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2805 Baughman Ave
D Composite 44.37
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 +15.0/15.0
  • Cash flow +11.1/30.0
  • Livability +4.0/5.0
  • 1% rule +3.4/10.0
  • Rent growth +3.4/5.0
  • DSCR +3.2/10.0
  • Condition / age +2.5/5.0
  • Schools +1.7/10.0
  • Appreciation +0.0/10.0

$129,900

2805 Baughman Ave · Columbus, OH 43211
2 bd · 1.0 ba · 956 sqft · SingleFamily public records · 46 Days on market
Built 1914 8,712 sqft lot $136/sqft · 26% below area Est $176k · 26% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Ranch-style home offering 3 bedrooms and 1 full bathroom with a functional layout. The main living area provides a comfortable space for everyday living, while the kitchen offers ample cabinet storage and room for dining. First-floor laundry adds convenience and ease to daily routines. All bedrooms are located on the main level, allowing for simple, one-floor living. Outside, the fully fenced backyard offers a generous amount of space for pets, outdoor activities, or entertaining, with plenty of room to make it your own. Whether you're looking for a primary residence or an investment opportunity, this home offers a practical layout and great potential.

Key facts

  • First-floor laundry
  • 8,712 sq ft lot
  • Built 1914

Tags

AMPLE CABINET STORAGEFIRST-FLOOR LAUNDRYFULLY FENCED BACKYARDGENEROUS AMOUNT OF SPACE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $130k.

Deal economics

  • At list price, monthly cash flow is $-52 ($-628/yr) — negative.
  • To cash-flow at today's rent, offer at most $121k (7.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $109k (15.9% below list).
  • Recommended offer: $109k (15.9% below list) — sets the bar for 1% rule.
  • Cap rate 5.8% 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.
  • 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); Columbus Alternative High School (math 27% / reading 74%, grade D+, #380 of 781 statewide, top 49%, 758 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.
  • Zoned-school proficiency averages 41% at this address vs 20% district-wide (+20 pts) — the actual schools serving this property are materially stronger than the Columbus City School District average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising (+3.4%/yr); 166 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 8,139 units permitted in Franklin County in 2024 (5,940 in 5+ unit buildings).
  • This rent runs 31% of the median local income ($43k/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 $898 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 46 days — a 3% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 20y 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 $30k; list at $130k implies a 333% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1914 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $109,310 (15.9% 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 46 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
  3. Built in 1914 — 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
0.84%
Cap rate
5.81%
Cash-on-cash
-1.73%
DSCR
0.92
GRM
9.9

CMA / ARV

ARV (median comp)
$175,520
List price
$129,900
Delta
-25.99%
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
2805 Baughman Ave 0.00mi 3/1.0 (+1) 956 (0%) 1mo $125,000 $131 94
2068 Agler Rd 0.21mi 2/1.0 960 (+0%) 2mo $138,500 $144 88
2585 Perdue Ave 0.31mi 2/1.0 918 (-4%) 4mo $141,850 $155 75
2967 Woodland Ave 0.29mi 3/1.0 (+1) 912 (-5%) 0mo $68,000 $75 73
2902 Northglen Dr 0.43mi 3/1.0 (+1) 979 (+2%) 0mo $150,000 $153 71
2861 Woodland Ave 0.17mi 3/2.0 (+1) 1,011 (+6%) 4mo $185,000 $183 70
1888 Aberdeen Ave 0.50mi 3/1.0 (+1) 948 (-1%) 3mo $125,000 $132 68
2310 Brentnell Ave 0.74mi 2/1.0 984 (+3%) 3mo $183,000 $186 58
3001 Woodland Ave 0.33mi 3/1.5 (+1) 1,075 (+12%) 3mo $195,000 $181 54
1660 E Weber Rd 0.74mi 2/1.0 1,030 (+8%) 0mo $190,750 $185 52
1673 Manchester Ave 0.75mi 2/1.0 1,064 (+11%) 3mo $140,000 $132 44
1849 Aberdeen Ave 0.55mi 3/1.5 (+1) 1,080 (+13%) 5mo $112,500 $104 42

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 · 3.41% rent growth · sell at horizon

5-year hold
IRR
-18.7%
Equity multiple
0.34×
Total profit
$-23,900
Equity at exit
$19,369
10-year hold
IRR
-10.2%
Equity multiple
0.36×
Total profit
$-23,115
Equity at exit
$11,231

Cash invested: $36,372 (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.

