FOR FINANCING. I HAVE PROVIDED ALL INFORMATION TO HELP THE BUYER REACH AN EDUCATED DECISION PRIOR TO BIDDING. www.CashflowPropertiesinc.com Cashflow Properties (330) 252-7052   Place a Bid!