1795 Eastbrook Dr S · Columbus, OH 43223

$174,900

2 bd · 1.0 ba · 1,261 sqft · SingleFamily public records · 32 Days on market

Built 1954 0.27 ac lot $139/sqft · at area comps Est $183k · at est.

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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).

• Cash flow +11.0/30.0
• ARV discount +9.5/15.0
• Livability +4.0/5.0
• Schools +3.8/10.0
• Rent growth +3.7/5.0
• 1% rule +3.5/10.0
• DSCR +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great starter home! Move-in ready! This Ranch Home offers a Living Room & Dining Room area, Upgraded Kitchen with Oak Cabinets, Gas Range, Dishwasher, Refrigerator and Microwave, Spacious Family Room with a Wood Burning Stove and nice picture window opening to the extra large fenced back yard with deck and fire-pit. Freshly painted & New Carpet. The bedrooms have hardwood flooring. Convenient Location! Seller is related to Agent.

Key facts

• Attached garage
• Block foundation
• Level backyard

Tags

• ATTACHED GARAGE
• FENCED BACKYARD
• BLOCK FOUNDATION
• LEVEL BACKYARD
• MINUTES FROM SCIOTO RIVER
• EASY FREEWAY ACCESS

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Single-family residence; One story; Built in 1954; No shared/common walls
• Construction: Block foundation
• Exterior features: Deck; Fenced yard; Shed(s) and outbuilding

Interior

• Bedrooms: 3 main-level bedrooms
• Flooring: Wood flooring; Carpet
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Forced air heating
• Interior features: Full basement; Living area approximately 1261

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $-73 ($-876/yr) — negative.
• To cash-flow at today's rent, offer at most $162k (7.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $149k (14.5% below list).
• Recommended offer: $149k (14.5% 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.
• 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: Finland Elementary School (math 27% / reading 27%, grade F, #1,193 of 1,584 statewide, top 76%, 355 students, 82% FRL); Finland Middle School (math 37% / reading 40%, grade F, #529 of 654 statewide, top 81%, 637 students, 80% FRL); Franklin Heights High School (math 22% / reading 43%, grade F, #604 of 781 statewide, top 77%, 1,338 students, 65% FRL) — zoned schools average 75% FRL vs 51% district-wide (25 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.6%/yr); 147 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; 8,139 units permitted in Franklin County in 2024 (5,940 in 5+ unit buildings).
• This rent runs 38% of the median local income ($47k/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 $1k of loan paydown is wiped out by about $5k 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 32 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 11y 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 $55k; list at $175k implies a 218% 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 $149,491 (14.5% 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 32 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. Built in 1954 — 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: 0.85% ✗
• Cap rate: 5.79%
• Cash-on-cash: -1.79%
• DSCR: 0.92
• GRM: 9.7

CMA / ARV

• ARV (median comp): $182,884
• List price: $174,900
• Delta: -4.37%
• 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
1521 October Ridge Ct	0.40mi	3/2.0 (+1)	1,256 (-0%)	3mo	$208,000	$166	69
1799 Eastbrook Dr S	0.01mi	3/1.0 (+1)	1,105 (-12%)	9mo	$192,500	$174	66
1538 Autumn Village Dr	0.38mi	3/1.5 (+1)	1,282 (+2%)	10mo	$257,500	$201	64
2145 Kingscreek Ct	0.56mi	3/1.5 (+1)	1,272 (+1%)	4mo	$272,000	$214	62
2169 Summer Breeze Dr	0.30mi	3/1.5 (+1)	1,400 (+11%)	0mo	$173,000	$124	60
1955 Big Tree Dr	0.28mi	3/2.0 (+1)	1,170 (-7%)	8mo	$260,000	$222	59
2389 Bluff Run Dr	0.50mi	3/2.0 (+1)	1,216 (-4%)	11mo	$80,000	$66	53
1723 Farberdale Dr	0.58mi	2/1.5	1,382 (+10%)	4mo	$248,000	$179	52
2100 Carrollton Dr	0.49mi	3/2.0 (+1)	1,366 (+8%)	4mo	$251,000	$184	50
1543 Red Leaf Ln	0.36mi	3/2.5 (+1)	1,428 (+13%)	2mo	$239	—	49
2243 Golden Leaf Ln	0.34mi	3/2.0 (+1)	1,448 (+15%)	5mo	$190,000	$131	47
1852 Richmond Rd	0.69mi	2/1.0	1,091 (-14%)	0mo	$220,000	$202	45

