0out of 100
Fair

1230 North High Street, Columbus, OH, USA

Score Breakdown
Value28/40
Cash Flow13/35
Location11/25
$
$250,000
%
$50,000 cash at risk up front
52
1230 North High Street, Columbus, OH, USA
3 bd1 ba

Fair

52/100

This deal is workable. Watch that the price sits above market monthly cash flow is negative.

Highlights
  • Strong neighborhood (73/100)
Watch-outs
  • Priced 1% above market
  • $51/mo negative cash flow
  • Cap rate only 4.33%

Price vs. Market

Fair
Your offer
$133/sqft
Area avg
$132/sqft
1% above market average
Your offer
$250,000
At market rate
$248,424

ARV Assessment

FairAI Estimate
ARV Low
$240k
Est. ARV
$273k
ARV High
$306k
Total Investment
$250k
Est. ARV
$273k
Rehab Cost
$10k
Potential Equity
$23k
Comparable Reasoning

Based on 5 recent sales within 0.5 miles, comparable condo homes of similar size traded between $240k and $306k. The subject's 1,882 sqft and 3bd/1ba layout supports a midpoint estimate of $273k.

2 more details
Condition Assessment

Property presents in full gut condition. Estimated rehab of $10k covers structural, mechanical, and full interior.

Methodology

Sales-comparison approach weighted by recency, proximity, and price-per-sqft, adjusted for condition and lot. Confidence: moderate.

Moderate confidenceNo photos analyzed
ARV & comps — see the full analysis on Offa

Rental Income

FairLive · 19 comps
25th pct
$1,450
Median /mo
$1,600
75th pct
$1,880
Monthly Rent
$1,600
Annual Rent
$19k
Rental Yield
7.7%
Cap Rate
4.2%
Market Assessment

Median area rent is $1,600/mo based on 19 comps. Standard deviation $248/mo indicates varied pricing in the area.

2 more details
Comparable Reasoning

Based on 19 comparable rentals of similar houses, monthly rents range from $1,450 (25th percentile) to $1,880 (75th percentile), with a median of $1,600.

Methodology

Median + 25th/75th percentile of comparable Realtor.com rentals. Standard deviation: $248.

Based on 19 rental comps · σ $248
Rental analysis — see the full analysis on Offa

Financing Calculator

Needs Work
Price
$250,000
Loan
$200,000
$50,000
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$1,331/mo
Estimated Rent$1,600/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return-1.83%
Total Payment
$1,691/mo
Monthly Cash Flow
$-91/mo
Negative cash flow: $91/mo
Monthly expenses exceed rental income. Consider a lower offer, larger down payment, or higher rent.

Neighborhood Profile

Needs WorkLive Data
CTier
Developing Neighborhood45/100
Composite socioeconomic score
Median Income
$43k
Median Home
$438k
Median Rent
$1,299/mo
Homeownership
16.84%
Vacancy
14.74%
Population
33,873
Score Breakdown
Income & Wealth
25
Housing Market
42
Education
92
Employment
64
Stability
8
Infrastructure
86
Neighborhood data — see the full analysis on Offa

City Population

GoodLive Data
Columbus, OH
10-year population trend
+11.6% / decade
City Population
906,480
Density / sq mi
4,107
Area (sq mi)
221
Within 1 Mile
14,000
1-Mile Density
4,459
Trend Years
2014–2023

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