2825 S Hampton Rd S · Columbus, OH 43232

$155,000

3 bd · 1.5 ba · 1,628 sqft · SingleFamily public records · 32 Days on market

Built 1968 0.25 ac lot Est $287k · 46% under

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Why this score? — see what drove the C+ 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 +20.9/30.0
• ARV discount +15.0/15.0
• DSCR +6.7/10.0
• 1% rule +6.0/10.0
• Livability +4.0/5.0
• Rent growth +3.1/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

THE REALTOR IS THE RECEIVER APPOINTED BY THE FRANKLIN COUNTY MUNICIPAL COURT, ENVIRONMENTAL DIVISION. Back on the market, this property includes the main parcel plus 3 additional adjoining parcels, totaling 1.18 acres (see map in photos). Cleaned out and ready for your improvements, great opportunity to make this property your own. * * SEE AGENT TO AGENT REMARKS * *

Key facts

• 0.25 acre lot
• Garage
• Built 1968

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $216 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $150k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.0% 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.
• 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.
• Zoned schools: Groveport Madison High School (math 14% / reading 46%, grade F, #616 of 781 statewide, top 79%, 1,831 students, 75% FRL).
• Market conditions: Rents rising (+2.4%/yr); 94 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 8,139 units permitted in Franklin County in 2024 (5,940 in 5+ unit buildings).
• This rent runs 40% 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

• It's been on market 32 days — a 3% lower offer ($150k) is reasonable based on typical stale-listing flexibility.

Recommended offer $150,350 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.10% ✓
• Cap rate: 7.96%
• Cash-on-cash: 5.97%
• DSCR: 1.27
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $286,528
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3075 Wessex Ct	0.10mi	3/1.0	1,590 (-2%)	8mo	$185,000	$116	83
2960 Schwartz Rd	0.25mi	3/2.5	1,621 (-0%)	1mo	$275,000	$170	83
3000 Westwick Rd	0.32mi	3/2.0	1,633 (+0%)	13mo	$335,000	$205	72
2935 Lake Park Dr	0.20mi	3/1.0	1,456 (-11%)	12mo	$230,000	$158	61
3037 Westwick Rd	0.33mi	3/2.0	1,700 (+4%)	20mo	$350,000	$206	58
2981 Stonebluff Dr	0.50mi	3/2.5	1,488 (-9%)	4mo	$285,000	$192	55
2949 Tracer Rd	0.45mi	4/2.5 (+1)	1,611 (-1%)	17mo	$280,000	$174	54
3111 Briar Ridge Rd	0.62mi	3/2.0	1,508 (-7%)	7mo	$279,000	$185	51
2944 Remington Ridge Rd	0.58mi	3/2.5	1,720 (+6%)	15mo	$290,000	$169	47
3082 Remington Ridge Rd	0.60mi	3/2.0	1,532 (-6%)	17mo	$243,000	$159	46
3093 Briar Ridge Rd	0.63mi	3/2.5	1,464 (-10%)	12mo	$287,000	$196	40
3471 Marlin Dr	0.65mi	3/2.0	1,400 (-14%)	7mo	$247,000	$176	39

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: -7.8%
• Equity multiple: 0.71×
• Total profit: $-12,390
• Equity at exit: $23,111

10-year hold

• IRR: 0.9%
• Equity multiple: 1.06×
• Total profit: $2,758
• Equity at exit: $13,402

Cash invested: $43,400 (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 43232

• Rents YoY: 2.4%
• Active inventory: 94
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,702 high
• Mortgage (P&I): −$813
• Tax from tax record: −$251 /mo · $3,010/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$357
• Net cashflow: $216

Break-even live

Break-even rent $1,428

Max offer price $155,000

Occupancy floor 82%

Sensitivity live

Price	-10% $304	-5% $260	+0% $216	+5% $172	+10% $128
Rent	-10% $82	-5% $149	+0% $216	+5% $283	+10% $350
Rate	-1.0pp $294	-0.5pp $255	base $216	+0.5pp $176	+1.0pp $135

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3071 Rotunda Ct S Columbus, OH	4.0	2.5	1147	$1,400	$1.22	45d	1	0.80mi
2209 Wabash Ct W Columbus, OH	1.0–2.0	1.0–1.5	826	$1,456	$1.76	4d	6	0.84mi
2475 Lawndale Ave Columbus, OH	3.0	2.0	1362	$1,945	$1.43	25d	1	0.95mi
2645 Travis Rd Columbus, OH	1.0–3.0	1.0–1.5	1100	$1,725	$1.57	45d	6	1.09mi
1892 Somerset Ct E Columbus, OH	4.0	2.0	1300	$1,725	$1.33	25d	1	1.30mi
2500 Waters Edge Blvd Unit 042 Columbus, OH	2.0	2.0	1057	$1,635	$1.55	5d	1	1.38mi
3611 Bill of Rights Sq Columbus, OH	3.0	1.5	1200	$1,885	$1.57	16d	1	1.43mi
3409 Bexvie Ave Columbus, OH	2.0–3.0	1.5	990	$1,400	$1.41	3d	3	1.49mi
1728 Penfield Rd Columbus, OH	3.0	1.0	1224	$1,925	$1.57	45d	1	1.49mi

Listing history 15 events

1. 2026-06-17
   status $155,000 Pending 32 DOM
2. 2026-06-17
   days on market $155,000 Active 32 DOM
3. 2026-06-16
   days on market $155,000 Active 31 DOM
4. 2026-06-15
   days on market $155,000 Active 30 DOM
5. 2026-06-13
   days on market $155,000 Active 28 DOM
6. 2026-06-13
   days on market $155,000 Active 27 DOM
7. 2026-06-09
   days on market $155,000 Active 24 DOM
8. 2026-06-08
   days on market $155,000 Active 23 DOM
9. 2026-06-07
   days on market $155,000 Active 22 DOM
10. 2026-06-03
    days on market $155,000 Active 18 DOM
11. 2026-06-02
    days on market $155,000 Active 17 DOM
12. 2026-06-01
    days on market $155,000 Active 16 DOM
13. 2026-05-31
    days on market $155,000 Active 15 DOM
14. 2025-10-03
    status Pending
15. 2025-09-22
    listed $155,000 Active

ⓘ 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: $3,010 · $251/mo
• Projected year-2 tax: $3,010 · $251/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥101°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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,419
• − Mortgage interest: −$8,682
• − Property taxes: −$3,010
• − Insurance: −$775
• − Repairs & maintenance: −$1,633
• − Management: −$1,633
• − Depreciation: −$4,509
• Taxable income: $175
• Est. tax owed @ 24.0%: −$42
• After-tax cash flow: $2,550/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 — 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): 47,364
• 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

2 events — show timeline

• 2025-10-03 Pending — CBRMLS
• 2025-09-22 Listed $155,000 CBRMLS

Property tax history

+9.4%/yr

Latest (2024): $3,010 · +4.1% YoY. Source: county tax records.