1817 Milford Ave · Columbus, OH 43224

$1

2 bd · 1.0 ba · 1,130 sqft · SingleFamily public records · 1 Days on market

Built 1938 10,018 sqft lot

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +5.1/30.0
• Livability +4.0/5.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• 1% rule +0.8/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Court Ordered Sale by Private Selling Officer. Auction ends on May 19, 2026. All information we have on the property is included. We have no additional information, property condition is unknown. NO SHOWINGS, NO trespassing for any reason. Information is thought to be correct but not guaranteed. 5% Buyer Premium added to the high bid, $5,000 deposit is due within 24 hours of bidding end.

Key facts

• 0.23 acre lot
• 2 garage spots
• Built 1938

Property features AI

Finance

• Other: Property offered via auction

Exterior

• Parking: Attached garage with 2 spaces
• Utilities: Public water; Public sewer
• Home design: Single family residence; Two levels; Built in 1938; No shared/common walls
• Construction: Poured foundation; Original construction completed in 1938
• Exterior features: Poured foundation; Lot of about 0.23 acres

Interior

• Bathrooms: 1 full bathroom
• Interior features: Full basement

🔨 Auction listing. The $1 list price is a nominal opening bid, not a real ask — every metric below is computed on the estimated value $204,530 (ARV from comps), not the list price.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $1.

Deal economics

• At list price, monthly cash flow is $-470 ($-6k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $1).

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); Linden-Mckinley Stem Academy (math 4% / reading 13%, grade F, #756 of 781 statewide, top 97%, 776 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.
• Market conditions: Rents rising fast (+4.2%/yr); 101 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); 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 $6k 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 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 306795.0% of price; built in 1938 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $1

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1938 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.58% ✗
• Cap rate: 3.54%
• Cash-on-cash: -9.84%
• DSCR: 0.56
• GRM: 14.3

CMA / ARV

• ARV (on-the-fly): $204,530
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1691 E Weber Rd	0.20mi	2/1.0	1,118 (-1%)	2mo	$95,000	$85	88
1660 E Weber Rd	0.22mi	2/1.0	1,030 (-9%)	0mo	$190,750	$185	74
2981 Norwood St	0.55mi	2/1.0	1,072 (-5%)	2mo	$240,000	$224	64
1408 Briarwood Ave	0.72mi	3/1.0 (+1)	1,144 (+1%)	0mo	$137,500	$120	59
2068 Agler Rd	0.39mi	2/1.0	960 (-15%)	2mo	$138,500	$144	55
3039 Dresden St	0.54mi	3/2.0 (+1)	1,211 (+7%)	1mo	$245,000	$202	53
1448 Manchester Ave	0.53mi	3/1.0 (+1)	1,014 (-10%)	0mo	$180,000	$178	53
2876 Medina Ave	0.56mi	3/1.0 (+1)	1,020 (-10%)	1mo	$218,000	$214	52
1562 Myrtle Ave	0.56mi	2/1.0	984 (-13%)	0mo	$145,000	$147	52
2728 Perdue Ave	0.60mi	3/1.0 (+1)	1,224 (+8%)	2mo	$100,000	$82	51
1678 Oakland Park Ave	0.58mi	3/2.0 (+1)	1,295 (+15%)	1mo	$235,000	$181	39
2873 Ontario St	0.69mi	3/1.0 (+1)	979 (-13%)	2mo	$231,900	$237	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 · 4.16% rent growth · sell at horizon

5-year hold

• IRR: -32.7%
• Equity multiple: -0.08×
• Total profit: $-61,631
• Equity at exit: $30,496

10-year hold

• IRR: -33.0%
• Equity multiple: -0.51×
• Total profit: $-86,192
• Equity at exit: $17,684

Cash invested: $57,268 (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 43224

• Rents YoY: 4.2%
• Active inventory: 101

Monthly cashflow live

• Estimated rent: $1,195 high
• Mortgage (P&I): −$1,073
• Tax est. 1.5%: −$256 /mo · $3,068/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $-470

Break-even live

Break-even rent $1,789

Max offer price $136,560

Occupancy floor —

Sensitivity live

Price	-10% $-328	-5% $-399	+0% $-470	+5% $-540	+10% $-611
Rent	-10% $-564	-5% $-517	+0% $-470	+5% $-423	+10% $-375
Rate	-1.0pp $-367	-0.5pp $-418	base $-470	+0.5pp $-523	+1.0pp $-577