ZIP-level market 43211

Home prices YoY
-27.3%
Rents YoY
3.4%
Active inventory
166
Price-to-rent
9.9×

Monthly cashflow live

Estimated rent
$1,093 high interval (Pro) →
Mortgage (P&I)
$681
Tax from tax record
$181 /mo · $2,166/yr
Insurance
$54
HOA
$0
Vacancy / Maint / Mgmt
$230
Net cashflow
$-52

Break-even live

Break-even rent $1,159
Max offer price $120,661
Occupancy floor 100%

Sensitivity live

Price -10% $21 -5% $-16 +0% $-52 +5% $-89 +10% $-126
Rent -10% $-139 -5% $-95 +0% $-52 +5% $-9 +10% $34
Rate -1.0pp $13 -0.5pp $-19 base $-52 +0.5pp $-86 +1.0pp $-120

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
$32,475
Closing costs
$3,897
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2836-2850 Baughman Ave Unit 2844 Columbus, OH 2.0 1.0 1020 $950 $0.93 17d 1 0.07mi
2836-2850 Baughman Ave Unit 2846 Columbus, OH 2.0 1.0 765 $950 $1.24 45d 1 0.07mi
2844 Baughman Ave Columbus, OH 2.0 1.0 1020 $950 $0.93 17d 1 0.07mi
2846 Baughman Ave Columbus, OH 2.0 1.0 765 $950 $1.24 45d 1 0.08mi
2707 Woodland Ave Columbus, OH 3.0 1.0 957 $1,400 $1.46 19d 1 0.22mi
2718 Fern Ave Columbus, OH 3.0 1.0 1100 $1,640 $1.49 45d 1 0.27mi
2846 Joyce Ave Apt C Columbus, OH 2.0 1.0 645 $815 $1.26 25d 1 0.28mi
1928 Agler Rd Columbus, OH 2.0 1.0 1000 $875 $0.88 45d 1 0.37mi
2919 Bridgewalk St Unit 2919 Columbus, OH 2.0 1.0 806 $995 $1.23 9d 1 0.43mi
1911 Denune Ave Columbus, OH 2.0 1.0 645 $925 $1.43 45d 1 0.45mi
1911 Denune Ave Columbus, OH 2.0 1.0 645 $795 $1.23 3d 1 0.45mi
1849 Robert St Columbus, OH 3.0 1.0 816 $1,300 $1.59 5d 1 0.46mi
2901 Bridgewalk St Unit 2901 Columbus, OH 3.0 1.5 950 $1,295 $1.36 25d 1 0.46mi
2228 Minnesota Ave Columbus, OH 2.0 1.0 1025 $1,245 $1.21 17d 1 0.50mi
1954 Oakland Park Ave Unit C Columbus, OH 2.0 1.0 1000 $1,050 $1.05 45d 1 0.51mi
1952 Oakland Park Ave Apt A Columbus, OH 2.0 1.0 1000 $1,050 $1.05 45d 1 0.52mi
1952 Oakland Park Ave Unit C Columbus, OH 2.0 1.0 1000 $900 $0.90 25d 1 0.52mi
2888 Cleveland Ave Unit F Columbus, OH 1.0 1.0 680 $825 $1.21 12d 1 0.54mi
2888 Cleveland Ave Unit D Columbus, OH 1.0 1.0 680 $825 $1.21 45d 1 0.54mi
2761 Wedge St Columbus, OH 2.0 1.0 765 $970 $1.27 9d 1 0.54mi
2761 Wedge St Columbus, OH 2.0 1.0 765 $995 $1.30 23d 1 0.54mi
2695 Divot Pl Unit 2676 Columbus, OH 3.0 2.0 1050 $1,149 $1.09 45d 1 0.57mi
2765 Cleveland Ave Unit B Columbus, OH 2.0 1.0 1100 $990 $0.90 19d 1 0.60mi
1870 Dunbar Dr Apt B4 Columbus, OH 1.0 1.0 700 $850 $1.21 25d 1 0.67mi
2317 Parkwood Ave Columbus, OH 2.0 1.0 672 $995 $1.48 9d 1 0.74mi
2341 Dawnlight Ave Columbus, OH 3.0 1.0 920 $1,550 $1.68 5d 1 0.75mi
3257 Cleveland Ave Apt C Columbus, OH 2.0 1.0 975 $1,000 $1.03 45d 1 0.78mi
2505-2507 Cleveland Ave Unit F Columbus, OH 1.0 1.0 700 $1,100 $1.57 45d 1 0.79mi
2291 Taylor Ave Columbus, OH 3.0 1.0 979 $1,300 $1.33 45d 1 0.80mi
1576-1578 Arlington Ave Unit 1576 Columbus, OH 2.0 1.0 902 $1,000 $1.11 45d 1 0.94mi
1530 Genessee Ave Unit B Columbus, OH 2.0 1.0 800 $1,150 $1.44 5d 1 0.97mi
1524 Genessee Ave Unit A Columbus, OH 2.0 1.0 800 $1,150 $1.44 4d 1 0.98mi
1614 Republic Ave Unit B Columbus, OH 1.0 1.0 840 $850 $1.01 45d 1 0.99mi
1549-1551 Oakland Park Ave Columbus, OH 2.0 1.0 832 $1,100 $1.32 23d 1 1.01mi
2132 Elmore Ave Columbus, OH 3.0 1.0 1000 $1,245 $1.25 25d 1 1.12mi
3607 Cleveland Ave Columbus, OH 1.0 1.0 800 $825 $1.03 12d 1 1.16mi
1435 Republic Ave Columbus, OH 3.0 1.0 908 $1,395 $1.54 9d 1 1.20mi
1435 Republic Ave Columbus, OH 3.0 1.0 908 $1,425 $1.57 21d 1 1.20mi
1577 Cordell Ave Columbus, OH 2.0 1.0 882 $1,000 $1.13 4d 1 1.25mi
2235 McCutcheon Rd Columbus, OH 1.0–2.0 1.0–2.0 819 $1,525 $1.86 9d 1 1.29mi

