329 S Weyant Ave · Columbus, OH 43213

$109,900

3 bd · 1.0 ba · 1,106 sqft · SingleFamily public records · 3 Days on market

Built 1954 5,227 sqft lot Est $150k · 27% 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 +23.9/30.0
• ARV discount +15.0/15.0
• DSCR +7.7/10.0
• 1% rule +6.4/10.0
• 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

Opportunity for owner occupant or investor. Seller prefers to close after January 1, 2019.

Key facts

• Strong potential
• Convenient location
• Local amenities

Tags

• INVESTMENT OPPORTUNITY
• CONVENIENT LOCATION
• LOCAL AMENITIES
• PUBLIC TRANSPORTATION
• STRONG POTENTIAL
• FREEDOM TO CUSTOMIZE

Property features AI

Exterior

• Parking: Detached 1-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One-and-a-half stories; Built in 1954; No shared/common walls
• Construction: Block foundation; Built in 1954
• Exterior features: Block foundation

Interior

• Bedrooms: 2 main-level bedrooms
• Flooring: Wood flooring; Carpet; Vinyl flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Full basement; Living area approximately 1106

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $213 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Cap rate 8.6% 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.
• 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); 68 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 $760 of loan paydown is wiped out by about $3k 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.
• 6 sale attempts since 16y 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 $45k; list at $110k implies a 144% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $109,900

Questions for the listing agent

1. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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.
5. 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.
6. 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: 1.14% ✓
• Cap rate: 8.62%
• Cash-on-cash: 8.30%
• DSCR: 1.37
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $150,416
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
514 S Napoleon Ave	0.27mi	2/2.0 (-1)	1,096 (-1%)	3mo	$185,000	$169	74
269 S Weyant Ave	0.09mi	3/1.5	1,246 (+13%)	2mo	$142,000	$114	71
208 S Weyant Ave	0.18mi	2/1.0 (-1)	1,008 (-9%)	1mo	$110,000	$109	71
624 Elizabeth Ave	0.49mi	2/1.0 (-1)	1,104 (-0%)	2mo	$83,210	$75	70
350 S Hampton Rd	0.11mi	3/1.0	1,256 (+14%)	3mo	$110,000	$88	70
450 S Waverly St	0.19mi	3/1.5	966 (-13%)	2mo	$140,000	$145	66
733 S Napoleon Ave	0.58mi	3/2.0	1,110 (+0%)	3mo	$210,000	$189	66
78 S Weyant Ave	0.37mi	3/2.0	1,008 (-9%)	5mo	$137,500	$136	60
691 S Hampton Rd	0.57mi	2/1.0 (-1)	1,227 (+11%)	0mo	$155,000	$126	50
107 N Ashburton Rd	0.66mi	3/1.0	1,236 (+12%)	1mo	$100,000	$81	49
720 S Hampton Rd	0.60mi	3/2.0	1,233 (+12%)	1mo	$202,000	$164	48
3137 Fair Ave	0.51mi	3/2.0	1,240 (+12%)	5mo	$315,000	$254	47

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: -4.5%
• Equity multiple: 0.83×
• Total profit: $-5,114
• Equity at exit: $16,386

10-year hold

• IRR: 4.4%
• Equity multiple: 1.31×
• Total profit: $9,524
• Equity at exit: $9,502

Cash invested: $30,772 (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: 68
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,252 high
• Mortgage (P&I): −$576
• Tax from tax record: −$154 /mo · $1,850/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$263
• Net cashflow: $213

Break-even live

Break-even rent $983

Max offer price $109,900

Occupancy floor 78%

Sensitivity live

Price	-10% $275	-5% $244	+0% $213	+5% $182	+10% $151
Rent	-10% $114	-5% $163	+0% $213	+5% $262	+10% $312
Rate	-1.0pp $268	-0.5pp $241	base $213	+0.5pp $184	+1.0pp $155

