609 N Julia St UNIT 9UrbanaOH43078
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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 Urbana at 609 N Julia St UNIT 9, Urbana, OH, 43078 offers a 8.15% rental yield on a $190,000 purchase with $1,290/mo rent. 45% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 96.37% and total cumulative return in cash at $60,696. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,290/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1996
2,178 sqft lot
$N/A/sqft
$1,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43078, Urbana, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,456 (100%) |
| Owner Occupied HU | 6,238 (66.0%) |
| Renter Occupied HU | 2,505 (26.5%) |
| Vacant Housing Units | 713 ( 7.5%) |
| Median Home Value | $200,871 |
| Average Home Value | $247,874 |
Housing Distribution
Address Breakdown
Residential
8,838
Single Family
8,342
Multi-Family
496
Businesses
679
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Listed by: Virginia Golan • Howard Hanna Real Estate Srvcs
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225030292
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.