539 S Weyant Ave · Columbus, OH 43213

$145,000

3 bd · 1.0 ba · 1,044 sqft · SingleFamily public records · 3 Days on market

Built 1951 5,227 sqft lot Est $151k · at est.

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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 +14.9/30.0
• ARV discount +9.4/15.0
• DSCR +4.5/10.0
• 1% rule +4.1/10.0
• Livability +4.0/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

SOLD AS IS, TAKE A LOOK.

Key facts

• 5,227 sq ft lot
• Built 1951
• Listed 3 days

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-family residence; One and one-half stories; Built in 1951; No common walls
• Construction: Block foundation
• Exterior features: Shed(s)

Interior

• Bedrooms: 2 main-level bedrooms
• Flooring: Wood flooring; Laminate flooring; Carpet
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Decorative fireplace (1); Insulated windows; Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $42 ($501/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 $131k (9.3% below list).
• Recommended offer: $131k (9.3% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 3.8% in Columbus — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#97 in OH, #1,491 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment C-, crime F.
• Columbus City School District (urban): math 15% / reading 26% proficiency, ranked #626 of 656 in OH (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Indianola Informal K-8 School (math 43% / reading 58%, grade D+, #896 of 1,584 statewide, top 57%, 684 students, 0% FRL); Arts Impact Middle School (Aims) (math 17% / reading 25%, grade F, #608 of 654 statewide, top 93%, 532 students, 0% FRL); Columbus Alternative High School (math 27% / reading 74%, grade D+, #380 of 781 statewide, top 49%, 758 students, 0% FRL) — zoned schools average 0% FRL vs 72% district-wide (72 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 41% at this address vs 20% district-wide (+20 pts) — the actual schools serving this property are materially stronger than the Columbus City School District average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+2.3%/yr); 70 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 8,139 units permitted in Franklin County in 2024 (5,940 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 22y ago; this cycle's ask is 79% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $81k; list at $145k implies a 79% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $131,454 (9.3% below list)

Questions for the listing agent

1. Built in 1951 — 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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. 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?
5. 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.
6. 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.
7. 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: 0.91% ✗
• Cap rate: 6.64%
• Cash-on-cash: 1.23%
• DSCR: 1.05
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $151,380
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
450 S Waverly St	0.13mi	3/1.5	966 (-8%)	2mo	$140,000	$145	78
514 S Napoleon Ave	0.11mi	2/2.0 (-1)	1,096 (+5%)	3mo	$185,000	$169	75
624 Elizabeth Ave	0.23mi	2/1.0 (-1)	1,104 (+6%)	2mo	$83,210	$75	74
871 Ruby Ave	0.48mi	3/2.0	1,061 (+2%)	1mo	$143,000	$135	70
733 S Napoleon Ave	0.28mi	3/2.0	1,110 (+6%)	3mo	$210,000	$189	70
711 S Waverly St	0.27mi	3/2.0	984 (-6%)	6mo	$221,875	$225	69
201 S Weyant Ave	0.50mi	3/1.5	1,066 (+2%)	6mo	$115,000	$108	67
845 S Hampton Rd	0.50mi	3/1.0	979 (-6%)	1mo	$120,000	$123	66
208 S Weyant Ave	0.49mi	2/1.0 (-1)	1,008 (-3%)	1mo	$110,000	$109	65
178 S Weyant Ave	0.54mi	2/1.0 (-1)	1,080 (+3%)	6mo	$185,000	$171	60
78 S Weyant Ave	0.68mi	3/2.0	1,008 (-3%)	5mo	$137,500	$136	54
824 S Ashburton Rd	0.53mi	3/2.0	925 (-11%)	1mo	$165,000	$178	52

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 · 2.29% rent growth · sell at horizon

5-year hold

• IRR: -15.1%
• Equity multiple: 0.46×
• Total profit: $-21,756
• Equity at exit: $21,620

10-year hold

• IRR: -7.7%
• Equity multiple: 0.53×
• Total profit: $-19,229
• Equity at exit: $12,537

Cash invested: $40,600 (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 43213

• Rents YoY: 2.3%
• Active inventory: 70
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,315 high
• Mortgage (P&I): −$760
• Tax from tax record: −$176 /mo · $2,112/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $42

Break-even live

Break-even rent $1,262

Max offer price $145,000

Occupancy floor 92%

Sensitivity live

Price	-10% $124	-5% $83	+0% $42	+5% $1	+10% $-40
Rent	-10% $-62	-5% $-10	+0% $42	+5% $94	+10% $146
Rate	-1.0pp $115	-0.5pp $79	base $42	+0.5pp $4	+1.0pp $-34