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: $27,475
• Closing costs: $3,297
• 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	0.08mi
301 S Napoleon Ave Unit D Columbus, OH	2.0	1.0	860	$1,000	$1.16	44d	1	0.08mi
281 S Napoleon Ave Columbus, OH	2.0	1.0	850	$900	$1.06	8d	1	0.09mi
384-386 S Napoleon Ave Columbus, OH	3.0	1.5	1140	$1,350	$1.18	44d	1	0.15mi
416 S Weyant Ave Columbus, OH	2.0	1.0	720	$1,149	$1.60	24d	1	0.15mi
393 Barnett Rd Columbus, OH	2.0	1.5	840	$975	$1.16	24d	1	0.17mi
429 Barnett Rd Unit A Columbus, OH	2.0	1.5	1312	$1,000	$0.76	44d	1	0.20mi
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
51 Mayfair Blvd Columbus, OH	2.0	1.0	869	$1,232	$1.42	4d	6	0.42mi
525 S Everett Ave Columbus, OH	3.0	1.0	1137	$1,500	$1.32	15d	1	0.43mi
3438-3448 E Broad St Columbus, OH	2.0	1.0	975	$800	$0.82	44d	1	0.48mi
57-59 N Waverly St Columbus, OH	2.0	1.0	1000	$1,000	$1.00	22d	1	0.55mi
59 N Waverly St Columbus, OH	2.0	1.0	1000	$1,000	$1.00	20d	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	22d	1	0.55mi
68 N Waverly St Columbus, OH	3.0	1.0	968	$1,350	$1.39	44d	1	0.56mi
461 Eastmoor Blvd Columbus, OH	2.0	1.0	1100	$1,295	$1.18	18d	1	0.63mi
694-696 S Everett Ave Columbus, OH	2.0	1.0	896	$1,195	$1.33	44d	1	0.64mi
3540 E Main St Columbus, OH	2.0	1.0	914	$1,074	$1.18	4d	5	0.69mi
802 Ruby Ave Columbus, OH	3.0	2.0	1004	$1,875	$1.87	44d	1	0.71mi
849 Byron Ave Columbus, OH	3.0	1.5	936	$1,400	$1.50	8d	1	0.78mi
406 Beechtree Rd Whitehall, OH	3.0	1.0	950	$1,300	$1.37	24d	1	0.78mi
662-664 Eastmoor Blvd Columbus, OH	2.0	1.0	1200	$1,100	$0.92	13d	1	0.80mi
662-664 Eastmoor Blvd Columbus, OH	2.0	1.0	1200	$1,100	$0.92	13d	1	0.80mi
857 S Waverly St Columbus, OH	3.0	1.0	850	$1,250	$1.47	44d	1	0.82mi
892 Ruby Ave Columbus, OH	2.0	2.0	1100	$1,500	$1.36	44d	1	0.84mi
3287 E Mound St Columbus, OH	2.0	1.5	1100	$1,300	$1.18	22d	1	0.88mi
914 S Weyant Ave Columbus, OH	3.0	1.5	1089	$1,099	$1.01	18d	1	0.88mi
2900 E Broad St Unit 2 Columbus, OH	2.0	2.0	1200	$1,750	$1.46	13d	1	0.90mi
925 S Ashburton Rd Columbus, OH	3.0	1.0	963	$1,500	$1.56	24d	1	1.00mi
2990 Maryland Ave Columbus, OH	1.0–3.0	1.0	714	$1,365	$1.91	2d	29	1.03mi
3855 E Mound St Columbus, OH	3.0	1.0	1476	$1,885	$1.28	44d	1	1.14mi
3210 Allegheny Ave Columbus, OH	2.0–3.0	1.0–2.0	1010	$1,498	$1.48	3d	7	1.18mi
4163 Wright Park Columbus, OH	2.0	2.0	1008	$1,750	$1.74	44d	1	1.18mi
381 S Yearling Rd Unit 381 Yearling Whitehall, OH	3.0	1.0	850	$1,095	$1.29	24d	1	1.19mi
3974 Andrus Ct E Unit 3982D Columbus, OH	2.0	1.5	950	$1,285	$1.35	24d	1	1.23mi
3974 Andrus Ct E Unit 3996C Columbus, OH	2.0	1.5	950	$1,185	$1.25	24d	1	1.23mi
3058 Allegheny Ave Columbus, OH	1.0–2.0	1.0	781	$1,350	$1.73	4d	7	1.24mi
3974 Andrus Ave Columbus, OH	2.0	1.5	950	$1,235	$1.30	24d	3	1.25mi

