1725 Convair Dr · Columbus, OH 43119

$304,900

4 bd · 1.5 ba · 1,634 sqft · SingleFamily public records · 52 Days on market

Built 1999 6,534 sqft lot $187/sqft · 10% below area Est $340k · 10% under

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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).

• ARV discount +12.2/15.0
• Cash flow +10.3/30.0
• Livability +4.0/5.0
• Schools +3.8/10.0
• Rent growth +3.6/5.0
• DSCR +3.0/10.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 1725 Convair Drive in Galloway, Ohio, located in the desirable Kings Lake subdivision offering over 1,600 square feet of comfortable living space. This inviting four bedroom residence provides a functional layout with spacious living areas designed for both everyday living and entertaining. The layout features lower-level laundry, a dining room, eat-in kitchen, living room, family room, and a finished lower level with a rec room, along with a storage shed for added convenience. The home features generously sized bedrooms, ample natural light, and a layout that flows seamlessly from room to room. Situated in an established community, the property offers a balance of convenience and neighborhood charm while still being just a short drive from shopping, dining, and major commuter routes. Whether you are looking for a place to settle in or an opportunity to make it your own, this home presents a great combination of space, location, and value.

Key facts

• Natural light
• Storage shed
• Finished lower level

Tags

• KINGS LAKE SUBDIVISION
• FINISHED LOWER LEVEL
• STORAGE SHED
• NATURAL LIGHT
• ESTABLISHED COMMUNITY

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $305k.

Deal economics

• At list price, monthly cash flow is $-167 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $275k (9.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $231k (24.3% below list).
• Recommended offer: $231k (24.3% below list) — sets the bar for 1% rule.
• Cap rate 5.6% 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.
• South-Western City (suburban): math 40% / reading 48% proficiency, ranked #500 of 656 in OH (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Alton Hall Elementary School (math 37% / reading 27%, grade F, #1,135 of 1,584 statewide, top 73%, 512 students, 54% FRL); Pleasant View Middle School (math 43% / reading 43%, grade D-, #489 of 654 statewide, top 75%, 761 students, 71% FRL); Central Crossing High School (math 23% / reading 57%, grade F, #522 of 781 statewide, top 67%, 1,638 students, 48% FRL).
• Market conditions: Rents rising fast (+4.3%/yr); 111 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 8,139 units permitted in Franklin County in 2024 (5,940 in 5+ unit buildings).
• This rent runs 30% of the median local income ($91k/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 $2k of loan paydown is wiped out by about $9k 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 52 days — a 3% lower offer ($296k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y 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.
• Current owner paid $142k; list at $305k implies a 115% gain — meaningful room to come down on a strong offer.

Recommended offer $230,721 (24.3% 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 52 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
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. 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?
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: 0.76% ✗
• Cap rate: 5.64%
• Cash-on-cash: -2.34%
• DSCR: 0.90
• GRM: 11.0

CMA / ARV

• ARV (median comp): $340,348
• List price: $304,900
• Delta: -10.42%
• 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
1703 Ringfield Dr	0.20mi	4/1.5	1,461 (-11%)	11mo	$259,900	$178	64
1432 Chenille Way	0.47mi	3/2.0 (-1)	1,750 (+7%)	8mo	$324,900	$186	53
5763 Gloxinia Ct	0.59mi	4/2.5	1,869 (+14%)	8mo	$294,000	$157	38
1418 Tilia Ct	0.66mi	3/2.5 (-1)	1,470 (-10%)	7mo	$315,000	$214	38
6431 Bellmouth Rd	0.75mi	3/1.5 (-1)	1,418 (-13%)	3mo	$295,862	$209	36
6383 Bellmouth Rd	0.70mi	3/2.5 (-1)	1,418 (-13%)	2mo	$296,901	$209	35
6387 Bellmouth Rd	0.71mi	3/2.5 (-1)	1,418 (-13%)	2mo	$290,962	$205	34
6413 Bellmouth Rd	0.75mi	3/2.5 (-1)	1,418 (-13%)	1mo	$293,931	$207	33
6421 Bellmouth Rd	0.75mi	3/2.5 (-1)	1,418 (-13%)	2mo	$296,901	$209	33
6411 Bellmouth Rd	0.75mi	3/2.5 (-1)	1,418 (-13%)	2mo	$296,900	$209	33
6379 Bellmouth Rd	0.70mi	3/2.5 (-1)	1,418 (-13%)	5mo	$304,821	$215	33
6407 Bellmouth Rd	0.75mi	3/2.5 (-1)	1,418 (-13%)	4mo	$312,900	$221	31

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 · 4.33% rent growth · sell at horizon

5-year hold

• IRR: -18.8%
• Equity multiple: 0.33×
• Total profit: $-56,934
• Equity at exit: $45,462

