3041 Bluefield Dr · Columbus, OH 43207

$134,900

3 bd · 1.0 ba · 1,188 sqft · SingleFamily public records · 58 Days on market

Built 1960 9,147 sqft lot $114/sqft · 19% below area Est $166k · 19% under

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Why this score? — see what drove the B- 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 +26.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +6.8/10.0
• 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

Seller requests curb offers only at this time. Rented single family home with tenant. No sign, do not disturb tenant! 3 BR, 1 Ba (per auditor but actually a 5 BR home), tenant for 1+ yr; New roof, windows in 2012, laminate wood floors in front room & hall in 2014, new carpet, appliances & screen doors in 2015, Currently rented @ $675/month. Can be packaged with 4 other rental properties. See Agt 2 Agt Remarks.

Key facts

• Deep level backyard
• Spacious lot
• 9,147 sq ft lot

Tags

• SPACIOUS LOT
• DEEP LEVEL BACKYARD
• EASY STEP FREE ACCESS

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-family home; One story; Built in 1960
• Construction: Built in 1960; Slab foundation
• Exterior features: Slab foundation; Approximately 0.21-acre lot

Interior

• Bedrooms: Three main-level bedrooms
• Flooring: Wood flooring; Carpet; Ceramic/porcelain tile
• Bathrooms: One full bathroom
• Heating & cooling: Central air conditioning; Forced-air heating
• Interior features: Insulated windows throughout

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $352 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $131k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.4% 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); 197 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 30% of the median local income ($63k/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 $933 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

• It's been on market 58 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 18y ago; this cycle's ask has dropped $25k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $47k; list at $135k implies a 187% gain — meaningful room to come down on a strong offer.

Recommended offer $130,853 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 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 1960 — 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: 1.18% ✓
• Cap rate: 9.43%
• Cash-on-cash: 11.19%
• DSCR: 1.50
• GRM: 7.1

CMA / ARV

• ARV (median comp): $165,687
• List price: $134,900
• Delta: -18.58%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1584 Watkins Rd	0.19mi	3/1.0	1,200 (+1%)	3mo	$150,000	$125	87
3046 Weirton Dr	0.16mi	3/1.0	1,168 (-2%)	9mo	$129,000	$110	82
3172 Weirton Dr	0.25mi	3/2.0	1,240 (+4%)	3mo	$209,900	$169	74
3390 Norwalk Rd	0.50mi	3/1.0	1,202 (+1%)	3mo	$219,500	$183	73
2901 Nuway Rd	0.27mi	4/1.0 (+1)	1,200 (+1%)	11mo	$199,000	$166	72
2895 Bulen Ave	0.21mi	2/1.0 (-1)	1,080 (-9%)	10mo	$165,000	$153	62
1271 Moundview Ave	0.40mi	3/2.0	1,268 (+7%)	11mo	$252,000	$199	57
1249 Evergreen Rd	0.43mi	3/1.0	1,012 (-15%)	1mo	$120,000	$119	55
2766 Fairwood Ave	0.42mi	3/1.0	1,352 (+14%)	7mo	$136,000	$101	52
1292 Moundview Ave	0.35mi	3/2.0	1,352 (+14%)	7mo	$310,500	$230	50
2797 Key Pl	0.42mi	3/2.0	1,349 (+14%)	6mo	$182,000	$135	49
1473 Venice Dr	0.33mi	3/1.5	1,362 (+15%)	12mo	$189,500	$139	48

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: -0.4%
• Equity multiple: 0.99×
• Total profit: $-505
• Equity at exit: $20,114

10-year hold

• IRR: 8.6%
• Equity multiple: 1.64×
• Total profit: $24,093
• Equity at exit: $11,664

Cash invested: $37,772 (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: 197
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,590 high
• Mortgage (P&I): −$707
• Tax from tax record: −$140 /mo · $1,684/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$334
• Net cashflow: $352