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
416 S Weyant Ave Columbus, OH	2.0	1.0	720	$1,149	$1.60	26d	1	0.20mi
429 Barnett Rd Unit A Columbus, OH	2.0	1.5	1312	$1,000	$0.76	46d	1	0.23mi
525 S Everett Ave Columbus, OH	3.0	1.0	1137	$1,500	$1.32	17d	1	0.25mi
384-386 S Napoleon Ave Columbus, OH	3.0	1.5	1140	$1,350	$1.18	46d	1	0.27mi
393 Barnett Rd Columbus, OH	2.0	1.5	840	$975	$1.16	26d	1	0.27mi
694-696 S Everett Ave Columbus, OH	2.0	1.0	896	$1,195	$1.33	46d	1	0.35mi
802 Ruby Ave Columbus, OH	3.0	2.0	1004	$1,875	$1.87	46d	1	0.37mi
301 S Napoleon Ave Unit D Columbus, OH	2.0	1.0	860	$1,000	$1.16	26d	1	0.38mi
301 S Napoleon Ave Unit D Columbus, OH	2.0	1.0	860	$1,000	$1.16	46d	1	0.38mi
3540 E Main St Columbus, OH	2.0	1.0	914	$1,074	$1.18	5d	5	0.38mi
281 S Napoleon Ave Columbus, OH	2.0	1.0	850	$900	$1.06	9d	1	0.40mi
849 Byron Ave Columbus, OH	3.0	1.5	936	$1,400	$1.50	9d	1	0.44mi
526 Collingwood Ave Columbus, OH	3.0	1.0	1200	$1,850	$1.54	0d	1	0.45mi
857 S Waverly St Columbus, OH	3.0	1.0	850	$1,250	$1.47	46d	1	0.48mi
892 Ruby Ave Columbus, OH	2.0	2.0	1100	$1,500	$1.36	46d	1	0.50mi
522 Eastmoor Blvd Unit B Columbus, OH	2.0	1.0	1000	$1,200	$1.20	0d	1	0.52mi
3287 E Mound St Columbus, OH	2.0	1.5	1100	$1,300	$1.18	23d	1	0.53mi
914 S Weyant Ave Columbus, OH	3.0	1.5	1089	$1,099	$1.01	19d	1	0.54mi
461 Eastmoor Blvd Columbus, OH	2.0	1.0	1100	$1,295	$1.18	19d	1	0.56mi
662-664 Eastmoor Blvd Columbus, OH	2.0	1.0	1200	$1,100	$0.92	14d	1	0.60mi
662-664 Eastmoor Blvd Columbus, OH	2.0	1.0	1200	$1,100	$0.92	14d	1	0.60mi
925 S Ashburton Rd Columbus, OH	3.0	1.0	963	$1,500	$1.56	26d	1	0.68mi
51 Mayfair Blvd Columbus, OH	2.0	1.0	869	$1,232	$1.42	0d	5	0.72mi
26 S Hampton Rd Unit C Columbus, OH	3.0	2.0	1500	$1,600	$1.07	46d	1	0.74mi
26 S Hampton Rd Unit D Columbus, OH	2.0	2.0	1200	$1,200	$1.00	26d	1	0.75mi
3438-3448 E Broad St Columbus, OH	2.0	1.0	975	$800	$0.82	46d	1	0.82mi
406 Beechtree Rd Whitehall, OH	3.0	1.0	950	$1,300	$1.37	26d	1	0.87mi
3855 E Mound St Columbus, OH	3.0	1.0	1476	$1,885	$1.28	46d	1	0.88mi
57-59 N Waverly St Columbus, OH	2.0	1.0	1000	$1,000	$1.00	23d	1	0.89mi
59 N Waverly St Columbus, OH	2.0	1.0	1000	$1,000	$1.00	9d	1	0.89mi
59 N Waverly St Columbus, OH	2.0	1.0	1000	$1,000	$1.00	22d	1	0.89mi
59 N Waverly St Columbus, OH	2.0	1.0	1000	$1,000	$1.00	23d	1	0.89mi
68 N Waverly St Columbus, OH	3.0	1.0	968	$1,350	$1.39	46d	1	0.90mi
1079 S James Rd Columbus, OH	2.0	1.0	768	$995	$1.30	46d	1	0.93mi
802 Kenwick Rd Columbus, OH	2.0	1.0	950	$995	$1.05	0d	1	0.97mi
65 Robinwood Ave Whitehall, OH	1.0–2.0	1.0–2.0	803	$1,450	$1.81	0d	6	0.98mi
3974 Andrus Ct E Unit 3982D Columbus, OH	2.0	1.5	950	$1,285	$1.35	26d	1	1.03mi
3974 Andrus Ct E Unit 3996C Columbus, OH	2.0	1.5	950	$1,185	$1.25	26d	1	1.03mi
3974 Andrus Ave Columbus, OH	2.0	1.5	950	$1,235	$1.30	26d	3	1.04mi
1256 Rand Ave Columbus, OH	2.0	1.0	967	$1,299	$1.34	46d	1	1.06mi

