1934 E Hudson St · Columbus, OH 43211

$89,999

2 bd · 1.0 ba · 672 sqft · SingleFamily public records · 26 Days on market

Built 1941 6,098 sqft lot Est $110k · 18% under

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Why this score? — see what drove the B- 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 +24.6/30.0
• ARV discount +15.0/15.0
• DSCR +7.9/10.0
• 1% rule +6.2/10.0
• Livability +4.0/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Attention Investors & Sweat-Equity Buyers: Incredible Opportunity on E Hudson! Looking for your next profitable flip, a high-yielding rental property, or a highly affordable home to customize and call your own? Look no further! Situated in the heart of the 43211-zip code, 1934 E Hudson St offers an incredible blank canvas with tons of untapped potential. This 2-bedroom, 1-bathroom single-story ranch home is ready for your vision and sweat equity to bring it to its full potential. ✨ Property Highlights:Optimal Layout: A cozy, easy-to-maintain 672 sq ft floor plan featuring a functional 4-room layout that maximizes every square inch. Bonus Square Footage Potential: Includes a full basem

Key facts

• 000+ sq ft lot
• 6
• Full basement

Tags

• FULL BASEMENT
• DETACHED GARAGE
• 6
• 000+ SQ FT LOT
• FUNCTIONAL 4-ROOM LAYOUT

Property features AI

Exterior

• Parking: Shared driveway
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One level; Built in 1941; No shared/common walls
• Construction: Block foundation; Built in 1941
• Exterior features: Block foundation; Lot approximately 0.14 acres

Interior

• Bedrooms: 2 main-level bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Forced-air heating
• Interior features: Full basement; 672 total living area (per listing)

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $186 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $89k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.8% 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.
• Market conditions: Rents rising (+3.4%/yr); 166 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 16d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $622 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

• It's been on market 26 days — a 2% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $24k; list at $90k implies a 275% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1941 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $88,649 (1.5% below list)

Questions for the listing agent

1. Built in 1941 — 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: 1.12% ✓
• Cap rate: 8.77%
• Cash-on-cash: 8.86%
• DSCR: 1.39
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $110,208
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2341 Parkwood Ave	0.18mi	2/1.0	672 (0%)	8mo	$145,000	$216	85
2285 Joyce Ave	0.20mi	2/1.0	672 (0%)	11mo	$80,000	$119	82
2347 Parkwood Ave	0.19mi	2/1.0	686 (+2%)	9mo	$81,000	$118	81
2296 Joyce Ave	0.18mi	2/1.0	686 (+2%)	9mo	$102,500	$149	81
2451 Joyce Ave	0.34mi	2/1.0	686 (+2%)	0mo	$93,000	$136	80
2454 Joyce Ave	0.33mi	2/1.0	672 (0%)	8mo	$110,000	$164	78
1724 E Hudson St	0.31mi	2/1.0	708 (+5%)	8mo	$120,000	$169	70
2042 Briarwood Ave	0.21mi	2/1.0	632 (-6%)	14mo	$85,000	$134	68
2052 Briarwood Ave	0.22mi	2/1.0	600 (-11%)	9mo	$115,000	$192	65
2444 Bancroft St	0.36mi	3/2.0 (+1)	686 (+2%)	7mo	$185,000	$270	64
1542 E 26th Ave	0.64mi	2/1.0	576 (-14%)	12mo	$137,000	$238	36
1507 Arlington Ave	0.73mi	2/1.5	768 (+14%)	8mo	$105,000	$137	33

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: -2.4%
• Equity multiple: 0.91×
• Total profit: $-2,302
• Equity at exit: $13,419

10-year hold

• IRR: 7.7%
• Equity multiple: 1.60×
• Total profit: $15,033
• Equity at exit: $7,781

Cash invested: $25,200 (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 43211

• Home prices YoY: -27.3%
• Rents YoY: 3.4%
• Active inventory: 166
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,012 high
• Mortgage (P&I): −$472
• Tax from tax record: −$104 /mo · $1,250/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$213
• Net cashflow: $186

