1000 Urlin Ave APT 2007, Grandview, OH, 43212 | $215/mo Cash Flow

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1000 Urlin Ave APT 2007, Grandview, OH, 43212 | $215/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grandview at 1000 Urlin Ave APT 2007, Grandview, OH, 43212 offers a 8.87% rental yield on a $265,000 purchase with $1,958/mo rent. Total monthly income registers $1,958/mo, and a $1,297/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,579/yr on $87,848 to close, and return on cash invested stands at 22.84% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 119.09% and total cumulative return in cash at $104,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,958/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1965

0.47 Acres lot

$N/A/sqft

No HOA

More details about the property

Enjoy breathtaking skyline views from this upper-floor condo at the highly desirable Summit Chase in Grandview Heights! This spacious 2-bedroom, 2-bath home features an open living and dining area flooded with natural light from floor-to-ceiling windows and a private balcony showcasing fabulous Downtown Columbus views. Stylish updates include granite kitchen countertops, newer carpet and paint, and refreshed baths - meticulously maintained. Summit Chase residents enjoy exceptional amenities: a swimming pool, fitness center, clubhouse, beautiful grounds, 24-hour security/concierge, on-site laundry, and optional valet parking and underground garage. Condo fees include all utilities except phone and cable, making maintenance-free living truly effortless. Ideally located just steps from the vibrant shops and dining on Grandview Ave and minutes to OSU and Downtownthis is premier high-rise living in one of Central Ohio's most incredible communities!

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