290 S Hampton Rd · Columbus, OH 43213

$139,900

3 bd · 1.0 ba · 1,188 sqft · SingleFamily public records · 185 Days on market

Built 1951 7,840 sqft lot $118/sqft · 18% below area Est $171k · 18% 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 +15.0/30.0
• ARV discount +15.0/15.0
• DSCR +4.6/10.0
• 1% rule +4.1/10.0
• 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

This lovely 3-bedroom, 1-bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find an updated kitchen, stylish new flooring, and a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

Key facts

• Large front yard
• New flooring
• Comfortable layout

Tags

• LARGE FRONT YARD
• UPDATED KITCHEN
• NEW FLOORING
• COMFORTABLE LAYOUT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $45 ($535/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 $128k (8.7% below list).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.7% 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); 67 active listings in the ZIP; 40 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $967 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 185 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $35k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $60k; list at $140k implies a 133% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $123,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 185 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
7. 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.
8. 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: 0.91% ✗
• Cap rate: 6.68%
• Cash-on-cash: 1.37%
• DSCR: 1.06
• GRM: 9.1

CMA / ARV

• ARV (median comp): $171,312
• List price: $139,900
• Delta: -18.34%
• 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
350 S Hampton Rd	0.09mi	3/1.0	1,256 (+6%)	3mo	$110,000	$88	84
269 S Weyant Ave	0.12mi	3/1.5	1,246 (+5%)	2mo	$142,000	$114	82
430 S James Rd	0.33mi	3/1.0	1,303 (+10%)	2mo	$213,000	$163	66
107 N Ashburton Rd	0.60mi	3/1.0	1,236 (+4%)	1mo	$100,000	$81	65
691 S Hampton Rd	0.59mi	2/1.0 (-1)	1,227 (+3%)	0mo	$155,000	$126	62
720 S Hampton Rd	0.62mi	3/2.0	1,233 (+4%)	1mo	$202,000	$164	60
514 S Napoleon Ave	0.35mi	2/2.0 (-1)	1,096 (-8%)	3mo	$185,000	$169	60
624 Elizabeth Ave	0.50mi	2/1.0 (-1)	1,104 (-7%)	2mo	$83,210	$75	58
733 S Napoleon Ave	0.63mi	3/2.0	1,110 (-7%)	3mo	$210,000	$189	53
669 Brookside Dr	0.74mi	3/1.0	1,277 (+8%)	3mo	$297,500	$233	51
194 N Kellner Rd	0.73mi	3/1.0	1,092 (-8%)	2mo	$230,000	$211	51
580 Enfield Rd	0.72mi	3/2.0	1,282 (+8%)	1mo	$295,000	$230	49

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 · 2.29% rent growth · sell at horizon

5-year hold

• IRR: -14.9%
• Equity multiple: 0.47×
• Total profit: $-20,719
• Equity at exit: $20,860

10-year hold

• IRR: -7.5%
• Equity multiple: 0.54×
• Total profit: $-17,980
• Equity at exit: $12,096

Cash invested: $39,172 (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 43213

• Rents YoY: 2.3%
• Active inventory: 67
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,277 high
• Mortgage (P&I): −$734
• Tax from tax record: −$173 /mo · $2,072/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$268
• Net cashflow: $45

