6457 Mountaineer Trail Ct · Columbus, OH 43068

$245,000

3 bd · 2.5 ba · 1,468 sqft · SingleFamily public records · 3 Days on market

Built 1985 8,712 sqft lot $167/sqft · 9% below area Est $269k · 9% under

---

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 +11.5/15.0
• Cash flow +10.9/30.0
• Livability +4.0/5.0
• DSCR +3.1/10.0
• Rent growth +3.0/5.0
• 1% rule +2.9/10.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cozy Bi-Level, perfect for children and pets! Located on a cul-de-sac and minutes from all Pickerington has to offer. This lovely home features three bedrooms, two full and 1- 1/2 baths. Beautiful dark cherry laminate flooring spice up the kitchen, great room, and main entrances. The wood burning fireplace in the family room adds to the ambiance of the perfect family fun night! Both the interior and exterior of this home are freshly painted! The family room leads out to an oversized attached two-car garage. The deck and fenced in backyard feature ample space for all of your outdoor festivities. A play set in the backyard adds to the fun. It's a great play environment for children, pets or the garden enthusiast! Move in ready!

Key facts

• 8,712 sq ft lot
• 2 garage spots
• Pool

Property features AI

Exterior

• Parking: Attached garage with 2 parking spaces
• Security: Security system
• Utilities: Public water; Public sewer
• Home design: Single family residence; Bi-level layout; Built in 1985; No shared/common walls
• Construction: Block foundation
• Exterior features: Patio; Deck; Fenced yard; Above-ground pool

Interior

• Flooring: Wood flooring; Laminate flooring; Carpet; Vinyl flooring
• Bathrooms: Two full bathrooms and one half bathroom (3 total)
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Insulated windows throughout; Wood-burning fireplace (one)

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $-110 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $226k (7.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (20.7% below list).
• Recommended offer: $194k (20.7% 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.
• Groveport Madison Local (suburban): math 23% / reading 38% proficiency, ranked #573 of 656 in OH (top 87%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.0%/yr); 182 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 33% of the median local income ($70k/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 $7k 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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 23y 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.

Recommended offer $194,246 (20.7% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 0.79% ✗
• Cap rate: 5.76%
• Cash-on-cash: -1.92%
• DSCR: 0.91
• GRM: 10.5

CMA / ARV

• ARV (median comp): $268,749
• List price: $245,000
• Delta: -8.84%
• 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
6457 Mountaineer Trail Ct	0.00mi	3/2.5	1,468 (0%)	0mo	$261,000	$178	100
2832 Liberty Bell Ln	0.17mi	3/1.5	1,540 (+5%)	1mo	$282,000	$183	79
2854 Freedom Trl	0.15mi	3/2.0	1,599 (+9%)	1mo	$290,000	$181	75
6449 Gunstock Ct	0.15mi	3/1.5	1,330 (-9%)	0mo	$244,500	$184	73
2973 Hubbardton Pl	0.49mi	3/1.5	1,448 (-1%)	4mo	$200,000	$138	67
6783 Erindale Dr	0.70mi	3/1.5	1,368 (-7%)	1mo	$256,000	$187	51
3009 High St	0.58mi	2/2.0 (-1)	1,326 (-10%)	0mo	$200,000	$151	50
3014 Hubbardton Pl	0.57mi	3/2.5	1,260 (-14%)	1mo	$262,000	$208	48
2981 Hubbardton Pl	0.51mi	3/1.5	1,260 (-14%)	0mo	$249,900	$198	48
3124 Creighton Pl	0.72mi	3/1.5	1,368 (-7%)	5mo	$186,000	$136	47
3133 Earlington Ln	0.61mi	4/1.5 (+1)	1,595 (+9%)	4mo	$260,000	$163	45
2996 Hubbardton Pl	0.55mi	3/1.0	1,260 (-14%)	1mo	$230,000	$183	44

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 · 2.02% rent growth · sell at horizon

5-year hold

• IRR: -20.5%
• Equity multiple: 0.29×
• Total profit: $-48,587
• Equity at exit: $36,530