Break-even live

Break-even rent $1,144

Max offer price $134,900

Occupancy floor 73%

Sensitivity live

Price	-10% $429	-5% $390	+0% $352	+5% $314	+10% $276
Rent	-10% $227	-5% $289	+0% $352	+5% $415	+10% $478
Rate	-1.0pp $420	-0.5pp $386	base $352	+0.5pp $317	+1.0pp $282

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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1503 Southfield Dr S Columbus, OH	3.0	1.0	900	$1,395	$1.55	9d	1	0.14mi
1584 Southfield Dr S Columbus, OH	3.0	1.0	934	$1,495	$1.60	4d	1	0.25mi
1559 Orson Dr Columbus, OH	4.0	2.0	1374	$2,000	$1.46	3d	1	0.33mi
1285 Evergreen Rd Columbus, OH	3.0	2.0	888	$1,750	$1.97	21d	1	0.42mi
1386 Faber Ave Columbus, OH	3.0	1.0	1250	$1,649	$1.32	9d	1	0.45mi
3047 Baker Hill Rd Columbus, OH	3.0	1.0	896	$1,300	$1.45	45d	1	0.48mi
820 Hilock Rd Columbus, OH	3.0	1.0	1200	$1,640	$1.37	45d	1	1.06mi
2491 Wilson Ave Columbus, OH	3.0	1.0	1200	$1,649	$1.37	45d	1	1.08mi
3204 T Ave Columbus, OH	2.0	1.0	1168	$1,325	$1.13	25d	1	1.21mi
838 Lock Ave Columbus, OH	3.0	1.0	988	$1,578	$1.60	3d	1	1.26mi
1074 Tobi Dr Columbus, OH	3.0	1.0	1066	$1,495	$1.40	45d	1	1.35mi

Listing history 29 events

1. 2026-06-21
   days on market $134,900 Active 58 DOM
2. 2026-06-18
   price $134,900 Active 55 DOM
3. 2026-06-18
   days on market $144,900 Active 55 DOM
4. 2026-06-17
   days on market $144,900 Active 54 DOM
5. 2026-06-16
   days on market $144,900 Active 53 DOM
6. 2026-06-15
   days on market $144,900 Active 52 DOM
7. 2026-06-13
   days on market $144,900 Active 50 DOM
8. 2026-06-13
   days on market $144,900 Active 49 DOM
9. 2026-06-09
   days on market $144,900 Active 46 DOM
10. 2026-06-08
    days on market $144,900 Active 45 DOM
11. 2026-06-07
    pricedays on market $144,900 Active 44 DOM
12. 2026-06-05
    days on market $159,900 Active 41 DOM
13. 2026-06-03
    days on market $159,900 Active 40 DOM
14. 2026-06-02
    days on market $159,900 Active 39 DOM
15. 2026-06-01
    days on market $159,900 Active 38 DOM
16. 2026-05-31
    days on market $159,900 Active 37 DOM
17. 2026-04-24
    listed $159,900 Active 729-char remark
18. 2017-04-18
    soldstatus $47,000
19. 2017-03-29
    soldstatus $47,000 Closed 425-char remark

    Show marketing remark (425 chars)

    Seller requests curb offers only at this time. Rented single family home with tenant. No sign, do not disturb tenant! 3 BR, 1 Ba (per auditor but actually a 5 BR home), tenant for 1+ yr; New roof, windows in 2012, laminate wood floors in front room & hall in 2014, new carpet, appliances & screen doors in 2015, Currently rented @ $675/month. Can be packaged with 4 other rental properties. See Agt 2 Agt Remarks.

20. 2017-03-21
    historical Contingent Finance and Inspection 425-char remark

    Show marketing remark (425 chars)

    Seller requests curb offers only at this time. Rented single family home with tenant. No sign, do not disturb tenant! 3 BR, 1 Ba (per auditor but actually a 5 BR home), tenant for 1+ yr; New roof, windows in 2012, laminate wood floors in front room & hall in 2014, new carpet, appliances & screen doors in 2015, Currently rented @ $675/month. Can be packaged with 4 other rental properties. See Agt 2 Agt Remarks.

