994 Sunbury Rd · Columbus, OH 43219

$174,900

3 bd · 1.0 ba · 1,170 sqft · SingleFamily public records · 54 Days on market

Built 1955 0.35 ac lot $149/sqft · at area comps Est $183k · at est.

---

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 +13.0/30.0
• ARV discount +9.5/15.0
• Livability +4.0/5.0
• DSCR +3.9/10.0
• 1% rule +3.6/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

Key facts

• Access to parks
• Nice-sized lot
• Single-level living

Tags

• SINGLE-LEVEL LIVING
• FUNCTIONAL FLOOR PLAN
• NICE-SIZED LOT
• EASY ACCESS TO LOCAL AMENITIES
• ACCESS TO PARKS
• ACCESS TO MAJOR HIGHWAYS

Property features AI

Exterior

• Parking: Carport with one space
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story; Built in 1955; No shared/common walls
• Construction: Built in 1955; Poured foundation
• Exterior features: Poured foundation; Lot about 0.35 acre

Interior

• Bedrooms: Three main-level bedrooms
• Flooring: Wood flooring; Ceramic/porcelain flooring
• Bathrooms: One full bathroom
• Heating & cooling: Central air conditioning; Forced air heating
• Interior features: Fireplace (one); Living area approximately 1,170

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $-11 ($-130/yr) — negative.
• To cash-flow at today's rent, offer at most $173k (1.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $150k (14.5% below list).
• Recommended offer: $150k (14.5% below list) — sets the bar for 1% rule.
• Cap rate 6.2% 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 soft (-0.8%/yr); 103 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 34% of the median local income ($52k/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 54 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 28y 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.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $149,557 (14.5% below list)

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. It's been on market 54 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
3. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 0.86% ✗
• Cap rate: 6.22%
• Cash-on-cash: -0.27%
• DSCR: 0.99
• GRM: 9.7

CMA / ARV

• ARV (median comp): $183,097
• List price: $174,900
• Delta: -4.48%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
984 Sunbury Rd	0.02mi	3/1.0	1,170 (0%)	2mo	$230,000	$197	98
2324 Ridgeway Ave	0.14mi	2/1.0 (-1)	1,092 (-7%)	3mo	$100,000	$92	75
2599 E 5th Ave	0.54mi	3/1.0	1,192 (+2%)	4mo	$85,100	$71	68
545 N Columbia Ave	0.61mi	3/1.0	1,122 (-4%)	1mo	$385,000	$343	64
2122 Margaret Ave	0.32mi	3/1.5	1,006 (-14%)	7mo	$165,000	$164	54
1331 Woodnell Ave	0.61mi	3/1.0	1,293 (+10%)	2mo	$196,000	$152	53
2363 Holt Ave	0.75mi	3/2.0	1,137 (-3%)	6mo	$179,900	$158	52
782 Northview Ave	0.55mi	3/1.0	1,303 (+11%)	5mo	$170,000	$130	51
696 Northview Ave	0.60mi	2/1.0 (-1)	1,076 (-8%)	3mo	$83,000	$77	51
538 Stanbery Ave	0.75mi	3/1.0	1,088 (-7%)	5mo	$287,900	$265	49
1961 Dartmouth Ave	0.55mi	3/1.5	1,312 (+12%)	4mo	$199,000	$152	49
1367 Brookcliff Ave	0.66mi	4/2.0 (+1)	1,275 (+9%)	6mo	$199,000	$156	40

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -20.1%
• Equity multiple: 0.32×
• Total profit: $-33,401
• Equity at exit: $26,078

10-year hold

• IRR: -21.4%
• Equity multiple: 0.04×
• Total profit: $-46,860
• Equity at exit: $15,122

Cash invested: $48,972 (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 43219

• Rents YoY: -0.8%
• Active inventory: 103
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,496 high
• Mortgage (P&I): −$917
• Tax from tax record: −$202 /mo · $2,427/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $-11