10-year hold

• IRR: -16.0%
• Equity multiple: 0.14×
• Total profit: $-58,942
• Equity at exit: $21,183

Cash invested: $68,600 (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 43068

• Rents YoY: 2.0%
• Active inventory: 182
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,942 high
• Mortgage (P&I): −$1,285
• Tax from tax record: −$257 /mo · $3,089/yr
• Insurance: −$102
• HOA: −$0
• Vacancy / Maint / Mgmt: −$408
• Net cashflow: $-110

Break-even live

Break-even rent $2,081

Max offer price $225,616

Occupancy floor —

Sensitivity live

Price	-10% $29	-5% $-40	+0% $-110	+5% $-179	+10% $-248
Rent	-10% $-263	-5% $-186	+0% $-110	+5% $-33	+10% $44
Rate	-1.0pp $14	-0.5pp $-47	base $-110	+0.5pp $-173	+1.0pp $-238

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: $61,250
• Closing costs: $7,350
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2892 Teapot Ct Reynoldsburg, OH	3.0	2.5	1364	$2,265	$1.66	2d	1	0.16mi
6560 Benjamin Dr Reynoldsburg, OH	3.0	1.5	1434	$1,895	$1.32	45d	1	0.19mi
2871 Yankee Doodle Dr Reynoldsburg, OH	3.0	1.5	1323	$2,085	$1.58	45d	1	0.29mi
3028 Breed Dr Reynoldsburg, OH	3.0	2.5	1546	$2,295	$1.48	3d	1	0.41mi
6562 Bennell Dr Reynoldsburg, OH	4.0	2.0	1434	$2,280	$1.59	17d	1	0.45mi
3000 High St Columbus, OH	4.0	2.0	1436	$1,950	$1.36	13d	1	0.53mi
2830 Albemarle Dr Reynoldsburg, OH	2.0	2.5	1280	$1,525	$1.19	4d	5	0.55mi
2680 Silver Oak Dr Columbus, OH	1.0–2.0	1.0–2.0	965	$1,549	$1.60	3d	21	0.60mi
3124 Creighton Pl Reynoldsburg, OH	3.0	1.5	1368	$1,985	$1.45	2d	1	0.72mi
3124 Creighton Pl Reynoldsburg, OH	3.0	1.5	1368	$2,100	$1.54	45d	1	0.72mi
6680 Oak Bend Commons Way Canal Winchester, OH	2.0	2.5	1750	$1,588	$0.91	8d	10	0.78mi
2269 Hughey Dr Reynoldsburg, OH	2.0	1.5	1225	$1,175	$0.96	8d	1	0.87mi
6300 Refugee Rd Canal Winchester, OH	1.0–3.0	1.0–3.0	1052	$1,957	$1.86	3d	29	0.89mi
6592 Steinway Dr Reynoldsburg, OH	1.0–3.0	1.0–2.0	950	$1,495	$1.57	3d	7	0.98mi
5623-5625 Chatford Dr Columbus, OH	2.0	1.5	1010	$1,085	$1.07	18d	1	1.01mi
5623-5625 Chatford Dr Unit 5623 Columbus, OH	2.0	1.5	1010	$1,085	$1.07	18d	1	1.01mi
2710 Moundcrest St Columbus, OH	3.0	1.0	1316	$1,885	$1.43	45d	1	1.02mi
2800 John Steven Way Reynoldsburg, OH	2.0	1.5	987	$1,368	$1.39	4d	10	1.07mi
2859 Falcon Bridge Dr Columbus, OH	3.0	1.5	1350	$1,900	$1.41	21d	1	1.09mi
3003 Falcon Bridge Dr Columbus, OH	3.0	1.5	1350	$1,801	$1.33	45d	1	1.18mi
2011 Baldwin Rd Reynoldsburg, OH	2.0	1.5	1024	$1,147	$1.12	45d	1	1.19mi
3675 Cross Ridge Ln Canal Winchester, OH	1.0–3.0	1.0–2.5	866	$1,839	$2.12	3d	33	1.23mi
2870 Kengary Way Reynoldsburg, OH	2.0	1.5	987	$1,282	$1.30	3d	23	1.26mi
5240 Carbondale Dr Columbus, OH	3.0	1.5	1239	$2,000	$1.61	45d	1	1.27mi
2705 Denmark Rd Columbus, OH	4.0	2.0	1504	$2,199	$1.46	24d	1	1.29mi
3560 Woody Way Canal Winchester, OH	3.0	2.0	1660	$2,245	$1.35	2d	1	1.30mi
6613-6617 E Livingston Ave Unit 6615 Reynoldsburg, OH	3.0	1.5	1322	$1,495	$1.13	45d	1	1.36mi
7253 Fablegate Ct Reynoldsburg, OH	3.0	2.0	1173	$2,295	$1.96	2d	1	1.36mi
2564 Maybury Rd Columbus, OH	4.0	1.5	1185	$1,900	$1.60	4d	1	1.38mi
2564 Maybury Rd Columbus, OH	4.0	1.5	1185	$1,900	$1.60	17d	1	1.38mi
7287 Candlestone Dr Reynoldsburg, OH	3.0	2.5	1224	$2,235	$1.83	45d	1	1.42mi
6689 Dorothys Crk Canal Winchester, OH	2.0	2.0	1152	$1,350	$1.17	15d	1	1.44mi
6759 Dorothy's Crk Canal Winchester, OH	2.0	2.0	1152	$1,350	$1.17	24d	1	1.44mi
6717 Dorothys Crk Canal Winchester, OH	3.0	2.0	1519	$1,450	$0.95	15d	1	1.45mi
6749 Dorothy's Crk Canal Winchester, OH	2.0	2.0	1152	$1,350	$1.17	24d	1	1.45mi
6733 Dorothys Xing Canal Winchester, OH	3.0	2.0	1281	$1,550	$1.21	45d	1	1.47mi

