Is Ravenous Hydra too strong?

The answer is probably.
It has a lot going on for it. 75 bonus attack damage, the most in the entire game. The build path is very accessible, each item is rather cheap compared to other high attack damage items that require b.f. sword. It is very gold efficient costing only 3300 all together, 600 gold recipe is very low as well.
My biggest issue is with the active. 100% of attack damage in an aoe that also lifesteals due to it's special passive and it can be cast at will without interrupting or costing an auto attack. Every 10 seconds.
Just feels a bit like too much GREAT is going on with this item especially for those increasingly tough to kill bruisers that seem to love it.
- easy to build
- gold efficient
- very high attack damage
- high life steal
- very powerful active
- very low cooldown
My opinion is that this item is too strong. What do you guys think and what would you change about
, if anything?