Break-even live

Break-even rent $1,221

Max offer price $139,900

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
301 S Napoleon Ave Unit D Columbus, OH	2.0	1.0	860	$1,000	$1.16	24d	1	0.18mi
301 S Napoleon Ave Unit D Columbus, OH	2.0	1.0	860	$1,000	$1.16	44d	1	0.18mi
281 S Napoleon Ave Columbus, OH	2.0	1.0	850	$900	$1.06	8d	1	0.19mi
416 S Weyant Ave Columbus, OH	2.0	1.0	720	$1,149	$1.60	24d	1	0.21mi
384-386 S Napoleon Ave Columbus, OH	3.0	1.5	1140	$1,350	$1.18	44d	1	0.24mi
393 Barnett Rd Columbus, OH	2.0	1.5	840	$975	$1.16	24d	1	0.27mi
429 Barnett Rd Unit A Columbus, OH	2.0	1.5	1312	$1,000	$0.76	44d	1	0.28mi
51 Mayfair Blvd Columbus, OH	2.0	1.0	869	$1,232	$1.42	3d	6	0.36mi
525 S Everett Ave Columbus, OH	3.0	1.0	1137	$1,500	$1.32	15d	1	0.38mi
26 S Hampton Rd Unit C Columbus, OH	3.0	2.0	1500	$1,600	$1.07	44d	1	0.40mi
26 S Hampton Rd Unit D Columbus, OH	2.0	2.0	1200	$1,200	$1.00	24d	1	0.40mi
3438-3448 E Broad St Columbus, OH	2.0	1.0	975	$800	$0.82	44d	1	0.47mi
461 Eastmoor Blvd Columbus, OH	2.0	1.0	1100	$1,295	$1.18	17d	1	0.54mi
57-59 N Waverly St Columbus, OH	2.0	1.0	1000	$1,000	$1.00	21d	1	0.55mi
59 N Waverly St Columbus, OH	2.0	1.0	1000	$1,000	$1.00	21d	1	0.55mi
59 N Waverly St Columbus, OH	2.0	1.0	1000	$1,000	$1.00	8d	1	0.55mi
59 N Waverly St Columbus, OH	2.0	1.0	1000	$1,000	$1.00	20d	1	0.55mi
68 N Waverly St Columbus, OH	3.0	1.0	968	$1,350	$1.39	44d	1	0.57mi
694-696 S Everett Ave Columbus, OH	2.0	1.0	896	$1,195	$1.33	44d	1	0.61mi
3540 E Main St Columbus, OH	2.0	1.0	914	$1,074	$1.18	3d	5	0.73mi
802 Ruby Ave Columbus, OH	3.0	2.0	1004	$1,875	$1.87	44d	1	0.73mi
662-664 Eastmoor Blvd Columbus, OH	2.0	1.0	1200	$1,100	$0.92	12d	1	0.74mi
662-664 Eastmoor Blvd Columbus, OH	2.0	1.0	1200	$1,100	$0.92	12d	1	0.74mi
849 Byron Ave Columbus, OH	3.0	1.5	936	$1,400	$1.50	8d	1	0.79mi
2900 E Broad St Unit 2 Columbus, OH	2.0	2.0	1200	$1,750	$1.46	12d	1	0.80mi
857 S Waverly St Columbus, OH	3.0	1.0	850	$1,250	$1.47	44d	1	0.81mi
892 Ruby Ave Columbus, OH	2.0	2.0	1100	$1,500	$1.36	44d	1	0.86mi
3287 E Mound St Columbus, OH	2.0	1.5	1100	$1,300	$1.18	21d	1	0.87mi
914 S Weyant Ave Columbus, OH	3.0	1.5	1089	$1,099	$1.01	17d	1	0.88mi
406 Beechtree Rd Whitehall, OH	3.0	1.0	950	$1,300	$1.37	24d	1	0.89mi
2990 Maryland Ave Columbus, OH	1.0–3.0	1.0	714	$1,365	$1.91	2d	29	0.96mi
925 S Ashburton Rd Columbus, OH	3.0	1.0	963	$1,500	$1.56	24d	1	0.97mi
3210 Allegheny Ave Columbus, OH	2.0–3.0	1.0–2.0	1010	$1,498	$1.48	2d	7	1.13mi
378 N Roosevelt Ave Apt 2 Columbus, OH	2.0	1.0	1008	$995	$0.99	44d	1	1.18mi
3058 Allegheny Ave Columbus, OH	1.0–2.0	1.0	781	$1,350	$1.73	3d	7	1.19mi
3855 E Mound St Columbus, OH	3.0	1.0	1476	$1,885	$1.28	44d	1	1.20mi
1079 S James Rd Columbus, OH	2.0	1.0	768	$995	$1.30	44d	1	1.22mi
4163 Wright Park Columbus, OH	2.0	2.0	1008	$1,750	$1.74	44d	1	1.28mi
381 S Yearling Rd Unit 381 Yearling Whitehall, OH	3.0	1.0	850	$1,095	$1.29	24d	1	1.30mi
3974 Andrus Ct E Unit 3996C Columbus, OH	2.0	1.5	950	$1,185	$1.25	24d	1	1.31mi