Listing history 14 events

1. 2026-05-08
   status Pending 577-char remark
2. 2026-05-04
   listed $245,000 Active 577-char remark
3. 2026-05-01
   historical $245,000 577-char remark
4. 2019-01-11
   soldstatus $148,000
5. 2019-01-04
   soldstatus $148,000 Closed 739-char remark

   Show marketing remark (739 chars)

   Cozy Bi-Level, perfect for children and pets! Located on a cul-de-sac and minutes from all Pickerington has to offer. This lovely home features three bedrooms, two full and 1- 1/2 baths. Beautiful dark cherry laminate flooring spice up the kitchen, great room, and main entrances. The wood burning fireplace in the family room adds to the ambiance of the perfect family fun night! Both the interior and exterior of this home are freshly painted! The family room leads out to an oversized attached two-car garage. The deck and fenced in backyard feature ample space for all of your outdoor festivities. A play set in the backyard adds to the fun. It's a great play environment for children, pets or the garden enthusiast! Move in ready!

6. 2018-12-04
   historical Contingent Finance and Inspection 739-char remark

   Show marketing remark (739 chars)

   Cozy Bi-Level, perfect for children and pets! Located on a cul-de-sac and minutes from all Pickerington has to offer. This lovely home features three bedrooms, two full and 1- 1/2 baths. Beautiful dark cherry laminate flooring spice up the kitchen, great room, and main entrances. The wood burning fireplace in the family room adds to the ambiance of the perfect family fun night! Both the interior and exterior of this home are freshly painted! The family room leads out to an oversized attached two-car garage. The deck and fenced in backyard feature ample space for all of your outdoor festivities. A play set in the backyard adds to the fun. It's a great play environment for children, pets or the garden enthusiast! Move in ready!