Listing history 10 events

  1. 2026-05-11
    status Pending 660-char remark
    Show marketing remark (660 chars)

    Ranch-style home offering 3 bedrooms and 1 full bathroom with a functional layout. The main living area provides a comfortable space for everyday living, while the kitchen offers ample cabinet storage and room for dining. First-floor laundry adds convenience and ease to daily routines. All bedrooms are located on the main level, allowing for simple, one-floor living. Outside, the fully fenced backyard offers a generous amount of space for pets, outdoor activities, or entertaining, with plenty of room to make it your own. Whether you're looking for a primary residence or an investment opportunity, this home offers a practical layout and great potential.

  2. 2026-05-07
    price $129,900 660-char remark
    Show marketing remark (660 chars)

    Ranch-style home offering 3 bedrooms and 1 full bathroom with a functional layout. The main living area provides a comfortable space for everyday living, while the kitchen offers ample cabinet storage and room for dining. First-floor laundry adds convenience and ease to daily routines. All bedrooms are located on the main level, allowing for simple, one-floor living. Outside, the fully fenced backyard offers a generous amount of space for pets, outdoor activities, or entertaining, with plenty of room to make it your own. Whether you're looking for a primary residence or an investment opportunity, this home offers a practical layout and great potential.

  3. 2026-04-21
    status Active 660-char remark
    Show marketing remark (660 chars)

    Ranch-style home offering 3 bedrooms and 1 full bathroom with a functional layout. The main living area provides a comfortable space for everyday living, while the kitchen offers ample cabinet storage and room for dining. First-floor laundry adds convenience and ease to daily routines. All bedrooms are located on the main level, allowing for simple, one-floor living. Outside, the fully fenced backyard offers a generous amount of space for pets, outdoor activities, or entertaining, with plenty of room to make it your own. Whether you're looking for a primary residence or an investment opportunity, this home offers a practical layout and great potential.