10-year hold

• IRR: -9.0%
• Equity multiple: 0.41×
• Total profit: $-50,212
• Equity at exit: $26,362

Cash invested: $85,372 (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 43119

• Rents YoY: 4.3%
• Active inventory: 111
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,307 high
• Mortgage (P&I): −$1,599
• Tax from tax record: −$263 /mo · $3,161/yr
• Insurance: −$127
• HOA: −$0
• Vacancy / Maint / Mgmt: −$485
• Net cashflow: $-167

Break-even live

Break-even rent $2,518

Max offer price $275,450

Occupancy floor —

Sensitivity live

Price	-10% $6	-5% $-80	+0% $-167	+5% $-253	+10% $-339
Rent	-10% $-349	-5% $-258	+0% $-167	+5% $-76	+10% $16
Rate	-1.0pp $-13	-0.5pp $-89	base $-167	+0.5pp $-246	+1.0pp $-326

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: $76,225
• Closing costs: $9,147
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5761 Ricardo Dr Galloway, OH	3.0	2.0	1102	$2,010	$1.82	45d	1	0.41mi
6425 Bellmouth Rd Galloway, OH	3.0	2.5	1418	$2,130	$1.50	45d	1	0.73mi
6421 Bellmouth Rd Prairie Township, OH	3.0	2.5	1418	$2,150	$1.52	45d	1	0.73mi
6411 Bellmouth Rd Prairie Township, OH	3.0	2.5	1418	$2,100	$1.48	25d	1	0.73mi
1284 Falene Pl Galloway, OH	3.0	2.0	1510	$2,355	$1.56	3d	1	0.83mi
1595 Georgesville Rd Columbus, OH	1.0–3.0	1.0–2.0	953	$1,900	$1.99	3d	1	0.94mi
1097 Leclerc Pl Galloway, OH	3.0	2.0	1850	$2,520	$1.36	6d	1	0.97mi
6245 Jolliff St Galloway, OH	3.0	2.5	1806	$2,455	$1.36	17d	1	1.06mi
6370 Bellinger Dr Galloway, OH	3.0	2.5	1676	$2,400	$1.43	45d	1	1.27mi
6160 Hall Rd Galloway, OH	1.0–3.0	1.0–2.0	953	$1,950	$2.05	3d	1	1.29mi
794 Wallinger Dr Galloway, OH	3.0	2.5	1428	$2,125	$1.49	25d	1	1.32mi
815 Galloway Rd Galloway, OH	1.0–3.0	1.0–2.0	953	$1,950	$2.05	3d	1	1.36mi
5335 Cherry Bud Ct Columbus, OH	3.0	2.0	1456	$2,298	$1.58	45d	1	1.47mi
5816 Oreily Dr Galloway, OH	3.0	2.5	1248	$2,300	$1.84	14d	1	1.48mi

Listing history 16 events

1. 2026-06-07
   statusdays on market $304,900 Pending 52 DOM
2. 2026-06-03
   days on market $304,900 Active 51 DOM
3. 2026-06-02
   days on market $304,900 Active 50 DOM
4. 2026-06-01
   days on market $304,900 Active 49 DOM
5. 2026-05-31
   days on market $304,900 Active 48 DOM
6. 2026-05-15
   price $304,900 964-char remark

   Show marketing remark (964 chars)

   Welcome to 1725 Convair Drive in Galloway, Ohio, located in the desirable Kings Lake subdivision offering over 1,600 square feet of comfortable living space. This inviting four bedroom residence provides a functional layout with spacious living areas designed for both everyday living and entertaining. The layout features lower-level laundry, a dining room, eat-in kitchen, living room, family room, and a finished lower level with a rec room, along with a storage shed for added convenience. The home features generously sized bedrooms, ample natural light, and a layout that flows seamlessly from room to room. Situated in an established community, the property offers a balance of convenience and neighborhood charm while still being just a short drive from shopping, dining, and major commuter routes. Whether you are looking for a place to settle in or an opportunity to make it your own, this home presents a great combination of space, location, and value.

7. 2026-04-13
   listed $314,900 Active 964-char remark

   Show marketing remark (964 chars)

   Welcome to 1725 Convair Drive in Galloway, Ohio, located in the desirable Kings Lake subdivision offering over 1,600 square feet of comfortable living space. This inviting four bedroom residence provides a functional layout with spacious living areas designed for both everyday living and entertaining. The layout features lower-level laundry, a dining room, eat-in kitchen, living room, family room, and a finished lower level with a rec room, along with a storage shed for added convenience. The home features generously sized bedrooms, ample natural light, and a layout that flows seamlessly from room to room. Situated in an established community, the property offers a balance of convenience and neighborhood charm while still being just a short drive from shopping, dining, and major commuter routes. Whether you are looking for a place to settle in or an opportunity to make it your own, this home presents a great combination of space, location, and value.