Listing history 24 events

1. 2026-06-17
   status $139,900 Pending 185 DOM
2. 2026-06-17
   days on market $139,900 Active 185 DOM
3. 2026-06-16
   days on market $139,900 Active 184 DOM
4. 2026-06-15
   days on market $139,900 Active 183 DOM
5. 2026-06-13
   days on market $139,900 Active 181 DOM
6. 2026-06-13
   pricedays on market $139,900 Active 180 DOM
7. 2026-06-09
   days on market $149,900 Active 177 DOM
8. 2026-06-08
   days on market $149,900 Active 176 DOM
9. 2026-06-07
   days on market $149,900 Active 175 DOM
10. 2026-06-05
    pricedays on market $149,900 Active 172 DOM
11. 2026-06-03
    days on market $154,900 Active 171 DOM
12. 2026-06-02
    days on market $154,900 Active 170 DOM
13. 2026-06-01
    days on market $154,900 Active 169 DOM
14. 2026-05-31
    days on market $154,900 Active 168 DOM
15. 2026-05-09
    status Active 348-char remark

    Show marketing remark (348 chars)

    This lovely 3-bedroom, 1-bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find an updated kitchen, stylish new flooring, and a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

16. 2026-04-30
    status Pending 348-char remark

    Show marketing remark (348 chars)

    This lovely 3-bedroom, 1-bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find an updated kitchen, stylish new flooring, and a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

17. 2026-03-26
    price $154,900 348-char remark

    Show marketing remark (348 chars)

    This lovely 3-bedroom, 1-bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find an updated kitchen, stylish new flooring, and a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

18. 2026-03-04
    price $164,900 348-char remark

    Show marketing remark (348 chars)

    This lovely 3-bedroom, 1-bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find an updated kitchen, stylish new flooring, and a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

19. 2026-01-30
    status Active 348-char remark

    Show marketing remark (348 chars)

    This lovely 3-bedroom, 1-bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find an updated kitchen, stylish new flooring, and a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

20. 2026-01-30
    price $169,900 348-char remark

    Show marketing remark (348 chars)

    This lovely 3-bedroom, 1-bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find an updated kitchen, stylish new flooring, and a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

21. 2025-12-26
    historical Contingent 348-char remark

    Show marketing remark (348 chars)

    This lovely 3-bedroom, 1-bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find an updated kitchen, stylish new flooring, and a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

22. 2025-12-05
    listed $174,900 Active 348-char remark

    Show marketing remark (348 chars)

    This lovely 3-bedroom, 1-bath ranch-style home greets you with a large front yard and inviting curb appeal. Inside, you'll find an updated kitchen, stylish new flooring, and a comfortable layout ideal for everyday living. Perfect for first-time buyers or anyone seeking single-story convenience, this home blends comfort, charm, and modern touches.

23. 2020-03-25
    soldstatus $60,000
24. 1988-02-18
    soldstatus $42,900

ⓘ 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: $2,072 · $173/mo
• Projected year-2 tax: $2,127 · $177/mo
• Expected delta: +$55/yr (+$5/mo · 2.7%)

ⓘ 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 · 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,330
• − Mortgage interest: −$7,837
• − Property taxes: −$2,072
• − Insurance: −$700
• − Repairs & maintenance: −$1,226
• − Management: −$1,226
• − Depreciation: −$4,070
• Taxable loss: −$1,801
• Est. tax savings @ 24.0%: +$432
• After-tax cash flow: $967/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): 36,273
• Household income: $54,704
• Rent vs Own: 59.4% rent · 40.6% own
• Severe rent burden: 2583.0

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 45% White 36% Hispanic / Latino 10% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 4% Puerto Rican 2%
• Common ancestry: Romanian 2% Slovak 1% Lithuanian 1%
• Foreign-born: 15% · Canada, China
• Languages at home: 79% English-only · Spanish 8% Other Indo-European 1% 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: ▼ -243.35%
• Current HPI: 198.5072
• Rent YoY: ▲ 2.29%
• 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

+261.1% since first listed

10 events — show timeline

• 2026-05-09 Relisted — CBRMLS
• 2026-04-30 Pending — CBRMLS
• 2026-03-26 Price Changed $154,900 CBRMLS
• 2026-03-04 Price Changed $164,900 CBRMLS
• 2026-01-30 Relisted — CBRMLS
• 2026-01-30 Price Changed $169,900 CBRMLS
• 2025-12-26 Contingent — CBRMLS
• 2025-12-05 Listed $174,900 CBRMLS
• 2020-03-25 Sold (Public Records) $60,000 Public Records
• 1988-02-18 Sold (Public Records) $42,900 Public Records

Property tax history

+4.5%/yr

Latest (2024): $2,072 · +1.3% YoY. Source: county tax records.