1000 Urlin Ave APT 518GrandviewOH43212
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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
Rental property for sale in Grandview at 1000 Urlin Ave APT 518, Grandview, OH, 43212 generates $1,958/mo in rent and, after a $1,339/mo payment, leaves $159/mo in cash flow. Total monthly income is $1,958/mo, and annual cash flow is $1,903/yr on $90,665 invested. Return on cash invested sits at 22.01% in year one, and rental yield is 8.59% on a $273,500 entry. Equity gained on principal adds $1,765/yr, while 5% annual appreciation builds toward $75,563 over five years. Five-year ROI reaches 114.63% and total cumulative return in cash sums $103,928. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,958/mo property income rather than buyer’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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