21. 2017-02-15
    status Active 425-char remark

    Show marketing remark (425 chars)

    Seller requests curb offers only at this time. Rented single family home with tenant. No sign, do not disturb tenant! 3 BR, 1 Ba (per auditor but actually a 5 BR home), tenant for 1+ yr; New roof, windows in 2012, laminate wood floors in front room & hall in 2014, new carpet, appliances & screen doors in 2015, Currently rented @ $675/month. Can be packaged with 4 other rental properties. See Agt 2 Agt Remarks.

22. 2016-12-06
    historical Contingent Finance and Inspection 425-char remark

    Show marketing remark (425 chars)

    Seller requests curb offers only at this time. Rented single family home with tenant. No sign, do not disturb tenant! 3 BR, 1 Ba (per auditor but actually a 5 BR home), tenant for 1+ yr; New roof, windows in 2012, laminate wood floors in front room & hall in 2014, new carpet, appliances & screen doors in 2015, Currently rented @ $675/month. Can be packaged with 4 other rental properties. See Agt 2 Agt Remarks.

23. 2016-11-19
    listed $54,900 Active 425-char remark

    Show marketing remark (425 chars)

    Seller requests curb offers only at this time. Rented single family home with tenant. No sign, do not disturb tenant! 3 BR, 1 Ba (per auditor but actually a 5 BR home), tenant for 1+ yr; New roof, windows in 2012, laminate wood floors in front room & hall in 2014, new carpet, appliances & screen doors in 2015, Currently rented @ $675/month. Can be packaged with 4 other rental properties. See Agt 2 Agt Remarks.

24. 2011-10-17
    soldstatus $23,000

    Show marketing remark (136 chars)

    YES! This home has 5 bedrooms, freshly painted, new carpet, updated and remodeled thruout, huge yard!! So much for so little. SEE TODAY!

25. 2011-10-11
    historical

    Show marketing remark (136 chars)

    YES! This home has 5 bedrooms, freshly painted, new carpet, updated and remodeled thruout, huge yard!! So much for so little. SEE TODAY!

26. 2011-10-05
    listed $19,900

    Show marketing remark (136 chars)

    YES! This home has 5 bedrooms, freshly painted, new carpet, updated and remodeled thruout, huge yard!! So much for so little. SEE TODAY!

27. 2008-12-30
    soldstatus $27,000
28. 2008-11-24
    historical
29. 2008-10-02
    listed $27,900

ⓘ 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: $1,684 · $140/mo
• Projected year-2 tax: $1,894 · $158/mo
• Expected delta: +$210/yr (+$18/mo · 12.5%)

ⓘ 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 · 17 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: $19,080
• − Mortgage interest: −$7,556
• − Property taxes: −$1,684
• − Insurance: −$674
• − Repairs & maintenance: −$1,526
• − Management: −$1,526
• − Depreciation: −$3,924
• Taxable income: $2,188
• Est. tax owed @ 24.0%: −$525
• After-tax cash flow: $3,701/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

+383.5% since first listed

15 events — show timeline

• 2026-06-18 Price Changed $134,900 CBRMLS
• 2026-06-05 Price Changed $144,900 CBRMLS
• 2026-04-24 Listed $159,900 CBRMLS
• 2017-04-18 Sold (Public Records) $47,000 Public Records
• 2017-03-29 Sold (MLS) $47,000 CBRMLS
• 2017-03-21 Contingent — CBRMLS
• 2017-02-15 Relisted — CBRMLS
• 2016-12-06 Contingent — CBRMLS
• 2016-11-19 Listed $54,900 CBRMLS
• 2011-10-17 Sold (MLS) $23,000 CBRMLS
• 2011-10-11 Listing Removed — CBRMLS
• 2011-10-05 Listed $19,900 CBRMLS
• 2008-12-30 Sold (MLS) $27,000 CBRMLS
• 2008-11-24 Listing Removed — CBRMLS
• 2008-10-02 Listed $27,900 CBRMLS

Property tax history

+12.9%/yr

Latest (2024): $1,684 · +1.3% YoY. Source: county tax records.