7. 2018-11-09
   listed $150,000 Active 739-char remark

   Show marketing remark (739 chars)

   Cozy Bi-Level, perfect for children and pets! Located on a cul-de-sac and minutes from all Pickerington has to offer. This lovely home features three bedrooms, two full and 1- 1/2 baths. Beautiful dark cherry laminate flooring spice up the kitchen, great room, and main entrances. The wood burning fireplace in the family room adds to the ambiance of the perfect family fun night! Both the interior and exterior of this home are freshly painted! The family room leads out to an oversized attached two-car garage. The deck and fenced in backyard feature ample space for all of your outdoor festivities. A play set in the backyard adds to the fun. It's a great play environment for children, pets or the garden enthusiast! Move in ready!

8. 2003-07-30
   soldstatus $121,900
9. 2003-07-25
   soldstatus $121,900

   Show marketing remark (124 chars)

   Awesome Bi-Level! Located off of Brice Rd. 3 BDRM, 2 full baths, 2 car garage on cul-de-sac. Move in and sit down! Must see!

10. 2003-07-24
    historical

    Show marketing remark (124 chars)

    Awesome Bi-Level! Located off of Brice Rd. 3 BDRM, 2 full baths, 2 car garage on cul-de-sac. Move in and sit down! Must see!

11. 2003-04-15
    listed $121,900

    Show marketing remark (124 chars)

    Awesome Bi-Level! Located off of Brice Rd. 3 BDRM, 2 full baths, 2 car garage on cul-de-sac. Move in and sit down! Must see!

12. 1991-04-15
    soldstatus $77,500
13. 1991-04-15
    soldstatus $77,500
14. 1985-11-08
    soldstatus $10,350

ⓘ 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: $3,089 · $257/mo
• Projected year-2 tax: $3,455 · $288/mo
• Expected delta: +$367/yr (+$31/mo · 11.9%)

ⓘ 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 ≥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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,310
• − Mortgage interest: −$13,724
• − Property taxes: −$3,089
• − Insurance: −$1,225
• − Repairs & maintenance: −$1,865
• − Management: −$1,865
• − Depreciation: −$7,127
• Taxable loss: −$5,585
• Est. tax savings @ 24.0%: +$1,340
• After-tax cash flow: $24/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: Groveport Madison Local
• NCES district ID: 3904697
• Math proficiency: 23% ▼ -25.00%
• Reading proficiency: 38% ▼ -16.00%
• Median HH income: $49,549
• Composite: 26.52/100
• National rank: #7200
• State rank: #573 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): 60,148
• Household income: $70,477
• Rent vs Own: 42.4% rent · 57.6% own
• Severe rent burden: 2189.0

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 0.68)
• Race & ethnicity: White 46% Black 31% Asian 9% Two or more races 8% Hispanic / Latino 7%
• Hispanic origin (detail): Mexican 3% Dominican 2%
• Common ancestry: Lithuanian 2% Italian 2% Slovak 1%
• Foreign-born: 15% · Canada, India
• Languages at home: 81% English-only · Other Indo-European 7% Spanish 5% French/Haitian/Cajun 2%

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: ▼ -222.50%
• Current HPI: 233.8839
• Rent YoY: ▲ 2.02%
• 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

+2421.7% since first listed

15 events — show timeline

• 2026-06-11 Sold (MLS) $261,000 CBRMLS
• 2026-05-08 Pending — CBRMLS
• 2026-05-04 Listed $245,000 CBRMLS
• 2026-05-01 Coming Soon $245,000 CBRMLS
• 2019-01-11 Sold (Public Records) $148,000 Public Records
• 2019-01-04 Sold (MLS) $148,000 CBRMLS
• 2018-12-04 Contingent — CBRMLS
• 2018-11-09 Listed $150,000 CBRMLS
• 2003-07-30 Sold (Public Records) $121,900 Public Records
• 2003-07-25 Sold (MLS) $121,900 CBRMLS
• 2003-07-24 Listing Removed — CBRMLS
• 2003-04-15 Listed $121,900 CBRMLS
• 1991-04-15 Sold (Public Records) $77,500 Public Records
• 1991-04-15 Sold (Public Records) $77,500 Public Records
• 1985-11-08 Sold (Public Records) $10,350 Public Records

Property tax history

+5.4%/yr

Latest (2024): $3,089 · +1.0% YoY. Source: county tax records.