244 N Hague Ave · Columbus, OH 43204

$120,000

3 bd · 1.0 ba · 1,354 sqft · SingleFamily public records · 50 Days on market

Built 1921 5,227 sqft lot $89/sqft · 36% below area Est $187k · 36% 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 +26.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +6.7/10.0
• Livability +4.0/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Just rehabbed! New windows, furnace, kitchen & bath! Newer roof. Hardwood floors throughout. Ceiling fans. Huge oversized garage with loft! Vacant and easy to show.

Key facts

• 5,227 sq ft lot
• Garage
• Built 1921

Property features AI

Exterior

• Parking: Detached 1-car garage with garage door opener
• Utilities: Public water; Public sewer
• Home design: Single family residence; Two levels; Built in 1921; No common walls
• Construction: Block foundation
• Exterior features: Fenced yard

Interior

• Flooring: Wood flooring; Laminate flooring; Vinyl flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air heating; Central air conditioning
• Interior features: Decorative fireplace; Walk-out basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $312 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $116k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.4% 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 fast (+4.5%/yr); 187 active listings in the ZIP; 40 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $830 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.
• At projected returns (-3.0% appreciation + 4.5% rent growth), your $34k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 50 days — a 3% lower offer ($116k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 18y 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 $56k; list at $120k implies a 116% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1921 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $116,400 (3.0% below list)

Questions for the listing agent

1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1921 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.17% ✓
• Cap rate: 9.41%
• Cash-on-cash: 11.14%
• DSCR: 1.50
• GRM: 7.1

CMA / ARV

• ARV (median comp): $187,318
• List price: $120,000
• Delta: -35.94%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
267 N Hague Ave	0.04mi	3/1.5	1,344 (-1%)	1mo	$214,900	$160	94
2741 Ridge Ave	0.03mi	3/2.0	1,354 (0%)	1mo	$241,900	$179	94
200 N Hague Ave	0.07mi	3/1.0	1,440 (+6%)	0mo	$155,000	$108	86
107 Haldy Ave	0.33mi	3/2.0	1,352 (-0%)	1mo	$250,000	$185	79
54 N Burgess Ave	0.41mi	3/1.0	1,357 (+0%)	2mo	$114,000	$84	79
121 N Terrace Ave	0.39mi	3/2.0	1,447 (+7%)	1mo	$230,000	$159	65
261 N Wayne Ave	0.54mi	3/1.5	1,288 (-5%)	1mo	$118,000	$92	64
96 S Powell Ave	0.50mi	3/1.0	1,240 (-8%)	1mo	$155,000	$125	62
46 S Westgate Ave	0.60mi	3/1.5	1,455 (+8%)	0mo	$320,000	$220	57
508 N Harris Ave	0.37mi	3/1.0	1,152 (-15%)	1mo	$145,000	$126	57
75 N Huron Ave	0.40mi	3/1.5	1,528 (+13%)	1mo	$177,500	$116	57
35 S Powell Ave	0.41mi	2/2.0 (-1)	1,152 (-15%)	1mo	$210,000	$182	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 · 4.49% rent growth · sell at horizon

5-year hold

• IRR: 2.0%
• Equity multiple: 1.08×
• Total profit: $2,574
• Equity at exit: $17,892

10-year hold

• IRR: 12.9%
• Equity multiple: 2.10×
• Total profit: $36,909
• Equity at exit: $10,375

Cash invested: $33,600 (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 43204

• Rents YoY: 4.5%
• Active inventory: 187
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,408 high
• Mortgage (P&I): −$629
• Tax from tax record: −$121 /mo · $1,455/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$296
• Net cashflow: $312