8. 2023-12-06
   historical $2,045
9. 2023-11-30
   price $2,045
10. 2023-11-22
    listed $2,065
11. 2016-12-07
    soldstatus $142,000
12. 2016-11-30
    soldstatus $142,000 Closed 349-char remark

    Show marketing remark (349 chars)

    Great home in the very popular Kings Lake Subdivision featuring 4 bedrooms and 2 full bathrooms. Great space for entertaining. Deck right outside the family room opens up to a spacious backyard with a storage shed. 2 car garage is HEATED !! New roof and new windows in 2014 !! Seller will assist with explanation of audio/visual routing in the home.

13. 2016-11-10
    historical Contingent Finance and Inspection 349-char remark

    Show marketing remark (349 chars)

    Great home in the very popular Kings Lake Subdivision featuring 4 bedrooms and 2 full bathrooms. Great space for entertaining. Deck right outside the family room opens up to a spacious backyard with a storage shed. 2 car garage is HEATED !! New roof and new windows in 2014 !! Seller will assist with explanation of audio/visual routing in the home.

14. 2016-11-08
    status Active 349-char remark

    Show marketing remark (349 chars)

    Great home in the very popular Kings Lake Subdivision featuring 4 bedrooms and 2 full bathrooms. Great space for entertaining. Deck right outside the family room opens up to a spacious backyard with a storage shed. 2 car garage is HEATED !! New roof and new windows in 2014 !! Seller will assist with explanation of audio/visual routing in the home.

15. 2016-10-26
    historical Contingent Finance and Inspection 349-char remark

    Show marketing remark (349 chars)

    Great home in the very popular Kings Lake Subdivision featuring 4 bedrooms and 2 full bathrooms. Great space for entertaining. Deck right outside the family room opens up to a spacious backyard with a storage shed. 2 car garage is HEATED !! New roof and new windows in 2014 !! Seller will assist with explanation of audio/visual routing in the home.

16. 2016-10-13
    listed $149,900 Active 349-char remark

    Show marketing remark (349 chars)

    Great home in the very popular Kings Lake Subdivision featuring 4 bedrooms and 2 full bathrooms. Great space for entertaining. Deck right outside the family room opens up to a spacious backyard with a storage shed. 2 car garage is HEATED !! New roof and new windows in 2014 !! Seller will assist with explanation of audio/visual routing in the home.

ⓘ 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: $3,161 · $263/mo
• Projected year-2 tax: $3,959 · $330/mo
• Expected delta: +$798/yr (+$66/mo · 25.2%)

ⓘ 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 ≥100°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: $27,687
• − Mortgage interest: −$17,079
• − Property taxes: −$3,161
• − Insurance: −$1,524
• − Repairs & maintenance: −$2,215
• − Management: −$2,215
• − Depreciation: −$8,870
• Taxable loss: −$7,378
• Est. tax savings @ 24.0%: +$1,771
• After-tax cash flow: $-230/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: South-Western City
• NCES district ID: 3904480
• Math proficiency: 40% ▼ -18.00%
• Reading proficiency: 48% ▼ -10.00%
• Median HH income: $51,689
• Composite: 37.95/100
• National rank: #4305
• State rank: #500 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): 29,660
• Household income: $91,224
• Rent vs Own: 25.9% rent · 74.1% own
• Severe rent burden: 583.0

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: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 11% Black 9% Two or more races 8% Asian 5%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Romanian 4% Subsaharan African 2% Slovak 2%
• Foreign-born: 12% · Canada, Vietnam, China
• Languages at home: 85% English-only · Spanish 7% Russian/Polish/Slavic 2% Other Asian/Pacific 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: ▼ -171.31%
• Current HPI: 256.3516
• Rent YoY: ▲ 4.33%
• 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

+103.4% since first listed

11 events — show timeline

• 2026-05-15 Price Changed $304,900 CBRMLS
• 2026-04-13 Listed $314,900 CBRMLS
• 2023-12-06 Rental Removed $2,045 RENT.
• 2023-11-30 Price Changed $2,045 RENT.
• 2023-11-22 Listed for Rent $2,065 RENT.
• 2016-12-07 Sold (Public Records) $142,000 Public Records
• 2016-11-30 Sold (MLS) $142,000 CBRMLS
• 2016-11-10 Contingent — CBRMLS
• 2016-11-08 Relisted — CBRMLS
• 2016-10-26 Contingent — CBRMLS
• 2016-10-13 Listed $149,900 CBRMLS

Property tax history

+2.4%/yr

Latest (2024): $3,161 · +1.8% YoY. Source: county tax records.