1299 Yolanda Dr · Columbus, OH 43207

$100,000

3 bd · 1.0 ba · 938 sqft · SingleFamily public records · 1 Days on market

Built 1960 6,098 sqft lot Est $177k · 44% 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.1/10.0
• 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

Charming ranch-style home featuring 3 bedrooms and 1 full bath within 938 square feet of comfortable living space. Enjoy a fenced backyard—perfect for pets, play, or relaxing outdoors. Convenient single-level living with great potential! Home is being sold as-is.

Key facts

• Single-level living
• Fenced backyard
• 6,098 sq ft lot

Tags

• FENCED BACKYARD
• SINGLE-LEVEL LIVING

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $406 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Cap rate 11.2% 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); 197 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 9d on market — plan ~1-2 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 $691 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.
• At projected returns (-3.0% appreciation + 2.3% rent growth), your $28k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $100,000

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: 1.41% ✓
• Cap rate: 11.17%
• Cash-on-cash: 17.40%
• DSCR: 1.77
• GRM: 5.9

CMA / ARV

• ARV (on-the-fly): $177,282
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1305 Yolanda Dr	0.01mi	3/1.0	938 (0%)	11mo	$173,000	$184	90
2496 Navarre Rd	0.07mi	3/1.0	980 (+4%)	4mo	$192,000	$196	86
2488 Navarre Rd	0.06mi	3/1.0	980 (+4%)	8mo	$175,000	$179	83
1319 Edsel Ct	0.08mi	3/1.0	980 (+4%)	8mo	$185,000	$189	82
1325 Evergreen Rd	0.55mi	3/1.0	936 (-0%)	11mo	$160,000	$171	65
1124 Faber Ave	0.47mi	3/1.5	962 (+3%)	9mo	$145,000	$151	64
1249 Evergreen Rd	0.56mi	3/1.0	1,012 (+8%)	1mo	$120,000	$119	60
2441 Wilson Ave	0.48mi	3/2.0	1,014 (+8%)	3mo	$199,000	$196	58
2963 Fairwood Ave	0.74mi	3/1.0	896 (-4%)	6mo	$180,200	$201	53
1364 Wick Ct	0.60mi	3/1.0	988 (+5%)	13mo	$215,000	$218	53
2626 Nona Rd	0.65mi	3/1.0	896 (-4%)	13mo	$160,500	$179	52
1345 Molly Ln	0.72mi	3/2.0	980 (+4%)	10mo	$241,500	$246	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 · 2.32% rent growth · sell at horizon

5-year hold

• IRR: 8.0%
• Equity multiple: 1.31×
• Total profit: $8,731
• Equity at exit: $14,910

10-year hold

• IRR: 16.7%
• Equity multiple: 2.33×
• Total profit: $37,157
• Equity at exit: $8,646

Cash invested: $28,000 (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: 197
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,406 high
• Mortgage (P&I): −$524
• Tax from tax record: −$139 /mo · $1,662/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $406

Break-even live

Break-even rent $892

Max offer price $100,000

Occupancy floor 66%

Sensitivity live

Price	-10% $463	-5% $434	+0% $406	+5% $378	+10% $349
Rent	-10% $295	-5% $351	+0% $406	+5% $462	+10% $517
Rate	-1.0pp $456	-0.5pp $431	base $406	+0.5pp $380	+1.0pp $354

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1285 Evergreen Rd Columbus, OH	3.0	2.0	888	$1,750	$1.97	20d	1	0.54mi
838 Lock Ave Columbus, OH	3.0	1.0	988	$1,578	$1.60	3d	1	0.63mi
3047 Baker Hill Rd Columbus, OH	3.0	1.0	896	$1,300	$1.45	44d	1	0.89mi
1833 Berkeley Rd Columbus, OH	3.0	1.5	1092	$1,800	$1.65	44d	1	0.94mi
1836 Lockbourne Rd Columbus, OH	2.0–3.0	1.0–1.5	997	$1,059	$1.06	4d	4	0.94mi
1622 Smith Rd Columbus, OH	2.0	1.0	1045	$1,000	$0.96	20d	1	0.97mi
1622 Smith Rd Columbus, OH	2.0	1.0	1045	$1,000	$0.96	4d	1	0.97mi
1503 Southfield Dr S Columbus, OH	3.0	1.0	900	$1,395	$1.55	8d	1	1.02mi
1893-1895 Holburn Ave Unit 2 Columbus, OH	2.0	1.0	945	$1,150	$1.22	4d	1	1.08mi
1584 Southfield Dr S Columbus, OH	3.0	1.0	934	$1,495	$1.60	4d	1	1.13mi
2143 Winslow Dr Columbus, OH	3.0	1.0	575	$1,129	$1.96	3d	11	1.37mi
1843 Parsons Ave Columbus, OH	2.0	1.0	899	$1,331	$1.48	24d	1	1.45mi
1460 Oakwood Ave Columbus, OH	2.0	1.0	901	$900	$1.00	15d	1	1.46mi
1460 Oakwood Ave Columbus, OH	2.0	1.0	901	$900	$1.00	44d	1	1.46mi
257 Benfield Ave Unit NA Columbus, OH	3.0	1.0	1094	$1,400	$1.28	8d	1	1.47mi

Listing history 2 events

1. 2025-10-22
   status Pending
2. 2025-10-20
   listed $100,000 Active

ⓘ 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: $1,662 · $139/mo
• Projected year-2 tax: $1,662 · $139/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 · 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: $16,871
• − Mortgage interest: −$5,602
• − Property taxes: −$1,662
• − Insurance: −$500
• − Repairs & maintenance: −$1,350
• − Management: −$1,350
• − Depreciation: −$2,909
• Taxable income: $3,498
• Est. tax owed @ 24.0%: −$840
• After-tax cash flow: $4,033/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

2 events — show timeline

• 2025-10-22 Pending — CBRMLS
• 2025-10-20 Listed $100,000 CBRMLS

Property tax history

+3.9%/yr

Latest (2024): $1,662 · +1.3% YoY. Source: county tax records.