Break-even live

Break-even rent $1,013

Max offer price $120,000

Occupancy floor 73%

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2735 Sutton Ave Columbus, OH	3.0	1.0	1099	$1,175	$1.07	3d	1	0.06mi
130 N Roys Ave Columbus, OH	3.0	1.0	1380	$1,595	$1.16	1d	1	0.24mi
2730 Elliott Ave Columbus, OH	3.0	1.0	1332	$1,803	$1.35	43d	1	0.29mi
43-45 N Chase Ave Unit 43 Columbus, OH	3.0	1.0	1200	$1,400	$1.17	10d	1	0.31mi
43 N Chase Ave Columbus, OH	3.0	1.0	1200	$1,400	$1.17	10d	1	0.31mi
87-97 N Burgess Ave Columbus, OH	2.0	1.0	950	$1,250	$1.32	43d	1	0.34mi
87-97 N Burgess Ave Unit 93 Columbus, OH	2.0	1.5	1050	$1,250	$1.19	23d	1	0.34mi
43 N Roys Ave Columbus, OH	3.0	1.5	1332	$1,599	$1.20	23d	1	0.34mi
54 N Ogden Ave Columbus, OH	3.0	1.0	1176	$950	$0.81	1d	1	0.36mi
41-43 N Huron Ave Unit 41 Columbus, OH	3.0	1.0	1176	$1,400	$1.19	7d	1	0.44mi
92 S Hague Ave Columbus, OH	3.0	2.0	1456	$1,400	$0.96	23d	1	0.49mi
80 S Warren Ave Columbus, OH	3.0	1.0	1258	$1,345	$1.07	43d	1	0.50mi
80 S Warren Ave Columbus, OH	3.0	1.0	1258	$1,345	$1.07	3d	1	0.50mi
133 N Eureka Ave Columbus, OH	3.0	1.0	1484	$1,350	$0.91	12d	1	0.50mi
39 Eldon Ave Unit 1 Columbus, OH	3.0	2.0	1043	$1,500	$1.44	23d	1	0.51mi
27-29 N Terrace Ave Unit 29 Columbus, OH	3.0	1.0	1144	$1,260	$1.10	23d	1	0.56mi
29 S Terrace Ave Columbus, OH	3.0	1.0	1144	$1,260	$1.10	23d	1	0.56mi
148 S Powell Ave Unit B Columbus, OH	2.0	1.0	900	$1,000	$1.11	7d	1	0.57mi
148 S Powell Ave Columbus, OH	2.0	1.0	900	$1,050	$1.17	43d	1	0.57mi
179 N Sylvan Ave Unit 179 Columbus, OH	3.0	2.0	1152	$2,000	$1.74	17d	1	0.67mi
174 N Wheatland Ave Columbus, OH	2.0	1.0	917	$1,046	$1.14	2d	3	0.70mi
41 S Oakley Ave Columbus, OH	3.0	1.5	1428	$1,550	$1.09	43d	1	0.73mi
322 S Powell Ave Columbus, OH	2.0	1.0	1100	$950	$0.86	19d	1	0.81mi
364 S Chase Ave Unit B Columbus, OH	2.0	1.0	1010	$975	$0.97	43d	1	0.88mi
252-254 S Wayne Ave Unit 254 Columbus, OH	3.0	1.0	1120	$1,300	$1.16	17d	1	0.91mi
396 S Powell Ave Unit 396 Columbus, OH	2.0	1.0	1022	$925	$0.91	43d	1	0.92mi
406 1/2 S Hague Ave Columbus, OH	2.0	1.0	918	$765	$0.83	43d	1	0.93mi
170 S Highland Ave Columbus, OH	2.0	1.0	950	$895	$0.94	43d	1	0.95mi
2883-2889 Wicklow Rd Columbus, OH	2.0	1.0	1200	$1,099	$0.92	43d	1	0.96mi
329 S Wayne Ave Columbus, OH	3.0	1.0	1120	$1,425	$1.27	2d	1	0.98mi
427 S Ogden Ave Unit 427 Columbus, OH	2.0	1.0	980	$1,350	$1.38	7d	1	0.98mi
475 S Ogden Ave Columbus, OH	2.0	1.0	888	$1,100	$1.24	23d	1	1.05mi
95-97 Whitethorne Ave Columbus, OH	3.0	1.5	1260	$1,375	$1.09	3d	1	1.05mi
95-97 Whitethorne Ave Columbus, OH	3.0	1.5	1260	$1,475	$1.17	19d	1	1.05mi
257 Clarendon Ave Unit 257,259,261,263 Columbus, OH	2.0	1.0	1000	$1,200	$1.20	43d	1	1.09mi
486-488 S Huron Ave Unit 488 Columbus, OH	2.0	1.0	1104	$1,150	$1.04	43d	1	1.10mi
2676 Sullivant Ave Columbus, OH	3.0	1.0	1524	$1,200	$0.79	43d	1	1.11mi
2709-2711 Sullivant Ave Columbus, OH	3.0	2.0	1344	$1,380	$1.03	2d	1	1.14mi
2709-2711 Sullivant Ave Unit 2709 Columbus, OH	3.0	2.0	1344	$1,380	$1.03	2d	1	1.14mi
2545-2547 Sullivant Ave Columbus, OH	3.0	1.0	1064	$1,100	$1.03	10d	1	1.16mi