Listing history 17 events

1. 2026-05-23
   status Pending
2. 2026-05-19
   listed $109,900 Active
3. 2019-01-08
   soldstatus $45,000
4. 2019-01-04
   soldstatus $45,000 Closed 90-char remark

   Show marketing remark (90 chars)

   Opportunity for owner occupant or investor. Seller prefers to close after January 1, 2019.

5. 2018-11-20
   status Pending 90-char remark

   Show marketing remark (90 chars)

   Opportunity for owner occupant or investor. Seller prefers to close after January 1, 2019.

6. 2018-11-09
   status Active 90-char remark

   Show marketing remark (90 chars)

   Opportunity for owner occupant or investor. Seller prefers to close after January 1, 2019.

7. 2018-10-12
   historical 90-char remark

   Show marketing remark (90 chars)

   Opportunity for owner occupant or investor. Seller prefers to close after January 1, 2019.

8. 2018-09-12
   price $59,900 90-char remark

   Show marketing remark (90 chars)

   Opportunity for owner occupant or investor. Seller prefers to close after January 1, 2019.

9. 2018-05-29
   price $64,900 90-char remark

   Show marketing remark (90 chars)

   Opportunity for owner occupant or investor. Seller prefers to close after January 1, 2019.

10. 2018-03-22
    listed $69,900 Active 90-char remark

    Show marketing remark (90 chars)

    Opportunity for owner occupant or investor. Seller prefers to close after January 1, 2019.

11. 2013-10-15
    historical
12. 2012-07-09
    listed $52,900
13. 2012-01-14
    historical
14. 2011-04-13
    listed $59,000
15. 2011-03-17
    historical
16. 2010-11-16
    listed $69,000
17. 1986-11-05
    soldstatus $43,500

ⓘ 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: $1,850 · $154/mo
• Projected year-2 tax: $1,850 · $154/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 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,024
• − Mortgage interest: −$6,156
• − Property taxes: −$1,850
• − Insurance: −$550
• − Repairs & maintenance: −$1,202
• − Management: −$1,202
• − Depreciation: −$3,197
• Taxable income: $867
• Est. tax owed @ 24.0%: −$208
• After-tax cash flow: $2,345/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

+152.6% since first listed

17 events — show timeline

• 2026-05-23 Pending — CBRMLS
• 2026-05-19 Listed $109,900 CBRMLS
• 2019-01-08 Sold (Public Records) $45,000 Public Records
• 2019-01-04 Sold (MLS) $45,000 CBRMLS
• 2018-11-20 Pending — CBRMLS
• 2018-11-09 Relisted — CBRMLS
• 2018-10-12 Listing Removed — CBRMLS
• 2018-09-12 Price Changed $59,900 CBRMLS
• 2018-05-29 Price Changed $64,900 CBRMLS
• 2018-03-22 Listed $69,900 CBRMLS
• 2013-10-15 Listing Removed — CBRMLS
• 2012-07-09 Listed $52,900 CBRMLS
• 2012-01-14 Listing Removed — CBRMLS
• 2011-04-13 Listed $59,000 CBRMLS
• 2011-03-17 Listing Removed — CBRMLS
• 2010-11-16 Listed $69,000 CBRMLS
• 1986-11-05 Sold (Public Records) $43,500 Public Records

Property tax history

+2.8%/yr

Latest (2024): $1,850 · +1.3% YoY. Source: county tax records.