1000 Urlin Ave APT 2222, Grandview, OH, 43212 | $644/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1000 Urlin Ave APT 2222, Grandview, OH, 43212 | $644/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 2222, Grandview, OH, 43212 uses $66,267 cash to close to unlock $7,722/yr annual cash flow and $644/mo monthly cash flow. Total monthly income runs $1,958/mo, and a $978/mo payment keeps the spread at $644/mo. Purchase price stands at $199,900, and rental yield measures 11.75% with $1,958/mo rent. Return on cash invested shows 31.56% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 165.88% and total cumulative return in cash records $109,921. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,958/mo property income covering a $978/mo payment rather than investor’s personal income.

Condo

Built in 1965

0.47 Acres lot

$N/A/sqft

No HOA

More details about the property

OR BEST OFFER! Rare opportunity to own a PENTHOUSE unit at Summit Chase under $225K! Convenient Grandview Heights location offers close proximity to Downtown Columbus, OSU and highway access. Soaring ceilings, fantastic views and neutral. Floor to ceiling windows allow natural sunlight to flow throughout. Generous kitchen space includes brand new appliances, center island, granite countertops and morning/dining room. Two story great room opens to private terrace offering truly incredible sightlines. Entry level also features powder room and bedroom suite with attached renovated full bath. Oversized primary suite offers double wardrobe space and ensuite bath with walk-in shower. Amenity filled building in the heart of Grandview Heights with everything Columbus has to offer in close proximity!

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