Listing history 26 events

1. 2026-06-19
   status $120,000 Active 50 DOM
2. 2026-06-18
   days on market $120,000 Contingent 50 DOM
3. 2026-06-17
   days on market $120,000 Contingent 49 DOM
4. 2026-06-16
   days on market $120,000 Contingent 48 DOM
5. 2026-06-15
   days on market $120,000 Contingent 47 DOM
6. 2026-06-13
   days on market $120,000 Contingent 45 DOM
7. 2026-06-13
   statusdays on market $120,000 Contingent 44 DOM
8. 2026-06-09
   days on market $120,000 Active 41 DOM
9. 2026-06-08
   days on market $120,000 Active 40 DOM
10. 2026-06-07
    days on market $120,000 Active 39 DOM
11. 2026-06-05
    days on market $120,000 Active 36 DOM
12. 2026-06-03
    days on market $120,000 Active 35 DOM
13. 2026-06-02
    days on market $120,000 Active 34 DOM
14. 2026-06-01
    days on market $120,000 Active 33 DOM
15. 2026-05-31
    days on market $120,000 Active 32 DOM
16. 2026-05-16
    historical Contingent 431-char remark
17. 2026-04-29
    listed $120,000 Active 431-char remark
18. 2026-04-27
    historical $120,000 431-char remark
19. 2009-08-17
    soldstatus $55,500
20. 2009-08-05
    soldstatus $55,306 170-char remark

    Show marketing remark (170 chars)

    Just rehabbed! New windows, furnace, kitchen & bath! Newer roof. Hardwood floors throughout. Ceiling fans. Huge oversized garage with loft! Vacant and easy to show.

21. 2009-07-02
    historical 170-char remark

    Show marketing remark (170 chars)

    Just rehabbed! New windows, furnace, kitchen & bath! Newer roof. Hardwood floors throughout. Ceiling fans. Huge oversized garage with loft! Vacant and easy to show.

22. 2009-06-17
    listed $59,900 170-char remark

    Show marketing remark (170 chars)

    Just rehabbed! New windows, furnace, kitchen & bath! Newer roof. Hardwood floors throughout. Ceiling fans. Huge oversized garage with loft! Vacant and easy to show.

23. 2009-04-24
    soldstatus $15,000

    Show marketing remark (213 chars)

    Bank foreclosure - not a short sale. SEE AGENT TO AGENT REMARKS FOR SHOWING AND OFFER INSTRUCTIONS. Big two story with huge garage that has alley access. Needs work, plumbing is missing. Easy to see. No utilities.

24. 2009-04-03
    historical

    Show marketing remark (213 chars)

    Bank foreclosure - not a short sale. SEE AGENT TO AGENT REMARKS FOR SHOWING AND OFFER INSTRUCTIONS. Big two story with huge garage that has alley access. Needs work, plumbing is missing. Easy to see. No utilities.

25. 2008-12-23
    listed $15,000

    Show marketing remark (213 chars)

    Bank foreclosure - not a short sale. SEE AGENT TO AGENT REMARKS FOR SHOWING AND OFFER INSTRUCTIONS. Big two story with huge garage that has alley access. Needs work, plumbing is missing. Easy to see. No utilities.

26. 1997-11-07
    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: $1,455 · $121/mo
• Projected year-2 tax: $1,663 · $139/mo
• Expected delta: +$209/yr (+$17/mo · 14.3%)

ⓘ 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 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,900
• − Mortgage interest: −$6,722
• − Property taxes: −$1,455
• − Insurance: −$600
• − Repairs & maintenance: −$1,352
• − Management: −$1,352
• − Depreciation: −$3,491
• Taxable income: $1,928
• Est. tax owed @ 24.0%: −$463
• After-tax cash flow: $3,282/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): 42,962
• Household income: $59,266
• Rent vs Own: 50.5% rent · 49.5% own
• Severe rent burden: 2290.0

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 0.58)
• Race & ethnicity: White 61% Hispanic / Latino 16% Black 13% Two or more races 12% Asian 3%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Lithuanian 1% Slovak 1% Romanian 1%
• Foreign-born: 13% · Canada
• Languages at home: 81% English-only · Spanish 13% Arabic 2% Other Asian/Pacific 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: ▼ -220.67%
• Current HPI: 265.7711
• Rent YoY: ▲ 4.49%
• 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

+400.0% since first listed

14 events — show timeline

• 2026-06-19 Relisted — CBRMLS
• 2026-06-11 Contingent — CBRMLS
• 2026-05-21 Relisted — CBRMLS
• 2026-05-16 Contingent — CBRMLS
• 2026-04-29 Listed $120,000 CBRMLS
• 2026-04-27 Coming Soon $120,000 CBRMLS
• 2009-08-17 Sold (Public Records) $55,500 Public Records
• 2009-08-05 Sold (MLS) $55,306 CBRMLS
• 2009-07-02 Listing Removed — CBRMLS
• 2009-06-17 Listed $59,900 CBRMLS
• 2009-04-24 Sold (MLS) $15,000 CBRMLS
• 2009-04-03 Listing Removed — CBRMLS
• 2008-12-23 Listed $15,000 CBRMLS
• 1997-11-07 Sold (Public Records) $24,000 Public Records

Property tax history

+5.0%/yr

Latest (2024): $1,455 · -22.2% YoY. Source: county tax records.