1000 Urlin Ave APT 511GrandviewOH43212
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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 511, Grandview, OH, 43212 uses $56,024 cash to close to unlock $2,898/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,353/mo, and a $827/mo payment keeps the spread at $242/mo. Purchase price stands at $169,000, and rental yield measures 9.61% with $1,353/mo rent. Return on cash invested shows 25.08% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 131.12% and total cumulative return in cash records $73,459. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,353/mo property income covering a $827/mo payment rather than investor’s personal income.
Condo
Built in 1965
0.47 Acres lot
$N/A/sqft
No 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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