1368 Moundview Ave · Columbus, OH 43207

$142,000

2 bd · 1.0 ba · 840 sqft · SingleFamily public records · 8 Days on market

Built 1960 7,405 sqft lot Est $169k · 16% 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 +19.7/30.0
• ARV discount +14.7/15.0
• DSCR +6.2/10.0
• 1% rule +5.0/10.0
• 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

IGNORE LIST PRICE! Public Auction. 14 bank owned properties up for auction Sat, 11/09/13 @ 10:00AM at Listing Broker's office: 580 W Schrock Rd. Westerville, OH. $5,000 min bid. As is. No contingencies. Buyer to complete inspections prior to auction. $1,000 non-refundable deposit day of auction. 10% Buyer's premium paid at closing. Buyer pays all closing costs including title insurance & transfer tax. Close by 12/31/13. Seller reserves right to accept offers prior to auction.

Key facts

• 7,405 sq ft lot
• Built 1960
• Listed 8 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $142k.

Deal economics

• At list price, monthly cash flow is $167 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $142k (0.1% below list).
• Recommended offer: $142k (0.1% below list) — sets the bar for 1% rule.
• Cap rate 7.7% 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); 196 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $982 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

• Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 25y 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 $141,880

Questions for the listing agent

1. Built in 1960 — 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: 1.00% ✗
• Cap rate: 7.70%
• Cash-on-cash: 5.03%
• DSCR: 1.22
• GRM: 8.3

CMA / ARV

• ARV (on-the-fly): $168,840
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3217 Fairwood Ave	0.07mi	3/1.0 (+1)	825 (-2%)	8mo	$230,000	$279	82
3072 Bluefield Dr	0.25mi	3/1.0 (+1)	864 (+3%)	5mo	$180,000	$208	74
1382 Southfield Dr S	0.12mi	3/1.0 (+1)	896 (+7%)	6mo	$175,000	$195	74
3115 Houston Dr	0.32mi	3/1.0 (+1)	864 (+3%)	4mo	$106,000	$123	72
3018 Woodway Rd	0.25mi	3/1.0 (+1)	896 (+7%)	1mo	$176,400	$197	72
3067 Huntington Dr	0.35mi	3/1.0 (+1)	864 (+3%)	4mo	$158,000	$183	71
3114 Fairwood Ave	0.14mi	3/1.0 (+1)	932 (+11%)	1mo	$170,000	$182	69
1471 Watkins Rd	0.35mi	3/1.0 (+1)	864 (+3%)	7mo	$165,000	$191	68
2963 Fairwood Ave	0.33mi	3/1.0 (+1)	896 (+7%)	6mo	$180,200	$201	63
3032 Baker Hill Rd	0.34mi	3/1.0 (+1)	938 (+12%)	2mo	$202,900	$216	58
1124 Rumsey Rd	0.74mi	3/1.0 (+1)	864 (+3%)	3mo	$185,000	$214	53
884 Bruckner Rd	0.74mi	3/1.0 (+1)	896 (+7%)	2mo	$192,950	$215	48

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 · 2.32% rent growth · sell at horizon

5-year hold

• IRR: -9.2%
• Equity multiple: 0.66×
• Total profit: $-13,350
• Equity at exit: $21,173

10-year hold

• IRR: -0.7%
• Equity multiple: 0.95×
• Total profit: $-1,834
• Equity at exit: $12,278

Cash invested: $39,760 (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 43207

• Rents YoY: 2.3%
• Active inventory: 196
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,419 high
• Mortgage (P&I): −$745
• Tax from tax record: −$150 /mo · $1,803/yr
• Insurance: −$59
• HOA: −$0
• Vacancy / Maint / Mgmt: −$298
• Net cashflow: $167

Break-even live

Break-even rent $1,208

Max offer price $142,000

Occupancy floor 83%

Sensitivity live

Price	-10% $247	-5% $207	+0% $167	+5% $127	+10% $86
Rent	-10% $55	-5% $111	+0% $167	+5% $223	+10% $279
Rate	-1.0pp $238	-0.5pp $203	base $167	+0.5pp $130	+1.0pp $93

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: $35,500
• Closing costs: $4,260
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1503 Southfield Dr S Columbus, OH	3.0	1.0	900	$1,395	$1.55	8d	1	0.23mi
3047 Baker Hill Rd Columbus, OH	3.0	1.0	896	$1,300	$1.45	44d	1	0.31mi
1584 Southfield Dr S Columbus, OH	3.0	1.0	934	$1,495	$1.60	4d	1	0.35mi
1285 Evergreen Rd Columbus, OH	3.0	2.0	888	$1,750	$1.97	20d	1	0.50mi
1074 Tobi Dr Columbus, OH	3.0	1.0	1066	$1,495	$1.40	44d	1	1.06mi
838 Lock Ave Columbus, OH	3.0	1.0	988	$1,578	$1.60	2d	1	1.27mi