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 · 4.61% rent growth · sell at horizon

5-year hold

• IRR: -17.4%
• Equity multiple: 0.38×
• Total profit: $-30,478
• Equity at exit: $26,078

10-year hold

• IRR: -6.5%
• Equity multiple: 0.55×
• Total profit: $-21,886
• Equity at exit: $15,122

Cash invested: $48,972 (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 43223

• Rents YoY: 4.6%
• Active inventory: 147
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,495 high
• Mortgage (P&I): −$917
• Tax from tax record: −$264 /mo · $3,167/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $-73

Break-even live

Break-even rent $1,587

Max offer price $162,009

Occupancy floor 100%

Sensitivity live

Price	-10% $26	-5% $-23	+0% $-73	+5% $-122	+10% $-172
Rent	-10% $-191	-5% $-132	+0% $-73	+5% $-14	+10% $45
Rate	-1.0pp $15	-0.5pp $-28	base $-73	+0.5pp $-118	+1.0pp $-164

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: $43,725
• Closing costs: $5,247
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2210 October Ridge Dr Unit 2224 Columbus, OH	2.0	1.5	950	$1,200	$1.26	25d	1	0.48mi
2210 October Ridge Dr Unit 2232 Columbus, OH	2.0	1.5	950	$1,200	$1.26	5d	1	0.48mi
Sandybrook Ct Columbus, OH	2.0	1.0	1028	$1,250	$1.22	45d	1	0.87mi
2365 Hardy Pkwy Grove City, OH	2.0	1.0–2.0	810	$1,172	$1.45	3d	2	0.88mi
2290 Turquoise Dr Grove City, OH	3.0	1.0	1232	$2,225	$1.81	18d	1	0.92mi
1576 Rock Creek Dr Grove City, OH	3.0	2.5	1450	$2,050	$1.41	16d	1	1.07mi
2887 Creith Ct Grove City, OH	3.0	2.0	1201	$2,023	$1.68	45d	1	1.13mi
1475 Stimmel Rd Columbus, OH	1.0–4.0	1.0	868	$1,205	$1.39	18d	1	1.13mi
947 E Forest Creek Dr Columbus, OH	2.0	1.5	950	$1,200	$1.26	45d	2	1.16mi
1329 Birch Dr Columbus, OH	3.0	2.0	1500	$1,700	$1.13	45d	1	1.19mi
2956 Crocker Run Rd Grove City, OH	3.0	1.5	1200	$2,000	$1.67	45d	1	1.20mi
2201 Collier Crst Grove City, OH	1.0–2.0	1.0–2.0	819	$1,432	$1.75	3d	19	1.35mi
791-793 Butler Ave Unit 791 Columbus, OH	3.0	1.0	1000	$1,395	$1.40	5d	1	1.35mi
1690 Dyer Rd Grove City, OH	3.0	1.5	1440	$1,749	$1.21	23d	1	1.36mi
945 Hodges Dr Columbus, OH	3.0	1.0	1078	$1,640	$1.52	25d	1	1.37mi
3152 Winding Creek Dr Unit 3152 Columbus, OH	2.0	1.0	964	$1,295	$1.34	45d	1	1.42mi
1928-1930 Vaughn St Unit 1928 Columbus, OH	2.0	1.0	919	$957	$1.04	45d	1	1.48mi