Break-even live

Break-even rent $1,509

Max offer price $172,988

Occupancy floor 96%

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: $43,725
• Closing costs: $5,247
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1310 Woodnell Ave Columbus, OH	3.0	1.0	925	$1,300	$1.41	44d	1	0.54mi
693 N Dawson Ave Columbus, OH	3.0	1.0	1233	$1,295	$1.05	23d	1	0.65mi
2841 E 10th Ave Columbus, OH	3.0	3.0	1200	$1,650	$1.38	44d	1	0.81mi
2864 E 10th Ave Columbus, OH	3.0	1.0	1200	$1,649	$1.37	2d	1	0.84mi
509 N Cassady Ave Columbus, OH	2.0	2.0	1000	$1,499	$1.50	44d	1	0.84mi
1590 Vendome Dr S Columbus, OH	3.0	1.5	1303	$1,600	$1.23	21d	1	0.85mi
1590 Vendome Dr S Columbus, OH	3.0	1.5	1303	$1,600	$1.23	23d	1	0.85mi
2688 Bellwood Ave Columbus, OH	3.0	2.5	1495	$2,295	$1.54	23d	1	0.91mi
2504 Vendome Dr Columbus, OH	3.0	1.0	1072	$1,600	$1.49	14d	1	0.96mi
2999 E 11th Ave Columbus, OH	2.0	1.0	980	$945	$0.96	14d	1	1.03mi
2999 E 11th Ave Columbus, OH	2.0	1.0	980	$925	$0.94	7d	1	1.03mi
918 Rarig Ave Unit A Columbus, OH	2.0	1.0	826	$1,000	$1.21	7d	1	1.10mi
3017 E 6th Ave Columbus, OH	2.0	1.0	984	$1,300	$1.32	44d	1	1.13mi
439 Eldridge Ave Unit 439 Columbus, OH	3.0	1.0	946	$1,200	$1.27	23d	1	1.16mi
2845 Austin Manor Blvd Columbus, OH	2.0	1.0–2.0	819	$1,420	$1.73	23d	1	1.17mi
476 Taylor Ave Columbus, OH	1.0–2.0	1.0–2.0	699	$1,695	$2.42	3d	8	1.20mi
378 N Roosevelt Ave Apt 2 Columbus, OH	2.0	1.0	1008	$995	$0.99	44d	1	1.25mi
1867 Alvason Ave Columbus, OH	3.0	1.0	999	$1,400	$1.40	44d	1	1.26mi
1608 Greenway Ave Columbus, OH	2.0	2.0	900	$1,299	$1.44	16d	1	1.31mi
1608 Greenway Ave Columbus, OH	2.0	2.0	900	$1,899	$2.11	17d	1	1.31mi
1879 Jermain Dr Columbus, OH	4.0	1.0	1077	$1,800	$1.67	44d	1	1.31mi
3210 E 12th Ave Columbus, OH	2.0	1.0	900	$1,300	$1.44	44d	1	1.33mi
2623 Bloom Dr Columbus, OH	3.0	2.5	1356	$1,950	$1.44	21d	1	1.34mi
3058 Allegheny Ave Columbus, OH	1.0–2.0	1.0	781	$1,350	$1.73	3d	7	1.34mi
1803 Canopy Ln Columbus, OH	2.0	2.0	980	$1,650	$1.68	21d	1	1.35mi
1614 Clifton Ave Unit 1620 Columbus, OH	2.0	1.0	875	$1,349	$1.54	23d	1	1.44mi
2990 Maryland Ave Columbus, OH	1.0–3.0	1.0	714	$1,365	$1.91	2d	29	1.46mi

Listing history 34 events

1. 2026-06-18
   days on market $174,900 Active 54 DOM
2. 2026-06-17
   days on market $174,900 Active 53 DOM
3. 2026-06-16
   days on market $174,900 Active 52 DOM
4. 2026-06-15
   days on market $174,900 Active 51 DOM
5. 2026-06-13
   days on market $174,900 Active 49 DOM
6. 2026-06-13
   days on market $174,900 Active 48 DOM
7. 2026-06-09
   days on market $174,900 Active 45 DOM
8. 2026-06-08
   days on market $174,900 Active 44 DOM
9. 2026-06-07
   days on market $174,900 Active 43 DOM
10. 2026-06-05
    days on market $174,900 Active 40 DOM
11. 2026-06-03
    days on market $174,900 Active 39 DOM
12. 2026-06-02
    days on market $174,900 Active 38 DOM
13. 2026-06-01
    days on market $174,900 Active 37 DOM
14. 2026-05-31
    days on market $174,900 Active 36 DOM
15. 2026-05-18
    status Active 354-char remark
16. 2026-05-17
    status Pending 354-char remark
17. 2026-04-24
    listed $174,900 Active 354-char remark
18. 2024-09-10
    soldstatus $12,041,000
19. 2021-04-05
    soldstatus $92,100
20. 2021-02-22
    soldstatus $92,050 Closed 140-char remark