Listing history 20 events

1. 2024-12-02
   status Pending
2. 2024-03-13
   soldstatus $127,000
3. 2024-02-07
   status Pending
4. 2024-01-30
   listed $142,000 Active
5. 2013-11-19
   soldstatus $24,200 486-char remark

   Show marketing remark (486 chars)

   IGNORE LIST PRICE! Public Auction. 14 bank owned properties up for auction Sat, 11/09/13 @ 10:00AM at Listing Broker's office: 580 W Schrock Rd. Westerville, OH. $5,000 min bid. As is. No contingencies. Buyer to complete inspections prior to auction. $1,000 non-refundable deposit day of auction. 10% Buyer's premium paid at closing. Buyer pays all closing costs including title insurance & transfer tax. Close by 12/31/13. Seller reserves right to accept offers prior to auction.

6. 2013-11-09
   historical 486-char remark

   Show marketing remark (486 chars)

   IGNORE LIST PRICE! Public Auction. 14 bank owned properties up for auction Sat, 11/09/13 @ 10:00AM at Listing Broker's office: 580 W Schrock Rd. Westerville, OH. $5,000 min bid. As is. No contingencies. Buyer to complete inspections prior to auction. $1,000 non-refundable deposit day of auction. 10% Buyer's premium paid at closing. Buyer pays all closing costs including title insurance & transfer tax. Close by 12/31/13. Seller reserves right to accept offers prior to auction.

7. 2013-05-10
   listed $5,000 486-char remark

   Show marketing remark (486 chars)

   IGNORE LIST PRICE! Public Auction. 14 bank owned properties up for auction Sat, 11/09/13 @ 10:00AM at Listing Broker's office: 580 W Schrock Rd. Westerville, OH. $5,000 min bid. As is. No contingencies. Buyer to complete inspections prior to auction. $1,000 non-refundable deposit day of auction. 10% Buyer's premium paid at closing. Buyer pays all closing costs including title insurance & transfer tax. Close by 12/31/13. Seller reserves right to accept offers prior to auction.

8. 2007-08-24
   historical
9. 2007-05-31
   listed $68,900
10. 2007-05-25
    soldstatus $27,000
11. 2007-04-19
    historical
12. 2006-12-11
    historical
13. 2006-10-10
    listed $35,000
14. 2006-10-10
    listed $44,900
15. 2002-02-25
    soldstatus $49,900
16. 2002-02-21
    soldstatus $50,000
17. 2002-01-25
    historical
18. 2001-12-13
    listed $54,900
19. 2001-10-18
    historical
20. 2001-07-20
    listed $60,900

ⓘ 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: $1,803 · $150/mo
• Projected year-2 tax: $2,009 · $167/mo
• Expected delta: +$206/yr (+$17/mo · 11.4%)

ⓘ 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 · 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,026
• − Mortgage interest: −$7,954
• − Property taxes: −$1,803
• − Insurance: −$710
• − Repairs & maintenance: −$1,362
• − Management: −$1,362
• − Depreciation: −$4,131
• Taxable loss: −$297
• Est. tax savings @ 24.0%: +$71
• After-tax cash flow: $2,072/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): 47,272
• Household income: $63,310
• Rent vs Own: 41.0% rent · 59.0% own
• Severe rent burden: 1679.0

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 0.57)
• Race & ethnicity: White 59% Black 28% Two or more races 7% Hispanic / Latino 5% Asian 1%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Italian 2% Romanian 2% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 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: ▼ -244.33%
• Current HPI: 268.3028
• Rent YoY: ▲ 2.32%
• 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

+108.5% since first listed

20 events — show timeline

• 2024-12-02 Pending — CBRMLS
• 2024-03-13 Sold (Public Records) $127,000 Public Records
• 2024-02-07 Pending — CBRMLS
• 2024-01-30 Listed $142,000 CBRMLS
• 2013-11-19 Sold (MLS) $24,200 CBRMLS
• 2013-11-09 Listing Removed — CBRMLS
• 2013-05-10 Listed $5,000 CBRMLS
• 2007-08-24 Listing Removed — CBRMLS
• 2007-05-31 Listed $68,900 CBRMLS
• 2007-05-25 Sold (MLS) $27,000 CBRMLS
• 2007-04-19 Listing Removed — CBRMLS
• 2006-12-11 Listing Removed — CBRMLS
• 2006-10-10 Listed $44,900 CBRMLS
• 2006-10-10 Listed $35,000 CBRMLS
• 2002-02-25 Sold (Public Records) $49,900 Public Records
• 2002-02-21 Sold (MLS) $50,000 CBRMLS
• 2002-01-25 Listing Removed — CBRMLS
• 2001-12-13 Listed $54,900 CBRMLS
• 2001-10-18 Listing Removed — CBRMLS
• 2001-07-20 Listed $60,900 CBRMLS

Property tax history

+6.1%/yr

Latest (2024): $1,803 · +1.3% YoY. Source: county tax records.