Listing history 25 events

1. 2026-06-22
   days on market $145,000 Active 3 DOM
2. 2026-06-21
   statusdays on market $145,000 Active 2 DOM
3. 2026-06-18
   days on market $145,000 Coming Soon 23 DOM
4. 2026-06-17
   days on market $145,000 Coming Soon 22 DOM
5. 2026-06-16
   days on market $145,000 Coming Soon 21 DOM
6. 2026-06-15
   days on market $145,000 Coming Soon 20 DOM
7. 2026-06-13
   days on market $145,000 Coming Soon 18 DOM
8. 2026-06-13
   days on market $145,000 Coming Soon 17 DOM
9. 2026-06-09
   days on market $145,000 Coming Soon 14 DOM
10. 2026-06-08
    days on market $145,000 Coming Soon 13 DOM
11. 2026-06-07
    days on market $145,000 Coming Soon 12 DOM
12. 2026-06-05
    days on market $145,000 Coming Soon 9 DOM
13. 2026-06-03
    days on market $145,000 Coming Soon 8 DOM
14. 2026-06-02
    days on market $145,000 Coming Soon 7 DOM
15. 2026-06-01
    days on market $145,000 Coming Soon 6 DOM
16. 2026-05-31
    days on market $145,000 Coming Soon 5 DOM
17. 2026-05-27
    historical $145,000
18. 2005-10-14
    soldstatus $80,900
19. 2005-08-26
    historical
20. 2005-02-25
    listed $80,900
21. 2004-12-20
    soldstatus $50,000
22. 2004-12-10
    soldstatus $50,000 24-char remark

    Show marketing remark (24 chars)

    SOLD AS IS, TAKE A LOOK.

23. 2004-11-28
    historical 24-char remark

    Show marketing remark (24 chars)

    SOLD AS IS, TAKE A LOOK.

24. 2004-09-20
    listed $56,300 24-char remark

    Show marketing remark (24 chars)

    SOLD AS IS, TAKE A LOOK.

25. 1993-03-31
    soldstatus $46,900

ⓘ 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: $2,112 · $176/mo
• Projected year-2 tax: $2,187 · $182/mo
• Expected delta: +$75/yr (+$6/mo · 3.6%)

ⓘ 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 3/10 Moderate 7 d/yr ≥99°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,774
• − Mortgage interest: −$8,122
• − Property taxes: −$2,112
• − Insurance: −$725
• − Repairs & maintenance: −$1,262
• − Management: −$1,262
• − Depreciation: −$4,218
• Taxable loss: −$1,926
• Est. tax savings @ 24.0%: +$462
• After-tax cash flow: $963/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: Columbus City School District
• NCES district ID: 3904380
• Math proficiency: 15% ▼ -17.00%
• Reading proficiency: 26% ▼ -12.00%
• Median HH income: $38,483
• Composite: 17.19/100
• National rank: #9105
• State rank: #626 of 656 in OH

Livability — Columbus

• Score: 81/100
• State rank: #97
• US rank: #1491

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Columbus, OH
• County: Franklin County · 1,351,780 people
• City population: 612,189
• Metro: Columbus, OH
• Population (ZIP): 36,273
• Household income: $54,704
• Rent vs Own: 59.4% rent · 40.6% own
• Severe rent burden: 2583.0

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 0.66)
• Race & ethnicity: Black 45% White 36% Hispanic / Latino 10% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2%
• Common ancestry: Romanian 2% Slovak 1% Lithuanian 1%
• Foreign-born: 15% · Canada, China
• Languages at home: 79% English-only · Spanish 8% Other Indo-European 1% 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: ▼ -243.35%
• Current HPI: 198.5072
• Rent YoY: ▲ 2.29%
• 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

+209.2% since first listed

9 events — show timeline

• 2026-05-27 Coming Soon $145,000 CBRMLS
• 2005-10-14 Sold (Public Records) $80,900 Public Records
• 2005-08-26 Listing Removed — CBRMLS
• 2005-02-25 Listed $80,900 CBRMLS
• 2004-12-20 Sold (Public Records) $50,000 Public Records
• 2004-12-10 Sold (MLS) $50,000 CBRMLS
• 2004-11-28 Listing Removed — CBRMLS
• 2004-09-20 Listed $56,300 CBRMLS
• 1993-03-31 Sold (Public Records) $46,900 Public Records

Property tax history

+4.6%/yr

Latest (2024): $2,112 · +1.3% YoY. Source: county tax records.