1852 Bar Harbor Rd · Columbus, OH 43219

$153,000

3 bd · 2.0 ba · 960 sqft · SingleFamily public records · 7 Days on market

Built 1968 9,583 sqft lot Est $163k · 6% under

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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 +14.1/30.0
• ARV discount +10.3/15.0
• DSCR +4.3/10.0
• 1% rule +4.0/10.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Great opportunity to own this ranch style home offering 2 bedrooms(originally 3beds), 2 full baths, finished basement and 1 car garage. Could easily be changed back to 3 bedrooms. Full basement offers 2 additional rooms, full bathroom and large area for entertaining. Agents- Please read A2A remarks.

Key facts

• 9,583 sq ft lot
• Garage
• Built 1968

Property features AI

Finance

• Financial info: Property is real estate owned

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer
• Home design: Single family residence; One story; No common walls
• Construction: Built in 1968; Block foundation
• Exterior features: Lot approximately 0.22 acres

Interior

• Bedrooms: 2 main-level bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $153k.

Deal economics

• At list price, monthly cash flow is $23 ($278/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 $138k (9.8% below list).
• Recommended offer: $138k (9.8% below list) — sets the bar for 1% rule.
• Cap rate 6.5% 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 soft (-0.8%/yr); 103 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 32% of the median local income ($52k/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

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 19y 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 $138,024 (9.8% below list)

Questions for the listing agent

1. Built in 1968 — 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. 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: 0.90% ✗
• Cap rate: 6.47%
• Cash-on-cash: 0.65%
• DSCR: 1.03
• GRM: 9.2

CMA / ARV

• ARV (on-the-fly): $163,200
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2526 Queenswood Dr	0.22mi	3/1.0	952 (-1%)	2mo	$188,900	$198	82
2144 Toni St	0.46mi	3/1.0	961 (+0%)	2mo	$172,500	$180	72
2655 Mock Rd	0.37mi	3/1.0	1,008 (+5%)	1mo	$120,000	$119	69
2282 Dawnlight Ave	0.61mi	3/1.0	960 (0%)	3mo	$107,500	$112	65
2228 Holt Ave	0.53mi	2/1.0 (-1)	972 (+1%)	6mo	$165,000	$170	59
1794 Devonshire Rd	0.24mi	4/1.0 (+1)	1,061 (+10%)	5mo	$180,000	$170	58
1893 Jermain Dr	0.52mi	4/1.0 (+1)	995 (+4%)	4mo	$134,000	$135	58
1799 Brentnell Ave	0.32mi	3/1.0	1,077 (+12%)	4mo	$199,900	$186	57
1642 Marina Dr	0.53mi	3/1.0	881 (-8%)	1mo	$155,000	$176	56
2145 Argyle Dr	0.47mi	3/1.0	1,072 (+12%)	1mo	$145,000	$135	54
2310 Brentnell Ave	0.66mi	2/1.0 (-1)	984 (+2%)	3mo	$183,000	$186	54
2224 Marcia Dr	0.61mi	2/1.0 (-1)	884 (-8%)	4mo	$100,500	$114	46

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -18.7%
• Equity multiple: 0.36×
• Total profit: $-27,333
• Equity at exit: $22,813

10-year hold

• IRR: -18.8%
• Equity multiple: 0.13×
• Total profit: $-37,422
• Equity at exit: $13,229

Cash invested: $42,840 (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 43219

• Rents YoY: -0.8%
• Active inventory: 103
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,380 high
• Mortgage (P&I): −$802
• Tax from tax record: −$201 /mo · $2,413/yr
• Insurance: −$64
• HOA: −$0
• Vacancy / Maint / Mgmt: −$290
• Net cashflow: $23

