442 Gilbert Street, Columbus, OH, USA
Fair
53/100This is an excellent deal — priced below the local market with healthy equity after repairs. Watch that the rental yield is thin.
- 37% below area price per sqft
- $186k potential equity (32%)
- $727/mo positive cash flow
- Established neighborhood (83/100)
- Cap rate only 5.75%
Price vs. Market
ARV Assessment
Based on 3 recent sales within 0.5 miles, comparable single family homes of similar size traded between $435k and $546k. The subject's 2,164 sqft and 3bd/1ba layout supports a midpoint estimate of $506k.
2 more details
Property presents in cosmetic condition. Estimated rehab of $5k covers paint, flooring, and fixtures.
Sales-comparison approach weighted by recency, proximity, and price-per-sqft, adjusted for condition and lot. Confidence: high.
Rental Income
Median area rent is $1,500/mo based on 8 comps. Standard deviation $153/mo indicates consistent pricing in the area.
2 more details
Based on 8 comparable rentals of similar houses, monthly rents range from $1,350 (25th percentile) to $1,600 (75th percentile), with a median of $1,500.
Median + 25th/75th percentile of comparable Realtor.com rentals. Standard deviation: $153.
Financing Calculator
Neighborhood Profile
City Population
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
Full details available on Offa's marketplace.
