5024 Wymore Dr · Blacklick Estates, OH 43232

$175,000

3 bd · 1.0 ba · 936 sqft · SingleFamily public records · 4 Days on market

Built 1968 Est $200k · 13% under

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.3/30.0
• ARV discount +13.2/15.0
• DSCR +4.0/10.0
• 1% rule +3.8/10.0
• Livability +3.7/5.0
• Rent growth +3.1/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Great 3 bedroom in Groveport - huge 2 car garage. Large screened porch for extra room/family gatherings! Roomy kitchen w/ lots of cabinet space. Finished basement offers plenty of additional room. Convenient to schools, freeways, shopping, etc. Listing is by owner only - - no realtors involved. We have no objection/problem if you want a realtor to help you, but we are not hiring or paying your realtor - - you may wish to call directly to us. Curb offers only!! No Flippers Please!!

Key facts

• Cabinet space
• Finished basement
• Screened porch

Tags

• SCREENED PORCH
• FINISHED BASEMENT
• CABINET SPACE

Property features AI

Exterior

• Home design: Built in 1968
• Construction: Living area approximately 936
• Exterior features: Located in the South Columbus subdivision

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $1 ($8/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $153k (12.5% below list).
• Recommended offer: $153k (12.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 73/100 on livability (#314 in OH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute A-; Watch: crime C-, amenities F, health & safety F.
• Groveport Madison Local (suburban): math 23% / reading 38% proficiency, ranked #573 of 656 in OH (top 87%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.4%/yr); 94 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 8,139 units permitted in Franklin County in 2024 (5,940 in 5+ unit buildings).
• This rent runs 36% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Franklin County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $50k; list at $175k implies a 250% gain — meaningful room to come down on a strong offer.

Recommended offer $153,182 (12.5% below list)

Questions for the listing agent

1. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.88% ✗
• Cap rate: 6.30%
• Cash-on-cash: 0.02%
• DSCR: 1.00
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $200,304
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3492 Rodell Rd	0.20mi	3/1.0	936 (0%)	1mo	$157,500	$168	90
5106 Harbor Blvd	0.24mi	3/1.0	936 (0%)	3mo	$176,000	$188	86
3455 Tremaine Rd	0.11mi	4/1.5 (+1)	936 (0%)	2mo	$235,000	$251	86
3333 Latonia Ct	0.32mi	3/1.0	936 (0%)	3mo	$218,000	$233	83
3608 Clearwater Dr	0.38mi	3/1.0	936 (0%)	2mo	$200,000	$214	81
5391 Newport Rd	0.47mi	3/1.0	936 (0%)	5mo	$195,000	$208	74
3824 Wade Rd	0.54mi	3/1.0	936 (0%)	3mo	$210,000	$224	73
3739 Atkinson Rd	0.42mi	3/1.0	975 (+4%)	6mo	$192,765	$198	68
3811 Glenfield Rd	0.47mi	3/1.0	884 (-6%)	1mo	$135,000	$153	68
5174 Fullerton Dr	0.63mi	3/1.5	952 (+2%)	4mo	$215,000	$226	62
5308 Fullerton Dr	0.66mi	2/1.0 (-1)	912 (-3%)	1mo	$170,000	$186	59
5522 Newport Rd	0.63mi	3/1.0	1,008 (+8%)	4mo	$228,500	$227	54

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.36% rent growth · sell at horizon

5-year hold

• IRR: -17.0%
• Equity multiple: 0.40×
• Total profit: $-29,272
• Equity at exit: $26,093

10-year hold

• IRR: -10.1%
• Equity multiple: 0.40×
• Total profit: $-29,311
• Equity at exit: $15,131

Cash invested: $49,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 43232

• Rents YoY: 2.4%
• Active inventory: 94
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,532 high
• Mortgage (P&I): −$918
• Tax from tax record: −$219 /mo · $2,626/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$322
• Net cashflow: $1

Break-even live

Break-even rent $1,531

Max offer price $175,000

Occupancy floor 95%

Sensitivity live

Price	-10% $100	-5% $50	+0% $1	+5% $-49	+10% $-98
Rent	-10% $-120	-5% $-60	+0% $1	+5% $61	+10% $122
Rate	-1.0pp $89	-0.5pp $45	base $1	+0.5pp $-45	+1.0pp $-91