Listing history 15 events

1. 2026-06-21
   days on market $174,900 Active 32 DOM
2. 2026-06-18
   days on market $174,900 Active 29 DOM
3. 2026-06-17
   days on market $174,900 Active 28 DOM
4. 2026-06-16
   days on market $174,900 Active 27 DOM
5. 2026-06-15
   days on market $174,900 Active 26 DOM
6. 2026-06-13
   days on market $174,900 Active 24 DOM
7. 2026-06-09
   days on market $174,900 Active 20 DOM
8. 2026-06-08
   days on market $174,900 Active 19 DOM
9. 2026-06-07
   statusdays on market $174,900 Active 18 DOM
10. 2026-05-17
    status Pending 896-char remark
11. 2026-05-01
    listed $174,900 Active 896-char remark
12. 2015-10-29
    soldstatus $55,000
13. 2015-10-21
    soldstatus $55,000 Closed 445-char remark

    Show marketing remark (445 chars)

    Great starter home! Move-in ready! This Ranch Home offers a Living Room & Dining Room area, Upgraded Kitchen with Oak Cabinets, Gas Range, Dishwasher, Refrigerator and Microwave, Spacious Family Room with a Wood Burning Stove and nice picture window opening to the extra large fenced back yard with deck and fire-pit. Freshly painted & New Carpet. The bedrooms have hardwood flooring. Convenient Location! Seller is related to Agent.

14. 2015-10-06
    status Pending 445-char remark

    Show marketing remark (445 chars)

    Great starter home! Move-in ready! This Ranch Home offers a Living Room & Dining Room area, Upgraded Kitchen with Oak Cabinets, Gas Range, Dishwasher, Refrigerator and Microwave, Spacious Family Room with a Wood Burning Stove and nice picture window opening to the extra large fenced back yard with deck and fire-pit. Freshly painted & New Carpet. The bedrooms have hardwood flooring. Convenient Location! Seller is related to Agent.

15. 2015-09-07
    listed $70,000 Active 445-char remark

    Show marketing remark (445 chars)

    Great starter home! Move-in ready! This Ranch Home offers a Living Room & Dining Room area, Upgraded Kitchen with Oak Cabinets, Gas Range, Dishwasher, Refrigerator and Microwave, Spacious Family Room with a Wood Burning Stove and nice picture window opening to the extra large fenced back yard with deck and fire-pit. Freshly painted & New Carpet. The bedrooms have hardwood flooring. Convenient Location! Seller is related to Agent.

ⓘ 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: $3,167 · $264/mo
• Projected year-2 tax: $3,167 · $264/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 ≥100°F today · 17 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: $17,939
• − Mortgage interest: −$9,797
• − Property taxes: −$3,167
• − Insurance: −$874
• − Repairs & maintenance: −$1,435
• − Management: −$1,435
• − Depreciation: −$5,088
• Taxable loss: −$3,858
• Est. tax savings @ 24.0%: +$926
• After-tax cash flow: $50/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

• County: Franklin County · 1,351,780 people
• City population: 612,189
• Metro: Columbus, OH
• Population (ZIP): 28,187
• Household income: $46,911
• Rent vs Own: 55.7% rent · 44.3% own
• Severe rent burden: 1689.0

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 0.55)
• Race & ethnicity: White 63% Black 22% Two or more races 8% Hispanic / Latino 8%
• Hispanic origin (detail): Mexican 4% Puerto Rican 3%
• Common ancestry: Romanian 4% Italian 1% Slovak 1%
• Foreign-born: 5% · Canada
• Languages at home: 91% English-only · Spanish 5%

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: ▼ -135.33%
• Current HPI: 211.6742
• Rent YoY: ▲ 4.61%
• 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

+149.9% since first listed

7 events — show timeline

• 2026-06-05 Relisted — CBRMLS
• 2026-05-17 Pending — CBRMLS
• 2026-05-01 Listed $174,900 CBRMLS
• 2015-10-29 Sold (Public Records) $55,000 Public Records
• 2015-10-21 Sold (MLS) $55,000 CBRMLS
• 2015-10-06 Pending — CBRMLS
• 2015-09-07 Listed $70,000 CBRMLS

Property tax history

+4.9%/yr

Latest (2024): $3,167 · +0.5% YoY. Source: county tax records.