  4. 2026-03-29
    historical Contingent 660-char remark
    Show marketing remark (660 chars)

    Ranch-style home offering 3 bedrooms and 1 full bathroom with a functional layout. The main living area provides a comfortable space for everyday living, while the kitchen offers ample cabinet storage and room for dining. First-floor laundry adds convenience and ease to daily routines. All bedrooms are located on the main level, allowing for simple, one-floor living. Outside, the fully fenced backyard offers a generous amount of space for pets, outdoor activities, or entertaining, with plenty of room to make it your own. Whether you're looking for a primary residence or an investment opportunity, this home offers a practical layout and great potential.

  5. 2026-03-26
    listed $134,900 Active 660-char remark
    Show marketing remark (660 chars)

    Ranch-style home offering 3 bedrooms and 1 full bathroom with a functional layout. The main living area provides a comfortable space for everyday living, while the kitchen offers ample cabinet storage and room for dining. First-floor laundry adds convenience and ease to daily routines. All bedrooms are located on the main level, allowing for simple, one-floor living. Outside, the fully fenced backyard offers a generous amount of space for pets, outdoor activities, or entertaining, with plenty of room to make it your own. Whether you're looking for a primary residence or an investment opportunity, this home offers a practical layout and great potential.

  6. 2020-01-17
    soldstatus $30,000 Closed 52-char remark
    Show marketing remark (52 chars)

    Great Investment/Rental Opportunity. needs paint Etc

  7. 2020-01-08
    status Pending 52-char remark
    Show marketing remark (52 chars)

    Great Investment/Rental Opportunity. needs paint Etc

  8. 2020-01-06
    listed $29,900 Active 52-char remark
    Show marketing remark (52 chars)

    Great Investment/Rental Opportunity. needs paint Etc

  9. 2006-07-31
    historical
  10. 2006-01-25
    listed $51,900

ⓘ 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
$2,166 · $181/mo
Projected year-2 tax
$2,166 · $181/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$13,117
− Mortgage interest
−$7,276
− Property taxes
−$2,166
− Insurance
−$650
− Repairs & maintenance
−$1,049
− Management
−$1,049
− Depreciation
−$3,779
Taxable loss
−$2,853
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$685
After-tax cash flow
$57/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

County
Franklin County · 1,351,780 people
City population
612,189
Metro
Columbus, OH
Population (ZIP)
22,313
Household income
$42,579
Rent vs Own
59.4% rent · 40.6% own
Severe rent burden
1282.0

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 0.60)
Race & ethnicity
Black 58% White 21% Hispanic / Latino 13% Two or more races 12% Asian 2%
Hispanic origin (detail)
Mexican 8% Dominican 1%
Common ancestry
Italian 1%
Foreign-born
10% · Canada, India
Languages at home
84% English-only · Spanish 11% Other Indo-European 2% 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
▼ -94.10%
Current HPI
250.3885
Rent YoY
▲ 3.41%
Metro
Columbus, OH
State GDP YoY
▲ 1.98%
F500 in state
48

Industry mix (Fortune 500 HQ in OH)

Industry F500 HQs Revenue

Price history

+150.3% since first listed
10 events — show timeline
  • 2026-05-11 Pending CBRMLS
  • 2026-05-07 Price Changed $129,900 CBRMLS
  • 2026-04-21 Relisted CBRMLS
  • 2026-03-29 Contingent CBRMLS
  • 2026-03-26 Listed $134,900 CBRMLS
  • 2020-01-17 Sold (MLS) $30,000 CBRMLS
  • 2020-01-08 Pending CBRMLS
  • 2020-01-06 Listed $29,900 CBRMLS
  • 2006-07-31 Listing Removed CBRMLS
  • 2006-01-25 Listed $51,900 CBRMLS

Property tax history

+10.4%/yr

Latest (2024): $2,166 · -0.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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