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: $51,132
• Closing costs: $6,136
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2765 Cleveland Ave Unit B Columbus, OH	2.0	1.0	1100	$990	$0.90	19d	1	0.10mi
1849 Robert St Columbus, OH	3.0	1.0	816	$1,300	$1.59	5d	1	0.16mi
1709 E Weber Rd Columbus, OH	3.0	1.0	1154	$1,100	$0.95	45d	1	0.17mi
2718 Fern Ave Columbus, OH	3.0	1.0	1100	$1,640	$1.49	45d	1	0.27mi
1928 Agler Rd Columbus, OH	2.0	1.0	1000	$875	$0.88	45d	1	0.28mi
2505-2507 Cleveland Ave Unit F Columbus, OH	1.0	1.0	700	$1,100	$1.57	45d	1	0.40mi
1536 E Weber Rd Columbus, OH	3.0	2.0	1332	$1,695	$1.27	21d	1	0.40mi
1536 E Weber Rd Columbus, OH	3.0	2.0	1332	$1,695	$1.27	25d	1	0.40mi
2590 Parkwood Ave Unit 2590 Columbus, OH	3.0	1.0	1152	$1,400	$1.22	25d	1	0.44mi
1530 Genessee Ave Unit B Columbus, OH	2.0	1.0	800	$1,150	$1.44	5d	1	0.49mi
1576-1578 Arlington Ave Unit 1576 Columbus, OH	2.0	1.0	902	$1,000	$1.11	45d	1	0.50mi
1524 Genessee Ave Unit A Columbus, OH	2.0	1.0	800	$1,150	$1.44	4d	1	0.51mi
1954 Oakland Park Ave Unit C Columbus, OH	2.0	1.0	1000	$1,050	$1.05	45d	1	0.53mi
1952 Oakland Park Ave Apt A Columbus, OH	2.0	1.0	1000	$1,050	$1.05	45d	1	0.54mi
1952 Oakland Park Ave Unit C Columbus, OH	2.0	1.0	1000	$900	$0.90	25d	1	0.54mi
2836-2850 Baughman Ave Unit 2846 Columbus, OH	2.0	1.0	765	$950	$1.24	45d	1	0.56mi
2836-2850 Baughman Ave Unit 2844 Columbus, OH	2.0	1.0	1020	$950	$0.93	17d	1	0.56mi
2844 Baughman Ave Columbus, OH	2.0	1.0	1020	$950	$0.93	17d	1	0.56mi
2846 Baughman Ave Columbus, OH	2.0	1.0	765	$950	$1.24	45d	1	0.56mi
1555 Myrtle Ave Columbus, OH	2.0	2.5	1200	$1,500	$1.25	45d	1	0.57mi
1614 Republic Ave Unit B Columbus, OH	1.0	1.0	840	$850	$1.01	45d	1	0.61mi
1870 Dunbar Dr Apt B4 Columbus, OH	1.0	1.0	700	$850	$1.21	25d	1	0.62mi
1514 Republic Ave Unit 1514 Columbus, OH	3.0	1.5	1288	$1,450	$1.13	25d	1	0.67mi
2707 Woodland Ave Columbus, OH	3.0	1.0	957	$1,400	$1.46	19d	1	0.67mi
1527 Republic Ave Columbus, OH	3.0	1.0	1176	$1,299	$1.10	25d	1	0.68mi
1527 Republic Ave Columbus, OH	3.0	1.0	1176	$1,345	$1.14	45d	1	0.68mi
1354 Minnesota Ave Columbus, OH	3.0	2.0	1350	$1,800	$1.33	14d	1	0.68mi
1549-1551 Oakland Park Ave Columbus, OH	2.0	1.0	832	$1,100	$1.32	23d	1	0.69mi
2291 Taylor Ave Columbus, OH	3.0	1.0	979	$1,300	$1.33	45d	1	0.69mi
3257 Cleveland Ave Apt C Columbus, OH	2.0	1.0	975	$1,000	$1.03	45d	1	0.71mi
2228 Minnesota Ave Columbus, OH	2.0	1.0	1025	$1,245	$1.21	17d	1	0.75mi
1435 Republic Ave Columbus, OH	3.0	1.0	908	$1,425	$1.57	21d	1	0.76mi
1435 Republic Ave Columbus, OH	3.0	1.0	908	$1,395	$1.54	9d	1	0.76mi
1624 Kohr Pl Columbus, OH	3.0	1.0	1176	$1,400	$1.19	16d	1	0.78mi
1269 Minnesota Ave Columbus, OH	3.0	1.0	1075	$1,550	$1.44	9d	1	0.80mi
1352 E Hudson St Columbus, OH	2.0	1.0	800	$1,150	$1.44	45d	1	0.89mi
1577 Cordell Ave Columbus, OH	2.0	1.0	882	$1,000	$1.13	4d	1	0.93mi
2919 Bridgewalk St Unit 2919 Columbus, OH	2.0	1.0	806	$995	$1.23	9d	1	0.93mi
2901 Bridgewalk St Unit 2901 Columbus, OH	3.0	1.5	950	$1,295	$1.36	25d	1	0.96mi
3054 McGuffey Rd Columbus, OH	3.0	1.0	1106	$1,450	$1.31	45d	1	0.98mi

Listing history 4 events

1. 2026-05-19
   status Pending
2. 2026-05-11
   listed $1 Active
3. 2026-05-11
   historical
4. 1980-11-01
   soldstatus $27,500

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

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 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,335
• − Mortgage interest: −$11,457
• − Property taxes: −$3,068
• − Insurance: −$1,023
• − Repairs & maintenance: −$1,147
• − Management: −$1,147
• − Depreciation: −$5,950
• Taxable loss: −$9,456
• Est. tax savings @ 24.0%: +$2,269
• After-tax cash flow: $-3,367/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): 44,319
• Household income: $53,321
• Rent vs Own: 47.8% rent · 52.2% own
• Severe rent burden: 1730.0

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 43% White 39% Hispanic / Latino 10% Two or more races 9% Asian 2%
• Hispanic origin (detail): Mexican 6% Dominican 1%
• Common ancestry: Romanian 1% Hispanic 1% Italian 1%
• Foreign-born: 22% · Canada, Vietnam
• Languages at home: 71% English-only · Spanish 8% French/Haitian/Cajun 4% Arabic 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: ▼ -226.58%
• Current HPI: 274.6336
• Rent YoY: ▲ 4.16%
• 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

4 events — show timeline

• 2026-05-19 Pending — CBRMLS
• 2026-05-11 Listing Removed — CBRMLS
• 2026-05-11 Listed $1 CBRMLS
• 1980-11-01 Sold (Public Records) $27,500 Public Records

Property tax history

+6.5%/yr

Latest (2024): $2,149 · +1.3% YoY. Source: county tax records.