    Show marketing remark (140 chars)

    3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

21. 2021-02-11
    status Pending 140-char remark

    Show marketing remark (140 chars)

    3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

22. 2021-02-03
    status Active 140-char remark

    Show marketing remark (140 chars)

    3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

23. 2021-01-08
    historical Contingent Finance and Inspection 140-char remark

    Show marketing remark (140 chars)

    3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

24. 2020-12-30
    price $115,000 140-char remark

    Show marketing remark (140 chars)

    3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

25. 2020-12-30
    status Active 140-char remark

    Show marketing remark (140 chars)

    3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

26. 2020-10-28
    historical Contingent Finance and Inspection 140-char remark

    Show marketing remark (140 chars)

    3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

27. 2020-10-24
    price $125,000 140-char remark

    Show marketing remark (140 chars)

    3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

28. 2020-10-21
    price $135,000 140-char remark

    Show marketing remark (140 chars)

    3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

29. 2020-10-19
    price $139,900 140-char remark

    Show marketing remark (140 chars)

    3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

30. 2020-10-15
    listed $145,000 Active 140-char remark

    Show marketing remark (140 chars)

    3 bd, 1 bath ranch style home off of Sunbury Road in St. Mary's Park. This home offers a spacious backyard, 1 carport and extended driveway.

31. 1998-12-29
    historical
32. 1998-07-03
    listed $111,111
33. 1987-08-05
    soldstatus $47,900
34. 1986-06-27
    soldstatus $25,500

ⓘ 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: $2,427 · $202/mo
• Projected year-2 tax: $2,578 · $215/mo
• Expected delta: +$151/yr (+$13/mo · 6.2%)

ⓘ 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 · 16 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: $17,947
• − Mortgage interest: −$9,797
• − Property taxes: −$2,427
• − Insurance: −$874
• − Repairs & maintenance: −$1,436
• − Management: −$1,436
• − Depreciation: −$5,088
• Taxable loss: −$3,111
• Est. tax savings @ 24.0%: +$747
• After-tax cash flow: $617/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): 32,338
• Household income: $52,094
• Rent vs Own: 61.8% rent · 38.2% own
• Severe rent burden: 2016.0

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: Majority Black (65%)
• Race & ethnicity: Black 65% White 17% Hispanic / Latino 10% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Swedish 1% Lithuanian 1% Swiss 1%
• Foreign-born: 20% · Canada, India, China
• Languages at home: 76% English-only · Spanish 7% Other Indo-European 3% Chinese 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: ▼ -137.02%
• Current HPI: 172.3872
• Rent YoY: ▼ -0.84%
• 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

+585.9% since first listed

20 events — show timeline

• 2026-05-18 Relisted — CBRMLS
• 2026-05-17 Pending — CBRMLS
• 2026-04-24 Listed $174,900 CBRMLS
• 2024-09-10 Sold (Public Records) $12,041,000 Public Records
• 2021-04-05 Sold (Public Records) $92,100 Public Records
• 2021-02-22 Sold (MLS) $92,050 CBRMLS
• 2021-02-11 Pending — CBRMLS
• 2021-02-03 Relisted — CBRMLS
• 2021-01-08 Contingent — CBRMLS
• 2020-12-30 Price Changed $115,000 CBRMLS
• 2020-12-30 Relisted — CBRMLS
• 2020-10-28 Contingent — CBRMLS
• 2020-10-24 Price Changed $125,000 CBRMLS
• 2020-10-21 Price Changed $135,000 CBRMLS
• 2020-10-19 Price Changed $139,900 CBRMLS
• 2020-10-15 Listed $145,000 CBRMLS
• 1998-12-29 Listing Removed — CBRMLS
• 1998-07-03 Listed $111,111 CBRMLS
• 1987-08-05 Sold (Public Records) $47,900 Public Records
• 1986-06-27 Sold (Public Records) $25,500 Public Records

Property tax history

+12.6%/yr

Latest (2024): $2,427 · +1.3% YoY. Source: county tax records.