Break-even live

Break-even rent $777

Max offer price $89,999

Occupancy floor 77%

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2317 Parkwood Ave Columbus, OH	2.0	1.0	672	$995	$1.48	8d	1	0.13mi
2505-2507 Cleveland Ave Unit F Columbus, OH	1.0	1.0	700	$1,100	$1.57	44d	1	0.50mi
1911 Denune Ave Columbus, OH	2.0	1.0	645	$795	$1.23	2d	1	0.54mi
1911 Denune Ave Columbus, OH	2.0	1.0	645	$925	$1.43	44d	1	0.54mi
1572 E Maynard Ave Unit 1580 Columbus, OH	1.0	1.0	441	$950	$2.15	24d	1	0.57mi
1555 Myrtle Ave Columbus, OH	1.0	1.0	455	$600	$1.32	16d	1	0.62mi
1500 E 25th Ave Columbus, OH	2.0	1.0	720	$850	$1.18	44d	1	0.73mi
1500 E 25th Ave Unit 2 Columbus, OH	2.0	1.0	720	$850	$1.18	24d	1	0.73mi
2846 Joyce Ave Apt C Columbus, OH	2.0	1.0	645	$815	$1.26	24d	1	0.83mi
2888 Cleveland Ave Unit F Columbus, OH	1.0	1.0	680	$825	$1.21	11d	1	0.92mi
2888 Cleveland Ave Unit D Columbus, OH	1.0	1.0	680	$825	$1.21	44d	1	0.92mi
1205 E 23rd Ave Columbus, OH	2.0	1.0	688	$1,050	$1.53	8d	1	1.13mi
1171 E 22nd Ave Unit 1171 Columbus, OH	2.0	1.0	750	$1,100	$1.47	17d	1	1.19mi
2206 McGuffey Rd Columbus, OH	1.0	1.0	576	$770	$1.34	8d	1	1.26mi
1046-1048 Republic Ave Columbus, OH	1.0	1.0	672	$875	$1.30	3d	1	1.31mi
1870 Dunbar Dr Apt B4 Columbus, OH	1.0	1.0	700	$850	$1.21	24d	1	1.33mi
3030 Sunbury Ridge Dr Columbus, OH	1.0–2.0	1.0–1.5	1000	$1,719	$1.72	2d	20	1.35mi
2217 Grasmere Ave Columbus, OH	2.0	1.5	720	$1,650	$2.29	15d	1	1.41mi
2236 Atwood Ter Columbus, OH	2.0	1.0	720	$900	$1.25	8d	1	1.49mi

Listing history 16 events

1. 2026-06-18
   days on market $89,999 Active 26 DOM
2. 2026-06-17
   days on market $89,999 Active 25 DOM
3. 2026-06-16
   days on market $89,999 Active 24 DOM
4. 2026-06-15
   days on market $89,999 Active 23 DOM
5. 2026-06-13
   days on market $89,999 Active 21 DOM
6. 2026-06-13
   days on market $89,999 Active 20 DOM
7. 2026-06-09
   days on market $89,999 Active 17 DOM
8. 2026-06-08
   pricedays on market $89,999 Active 16 DOM
9. 2026-06-07
   days on market $99,999 Active 15 DOM
10. 2026-06-05
    days on market $99,999 Active 12 DOM
11. 2026-06-03
    days on market $99,999 Active 11 DOM
12. 2026-06-02
    days on market $99,999 Active 10 DOM
13. 2026-06-01
    days on market $99,999 Active 9 DOM
14. 2026-05-31
    days on market $99,999 Active 8 DOM
15. 2026-05-23
    listed $99,999 Active
16. 1987-07-15
    soldstatus $24,000

ⓘ 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: $1,250 · $104/mo
• Projected year-2 tax: $1,327 · $111/mo
• Expected delta: +$77/yr (+$6/mo · 6.1%)

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

Taxation est. · year 1

• Rental income: $12,148
• − Mortgage interest: −$5,041
• − Property taxes: −$1,250
• − Insurance: −$450
• − Repairs & maintenance: −$972
• − Management: −$972
• − Depreciation: −$2,618
• Taxable income: $845
• Est. tax owed @ 24.0%: −$203
• After-tax cash flow: $2,030/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): 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
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+316.7% since first listed

2 events — show timeline

• 2026-05-23 Listed $99,999 CBRMLS
• 1987-07-15 Sold (Public Records) $24,000 Public Records

Property tax history

+6.6%/yr

Latest (2024): $1,250 · +1.3% YoY. Source: county tax records.