0out of 100
Below Average

125 East Woodruff Avenue, Columbus, OH, USA

Score Breakdown
Value23/40
Cash Flow7/35
Location17/25
$
$450,000
%
$90,000 cash at risk up front
47
125 East Woodruff Avenue, Columbus, OH, USA
Deal Analysis

Below Average

47/100

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

Highlights
  • Strong neighborhood (75/100)
Watch-outs
  • Priced 7% above market
  • $305/mo negative cash flow
  • Cap rate only 3.59%
  • No equity after repairs

Price vs. Market

Needs Work
Your offer
$217/sqft
Area avg
$203/sqft
7% above market average
Your offer
$450,000
At market rate
$420,819

ARV Assessment

Needs WorkAI Estimate
ARV Low
$370k
Est. ARV
$425k
ARV High
$463k
Total Investment
$450k
Est. ARV
$425k
Rehab Cost
$9k
Potential Equity
$-25k
Comparable Reasoning

Based on 4 recent sales within 0.5 miles, comparable multi-family homes of similar size traded between $370k and $463k. The subject's 2,073 sqft and 4bd/3ba layout supports a midpoint estimate of $425k.

2 more details
Condition Assessment

Property presents in moderate condition. Estimated rehab of $9k covers kitchen, baths, and systems.

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

Needs WorkAI Estimate
Rent Low
$2,250
Est. Rent/mo
$2,450
Rent High
$2,700
Monthly Rent
$2,450
Annual Rent
$29k
Rental Yield
6.5%
Cap Rate
3.6%
Market Assessment

The Columbus rental market shows strong demand. Median area rent is $1,299/mo with a 15% vacancy rate.

2 more details
Comparable Reasoning

Comparable 4bd units nearby rent for $2,250–$2,700. At $2,450/mo the gross yield is 6.53% of the purchase price.

Methodology

Rent estimated from active and leased comps adjusted for size, condition, and submarket trends.

Rental analysis — see the full analysis on Offa

Financing Calculator

Needs Work
Price
$450,000
Loan
$360,000
$90,000
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$2,395/mo
Estimated Rent$2,450/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return-4.07%
Total Payment
$2,755/mo
Monthly Cash Flow
$-305/mo
Negative cash flow: $305/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
15,000
1-Mile Density
4,777
Trend Years
2014–2023

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