3184 Weirton Dr · Columbus, OH 43207

$180,000

3 bd · 1.0 ba · 932 sqft · SingleFamily public records · 6 Days on market

Built 1960 7,840 sqft lot Est $182k · 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 +7.9/15.0
• DSCR +4.5/10.0
• Livability +4.0/5.0
• 1% rule +3.5/10.0
• 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

Looks like new! Beautiful, move in ready 3 bedroom bi-level home with off street parking and huge fenced backyard, All new roof, kitchen, bathroom, flooring, carpet, water heater, furnace and air conditioner. Great family neighborhood in South Columbus

Key facts

• 7,840 sq ft lot
• Built 1960
• Listed 6 days

Property features AI

Exterior

• Security: Security system
• Utilities: Public water; Public sewer
• Home design: Single family residence; Bi-level layout; Built in 1960
• Construction: Block foundation
• Exterior features: Fenced yard

Interior

• Flooring: Laminate flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Insulated windows throughout; Crawl space basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $51 ($614/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 $154k (14.6% below list).
• Recommended offer: $154k (14.6% 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.
• Market conditions: Rents rising (+2.3%/yr); 196 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $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 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 7y 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 $98k; list at $180k implies a 84% gain — meaningful room to come down on a strong offer.

Recommended offer $153,671 (14.6% below list)

Questions for the listing agent

1. Built in 1960 — 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: 0.85% ✗
• Cap rate: 6.63%
• Cash-on-cash: 1.22%
• DSCR: 1.05
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $181,740
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3114 Fairwood Ave	0.27mi	3/1.0	932 (0%)	1mo	$170,000	$182	86
3115 Houston Dr	0.11mi	3/1.0	864 (-7%)	4mo	$106,000	$123	79
3067 Huntington Dr	0.18mi	3/1.0	864 (-7%)	4mo	$158,000	$183	76
3018 Woodway Rd	0.38mi	3/1.0	896 (-4%)	1mo	$176,400	$197	75
1382 Southfield Dr S	0.33mi	3/1.0	896 (-4%)	6mo	$175,000	$195	73
3072 Bluefield Dr	0.22mi	3/1.0	864 (-7%)	5mo	$180,000	$208	73
2963 Fairwood Ave	0.41mi	3/1.0	896 (-4%)	6mo	$180,200	$201	69
3032 Baker Hill Rd	0.63mi	3/1.0	938 (+1%)	2mo	$202,900	$216	68
1471 Watkins Rd	0.34mi	3/1.0	864 (-7%)	7mo	$165,000	$191	66
1338 Clarfield Ave	0.38mi	2/1.0 (-1)	985 (+6%)	8mo	$170,000	$173	61
3217 Fairwood Ave	0.33mi	3/1.0	825 (-12%)	8mo	$230,000	$279	59
1249 Evergreen Rd	0.68mi	3/1.0	1,012 (+9%)	1mo	$120,000	$119	53

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 · 2.32% rent growth · sell at horizon

5-year hold

• IRR: -15.1%
• Equity multiple: 0.46×
• Total profit: $-26,979
• Equity at exit: $26,839

10-year hold

• IRR: -7.6%
• Equity multiple: 0.53×
• Total profit: $-23,630
• Equity at exit: $15,563

Cash invested: $50,400 (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 43207

• Rents YoY: 2.3%
• Active inventory: 196
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,537 high
• Mortgage (P&I): −$944
• Tax from tax record: −$144 /mo · $1,727/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$323
• Net cashflow: $51

Break-even live

Break-even rent $1,472

Max offer price $180,000

Occupancy floor 92%

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1584 Southfield Dr S Columbus, OH	3.0	1.0	934	$1,495	$1.60	3d	1	0.03mi
1503 Southfield Dr S Columbus, OH	3.0	1.0	900	$1,395	$1.55	7d	1	0.17mi
3047 Baker Hill Rd Columbus, OH	3.0	1.0	896	$1,300	$1.45	43d	1	0.66mi
1285 Evergreen Rd Columbus, OH	3.0	2.0	888	$1,750	$1.97	20d	1	0.68mi
1074 Tobi Dr Columbus, OH	3.0	1.0	1066	$1,495	$1.40	43d	1	1.29mi

Listing history 7 events

1. 2026-06-18
   days on market $180,000 Active 6 DOM
2. 2026-06-17
   days on market $180,000 Active 5 DOM
3. 2026-06-16
   days on market $180,000 Active 4 DOM
4. 2026-06-15
   days on market $180,000 Active 3 DOM
5. 2026-06-13
   status $180,000 Active 1 DOM
6. 2026-06-09
   remarks 403-char remark
7. 2026-06-09
   listed $180,000 Coming Soon 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: $1,727 · $144/mo
• Projected year-2 tax: $2,267 · $189/mo
• Expected delta: +$541/yr (+$45/mo · 31.3%)

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

Taxation est. · year 1

• Rental income: $18,441
• − Mortgage interest: −$10,083
• − Property taxes: −$1,727
• − Insurance: −$900
• − Repairs & maintenance: −$1,475
• − Management: −$1,475
• − Depreciation: −$5,236
• Taxable loss: −$2,456
• Est. tax savings @ 24.0%: +$589
• After-tax cash flow: $1,204/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): 47,272
• Household income: $63,310
• Rent vs Own: 41.0% rent · 59.0% own
• Severe rent burden: 1679.0

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 0.57)
• Race & ethnicity: White 59% Black 28% Two or more races 7% Hispanic / Latino 5% Asian 1%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Italian 2% Romanian 2% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 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: ▼ -244.33%
• Current HPI: 268.3028
• Rent YoY: ▲ 2.32%
• 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

+200.0% since first listed

13 events — show timeline

• 2026-06-08 Coming Soon $180,000 CBRMLS
• 2024-11-02 Listing Removed — CBRMLS
• 2024-10-16 Price Changed $174,900 CBRMLS
• 2024-10-04 Relisted — CBRMLS
• 2024-09-13 Contingent — CBRMLS
• 2024-09-09 Price Changed $179,900 CBRMLS
• 2024-08-26 Listed $184,900 CBRMLS
• 2019-11-07 Sold (Public Records) $98,000 Public Records
• 2019-10-31 Sold (MLS) $98,000 CBRMLS
• 2019-09-19 Contingent — CBRMLS
• 2019-09-17 Listed $98,000 CBRMLS
• 2005-04-14 Sold (Public Records) $76,000 Public Records
• 2001-08-16 Sold (Public Records) $60,000 Public Records

Property tax history

+7.1%/yr

Latest (2024): $1,727 · +1.3% YoY. Source: county tax records.