Break-even live

Break-even rent $1,351

Max offer price $153,000

Occupancy floor 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: $38,250
• Closing costs: $4,590
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2504 Vendome Dr Columbus, OH	3.0	1.0	1072	$1,600	$1.49	14d	1	0.34mi
1803 Canopy Ln Columbus, OH	2.0	2.0	980	$1,650	$1.68	21d	1	0.39mi
1879 Jermain Dr Columbus, OH	4.0	1.0	1077	$1,800	$1.67	43d	1	0.52mi
3030 Sunbury Ridge Dr Columbus, OH	1.0–2.0	1.0–1.5	1000	$1,719	$1.72	1d	20	0.70mi
2341 Dawnlight Ave Columbus, OH	3.0	1.0	920	$1,550	$1.68	3d	1	0.71mi
2845 Austin Manor Blvd Columbus, OH	2.0	1.0–2.0	819	$1,420	$1.73	23d	1	0.72mi
1867 Alvason Ave Columbus, OH	3.0	1.0	999	$1,400	$1.40	43d	1	0.84mi
1310 Woodnell Ave Columbus, OH	3.0	1.0	925	$1,300	$1.41	43d	1	0.92mi
2317 Parkwood Ave Columbus, OH	2.0	1.0	672	$995	$1.48	7d	1	0.93mi
2228 Minnesota Ave Columbus, OH	2.0	1.0	1025	$1,245	$1.21	16d	1	0.93mi
2291 Taylor Ave Columbus, OH	3.0	1.0	979	$1,300	$1.33	43d	1	0.95mi
3089 Cassady Village Trl Columbus, OH	2.0	1.0	839	$995	$1.19	43d	1	1.07mi
1609-1611 E 26th Ave Columbus, OH	2.0	1.0	1080	$1,150	$1.06	3d	1	1.20mi
1609-1611 E 26th Ave Columbus, OH	2.0	1.0	1080	$1,200	$1.11	23d	1	1.20mi
2695 Divot Pl Unit 2676 Columbus, OH	3.0	2.0	1050	$1,149	$1.09	43d	1	1.21mi
2707 Woodland Ave Columbus, OH	3.0	1.0	957	$1,400	$1.46	17d	1	1.26mi
2761 Wedge St Columbus, OH	2.0	1.0	765	$970	$1.27	7d	1	1.28mi
2761 Wedge St Columbus, OH	2.0	1.0	765	$995	$1.30	21d	1	1.28mi
1577 Cordell Ave Columbus, OH	2.0	1.0	882	$1,000	$1.13	3d	1	1.31mi
2930 E 13th Ave Columbus, OH	2.0	1.0	672	$1,095	$1.63	23d	1	1.31mi
1500 E 25th Ave Columbus, OH	2.0	1.0	720	$850	$1.18	43d	1	1.36mi
1500 E 25th Ave Unit 2 Columbus, OH	2.0	1.0	720	$850	$1.18	23d	1	1.36mi
1911 Denune Ave Columbus, OH	2.0	1.0	645	$795	$1.23	2d	1	1.36mi
1911 Denune Ave Columbus, OH	2.0	1.0	645	$925	$1.43	43d	1	1.36mi
2718 Fern Ave Columbus, OH	3.0	1.0	1100	$1,640	$1.49	43d	1	1.39mi
2901 Bridgewalk St Unit 2901 Columbus, OH	3.0	1.5	950	$1,295	$1.36	23d	1	1.42mi
2919 Bridgewalk St Unit 2919 Columbus, OH	2.0	1.0	806	$995	$1.23	7d	1	1.43mi
2836-2850 Baughman Ave Unit 2846 Columbus, OH	2.0	1.0	765	$950	$1.24	43d	1	1.46mi
2836-2850 Baughman Ave Unit 2844 Columbus, OH	2.0	1.0	1020	$950	$0.93	16d	1	1.46mi
2844 Baughman Ave Columbus, OH	2.0	1.0	1020	$950	$0.93	16d	1	1.47mi
2846 Baughman Ave Columbus, OH	2.0	1.0	765	$950	$1.24	43d	1	1.47mi

Listing history 7 events

1. 2026-06-18
   days on market $153,000 Active 7 DOM
2. 2026-06-17
   days on market $153,000 Active 6 DOM
3. 2026-06-16
   days on market $153,000 Active 5 DOM
4. 2026-06-15
   days on market $153,000 Active 4 DOM
5. 2026-06-13
   days on market $153,000 Active 2 DOM
6. 2026-06-13
   remarks 300-char remark
7. 2026-06-13
   listed $153,000 Active 1 DOM

ⓘ 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: $2,413 · $201/mo
• Projected year-2 tax: $2,413 · $201/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 3/10 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: $16,563
• − Mortgage interest: −$8,570
• − Property taxes: −$2,413
• − Insurance: −$765
• − Repairs & maintenance: −$1,325
• − Management: −$1,325
• − Depreciation: −$4,451
• Taxable loss: −$2,287
• Est. tax savings @ 24.0%: +$549
• After-tax cash flow: $827/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): 32,338
• Household income: $52,094
• Rent vs Own: 61.8% rent · 38.2% own
• Severe rent burden: 2016.0

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: Majority Black (65%)
• Race & ethnicity: Black 65% White 17% Hispanic / Latino 10% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Swedish 1% Lithuanian 1% Swiss 1%
• Foreign-born: 20% · Canada, India, China
• Languages at home: 76% English-only · Spanish 7% Other Indo-European 3% Chinese 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: ▼ -137.02%
• Current HPI: 172.3872
• Rent YoY: ▼ -0.84%
• 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

+67.8% since first listed

18 events — show timeline

• 2026-06-11 Listed $153,000 CBRMLS
• 2025-04-21 Contingent — CBRMLS
• 2025-04-21 Listing Removed — CBRMLS
• 2025-04-17 Listed $189,900 CBRMLS
• 2023-12-31 Listing Removed — CBRMLS
• 2023-07-08 Relisted — CBRMLS
• 2023-06-23 Contingent — CBRMLS
• 2023-06-06 Relisted — CBRMLS
• 2023-05-09 Pending — CBRMLS
• 2023-03-06 Listed $190,000 CBRMLS
• 2021-11-04 Sold (Public Records) $147,500 Public Records
• 2021-11-02 Sold (MLS) $147,500 CBRMLS
• 2021-08-09 Price Changed $170,000 CBRMLS
• 2021-08-09 Listed $147,500 CBRMLS
• 2007-11-15 Sold (Public Records) $91,200 Public Records
• 2007-11-01 Sold (MLS) $91,200 CBRMLS
• 2007-10-02 Listing Removed — CBRMLS
• 2007-09-13 Listed $91,200 CBRMLS

Property tax history

+4.3%/yr

Latest (2024): $2,413 · +1.3% YoY. Source: county tax records.