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5106 Harbor Blvd Columbus, OH	3.0	1.0	936	$1,600	$1.71	16d	1	0.23mi
5400 Cove Ave Columbus, OH	4.0	1.0	912	$1,450	$1.59	45d	1	0.51mi
3399 Beachworth Dr Unit B Columbus, OH	2.0	1.5	942	$1,100	$1.17	18d	1	0.66mi
3417 Beachworth Dr Unit 3417B Columbus, OH	2.0	1.5	900	$1,200	$1.33	18d	1	0.66mi
5020 Chatterton Rd Columbus, OH	1.0–2.0	1.0	674	$1,163	$1.73	3d	6	0.75mi
3995 Cracker Cove Ln Canal Winchester, OH	1.0–2.0	1.0–2.0	914	$1,485	$1.62	4d	13	1.09mi
4100 Lakeview Xing Groveport, OH	1.0–3.0	1.0–2.0	953	$1,975	$2.07	3d	1	1.22mi
3995 S Hamilton Rd Groveport, OH	1.0–3.0	1.0–2.0	953	$1,829	$1.92	3d	30	1.29mi
4261 Hamilton Square Blvd Groveport, OH	1.0–3.0	1.0–2.0	1106	$1,839	$1.66	3d	17	1.34mi
2400 Shore Blvd W Columbus, OH	1.0–2.0	1.0–1.5	729	$1,249	$1.71	3d	34	1.42mi

Listing history 3 events

1. 2026-06-21
   days on market $175,000 Active 4 DOM
2. 2026-06-17
   remarks 485-char remark
3. 2026-06-17
   listed $175,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $2,626 · $219/mo
• Projected year-2 tax: $2,678 · $223/mo
• Expected delta: +$52/yr (+$4/mo · 2.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥99°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,382
• − Mortgage interest: −$9,803
• − Property taxes: −$2,626
• − Insurance: −$875
• − Repairs & maintenance: −$1,471
• − Management: −$1,471
• − Depreciation: −$5,091
• Taxable loss: −$2,954
• Est. tax savings @ 24.0%: +$709
• After-tax cash flow: $717/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Groveport Madison Local
• NCES district ID: 3904697
• Math proficiency: 23% ▼ -25.00%
• Reading proficiency: 38% ▼ -16.00%
• Median HH income: $49,549
• Composite: 26.52/100
• National rank: #7200
• State rank: #573 of 656 in OH

Livability — Blacklick Estates

• Score: 73/100
• State rank: #314
• US rank: #5082

Category grades

Amenities F Commute A- Cost of living A+ Crime C- Employment C Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Blacklick Estates, OH
• County: Franklin County · 1,351,780 people
• Metro: Columbus, OH
• Population (ZIP): 47,364
• Household income: $51,417
• Rent vs Own: 60.6% rent · 39.4% own
• Severe rent burden: 2584.0

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 1,456,139 people
• By 2030: 1,556,890 · +6.9%
• By 2040: 1,757,349 · +20.7%
• By 2050: 1,950,539 · +34.0%
• By 2075: 2,376,171 · +63.2%
• By 2100: 2,636,796 · +81.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Black 58% White 26% Hispanic / Latino 8% Two or more races 7% Asian 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1% Dominican 1%
• Common ancestry: Swiss 1% Slovak 1% Italian 1%
• Foreign-born: 13% · Canada, China
• Languages at home: 86% English-only · Spanish 6% French/Haitian/Cajun 1%

Political lean MEDSL · Franklin

• 2024 margin: Strong D (+28.4) · D 63.7% · R 35.3% · Other 1.0%
• 2008→2024 swing: +7.7pp toward D · 2008: 20.7pp · 2024: 28.4pp
• All cycles: 2024: D+28.4 2020: D+31.4 2016: D+25.9 2012: D+21.7 2008: D+20.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -203.49%
• Current HPI: 249.3708
• Rent YoY: ▲ 2.36%
• Metro: Columbus, OH
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+250.0% since first listed

6 events — show timeline

• 2026-06-17 Listed $175,000 FSBO.com
• 2015-03-18 Listing Removed — CBRMLS
• 2014-09-29 Listed $59,900 CBRMLS
• 2014-07-16 Listing Removed — CBRMLS
• 2014-07-02 Listed $76,100 CBRMLS
• 1989-12-06 Sold (Public Records) $50,000 Public Records

Property tax history

+11.1%/yr

Latest (2024): $2,626 · +0.7% YoY. Source: county tax records.