0out of 100
Poor Deal

450 North Champion Avenue, Columbus, OH, USA

Score Breakdown
Value0/40
Cash Flow0/35
Location10/25
$
$550,000
%
$110,000 cash at risk up front
10
450 North Champion Avenue, Columbus, OH, USA
3 bd2 ba

Poor Deal

10/100

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

Highlights
  • Strong neighborhood (74/100)
Watch-outs
  • Priced 67% above market
  • $447/mo negative cash flow
  • Cap rate only 3.41%
  • No equity after repairs

Price vs. Market

Needs Work
Your offer
$295/sqft
Area avg
$144/sqft
105% above market average
Your offer
$550,000
At market rate
$268,848

ARV Assessment

Needs WorkLive · LLM + comps
ARV Low
$250k
Est. ARV
$350k
ARV High
$450k
Total Investment
$550k
Est. ARV
$350k
Rehab Cost
$10k
Potential Equity
$-200k
Comparable Reasoning

The After-Repair Value (ARV) range for the subject property is estimated between $250,000 and $450,000 after full renovation.

2 more details
Condition Assessment

Property presents in turnkey condition. Estimated rehab of $10k covers minor refresh and make-ready.

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
463 N Champion Ave, Columbus, OH
85% match
$115,000
$74/sqft
463 N Champion Ave, Columbus, OH
4 1 1,5630.04 misold Apr 2026
1250 Hildreth Ave, Columbus, OH
75% match
$105,000
$84/sqft
1250 Hildreth Ave, Columbus, OH
3 1 1,2480.11 misold May 2026
294 N 20th St, Columbus, OH
90% match
$305,000
$174/sqft
294 N 20th St, Columbus, OH
3 1.5 1,7560.37 misold Apr 2026
90 N Ohio Ave, Columbus, OH
95% match
$740,000
$241/sqft
90 N Ohio Ave, Columbus, OH
4 3.5 3,0720.54 misold May 2026
43 Winner Ave, Columbus, OH
92% match
$650,000
$144/sqft
43 Winner Ave, Columbus, OH
4 3 4,5250.58 misold Apr 2026
449-451 N Champion Ave, Columbus, OH
87% match
$318,000
449-451 N Champion Ave, Columbus, OH
60.03 misold May 2026
ARV & comps — see the full analysis on Offa

Rental Income

Needs WorkLive · 5 comps
25th pct
$2,000
Median /mo
$2,500
75th pct
$2,500
Monthly Rent
$2,500
Annual Rent
$30k
Rental Yield
5.5%
Cap Rate
3.0%
Market Assessment

Median area rent is $2,500/mo based on 5 comps. Standard deviation $418/mo indicates varied pricing in the area.

2 more details
Comparable Reasoning

Based on 5 comparable rentals of similar houses, monthly rents range from $2,000 (25th percentile) to $2,500 (75th percentile), with a median of $2,500.

Methodology

Median + 25th/75th percentile of comparable Realtor.com rentals. Standard deviation: $418.

Based on 5 rental comps · σ $418
Rental analysis — see the full analysis on Offa

Financing Calculator

Needs Work
Price
$550,000
Loan
$440,000
$110,000
%
%
↓ Monthly Costs
↑ Income Potential
Principal + Interest$2,927/mo
Estimated Rent$2,500/mo
Taxes + Insurance$360/mo
Cash-on-Cash Return-7.89%
Total Payment
$3,287/mo
Monthly Cash Flow
$-787/mo
Negative cash flow: $787/mo
Monthly expenses exceed rental income. Consider a lower offer, larger down payment, or higher rent.

Neighborhood Profile

Needs WorkLive Data
DTier
Developing Neighborhood36/100
Composite socioeconomic score
Median Income
$44k
Median Home
$282k
Median Rent
$930/mo
Homeownership
32.03%
Vacancy
19.15%
Population
9,093
Score Breakdown
Income & Wealth
25
Housing Market
30
Education
50
Employment
50
Stability
28
Infrastructure
77
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
17,000
1-Mile Density
5,414
Trend Years
2014–2023

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