0out of 100
Fair

1455 Olentangy River Road, Columbus, OH, USA

Score Breakdown
Value40/40
Cash Flow5/35
Location15/25
$
$420,000
%
$84,000 cash at risk up front
60
1455 Olentangy River Road, Columbus, OH, USA
4 bd3 ba

Fair

60/100

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

Highlights
  • Stable, average-risk fundamentals
Watch-outs
  • Priced 17% above market
  • $505/mo negative cash flow
  • Cap rate only 3.28%
  • No equity after repairs
  • Neighborhood scores 63/100

Price vs. Market

Good
Your offer
$239/sqft
Area avg
$326/sqft
27% below market average
Your offer
$420,000
At market rate
$571,804

ARV Assessment

GoodLive · LLM + comps
ARV Low
$650k
Est. ARV
$725k
ARV High
$800k
Total Investment
$420k
Est. ARV
$725k
Rehab Cost
$7k
Potential Equity
$305k
Comparable Reasoning

The After-Repair Value (ARV) for the subject property, after full renovation, is estimated to range from $650,000 to $800,000, with a midpoint of $725,000.

2 more details
Condition Assessment

Property presents in full gut condition. Estimated rehab of $7k covers structural, mechanical, and full interior.

Methodology

Sales-comparison approach using 6 live sold comps from Realtor.com (filtered from 10 candidates), evaluated by LLM for proximity, recency, and renovation quality.

High confidence6 live sold comps

Comparable Sales

6 comps
1786 Gerrard Ave, Columbus, OH
90% match
$440,000
$240/sqft
1786 Gerrard Ave, Columbus, OH
4 3 1,8370.56 misold Jun 2026
1224 Oxley Rd, Grandview, OH
87% match
$535,000
$464/sqft
1224 Oxley Rd, Grandview, OH
3 1.5 1,1520.60 misold Jun 2026
$725,000
$320/sqft
968 Pullman Pl, Grandview Heights, OH
3 3.5 2,2690.74 misold May 2026
View listing
924 Pullman Pl Unit 32, Columbus, OH
85% match
$799,900
$333/sqft
924 Pullman Pl Unit 32, Columbus, OH
3 3.5 2,4000.77 misold May 2026
1691 Northwest Blvd, Columbus, OH
79% match
$275,000
$255/sqft
1691 Northwest Blvd, Columbus, OH
2 1 1,0800.82 misold May 2026
1382 Hollywood Pl, Columbus, OH
81% match
$680,000
$392/sqft
1382 Hollywood Pl, Columbus, OH
4 2 1,7360.93 misold May 2026
ARV & comps — see the full analysis on Offa

Rental Income

Needs WorkLive · 6 comps
25th pct
$2,000
Median /mo
$2,230
75th pct
$2,400
Monthly Rent
$2,230
Annual Rent
$27k
Rental Yield
6.4%
Cap Rate
3.5%
Market Assessment

Median area rent is $2,230/mo based on 6 comps. Standard deviation $378/mo indicates varied pricing in the area.

2 more details
Comparable Reasoning

Based on 6 comparable rentals within 2.0 miles of similar houses, monthly rents range from $2,000 (25th percentile) to $2,400 (75th percentile), with a median of $2,230.

Methodology

Median + 25th/75th percentile of comparable Realtor.com rentals within 2.0 miles. Standard deviation: $378.

Based on 6 rental comps within 2.0 mi · σ $378
Rental analysis — see the full analysis on Offa

Financing Calculator

Needs Work
Price
$420,000
Loan
$336,000
$84,000
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$2,235/mo
Estimated Rent$2,230/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return-4.82%
Total Payment
$2,595/mo
Monthly Cash Flow
$-365/mo
Negative cash flow: $365/mo
Monthly expenses exceed rental income. Consider a lower offer, larger down payment, or higher rent.

Neighborhood Profile

FairLive Data
BTier
Stable Neighborhood65/100
Composite socioeconomic score
Median Income
$75k
Median Home
$515k
Median Rent
$1,382/mo
Homeownership
32.2%
Vacancy
7.72%
Population
23,092
Score Breakdown
Income & Wealth
69
Housing Market
53
Education
96
Employment
82
Stability
21
Infrastructure
90
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
16,000
1-Mile Density
5,096
Trend Years
2014–2023

Get alerts for deals like this in Columbus

We'll email you when matching off-market deals hit Offa's marketplace.

Similar Off-Market Deals Nearby