1000 Urlin Ave APT 1002GrandviewOH43212
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Grandview at 1000 Urlin Ave APT 1002, Grandview, OH, 43212 uses $44,753 cash to close to unlock $18,104/yr annual cash flow and $1,509/mo monthly cash flow. Total monthly income runs $3,703/mo, and a $661/mo payment keeps the spread at $1,509/mo. Purchase price stands at $135,000, and rental yield measures 32.92% with $3,703/mo rent. Return on cash invested shows 60.36% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 333.03% and total cumulative return in cash records $149,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,703/mo property income covering a $661/mo payment rather than investor’s personal income.
Condo
Built in 1965
0.47 Acres lot
$N/A/sqft
$1,200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43212, Columbus, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,299 (100%) |
| Owner Occupied HU | 3,870 (25.3%) |
| Renter Occupied HU | 10,466 (68.4%) |
| Vacant Housing Units | 963 ( 6.3%) |
| Median Home Value | $525,383 |
| Average Home Value | $580,538 |
Housing Distribution
Address Breakdown
Residential
13,852
Single Family
8,529
Multi-Family
5,323
Businesses
1,162
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Listed by: Craig H Mayhew • Berkshire Hathaway HS Pro Rlty
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224022690
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.