Real Estate Investing in Columbus, Ohio (43222)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43222 (Columbus, OH)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 24.4% of homes vacant — above national norms.
- Elevated poverty: 48.0% poverty rate — can affect rent collection.
- Lower household income: $22,880 median — tenant affordability is tighter.
What’s happening in Columbus, OH (43222)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43222 Columbus
The 43222 ZIP in Columbus, OH is a local-operator market. Outside capital chasing a $166K entry has to pair deep knowledge with the discount.
The investment case in 43222 is substantial only for operators who understand what they are buying. A $166K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Within OH, ZIP 43222 trails on several market indicators that neighboring Franklin County submarkets outperform. The gap is real and substantial enough to shape underwriting.
Employment concentration in 43222 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 43222 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Columbus:
Property Strategy for 43222
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $133,140 | $1,080 | 5.8% | +10.8% | $66,570 |
| 3BR | $169,358 | $1,290 | 5.5% | +7.5% | $56,453 |
| 4BR | $175,283 | $1,460 | 6.0% | +5.9% | $43,821 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 43222 Compare?
| Metric | 43222 | Columbus | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $165,688 | $168,924 | N/A | $237,530 |
| 5-Year CAGR | 3.7% | 3.5% | N/A | 7.4% |
| Avg Rent | $1,348 | $1,426 | N/A | - |
| Cap Rate | 6.4% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43222 (Columbus, OH). Anonymous, moderated, never written by AI.
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Property managers serving Franklin County
Manage rentals here? List your business →Associa RPM provides comprehensive HOA and condominium management services in the greater Columbus, Dublin, Cincinnati, and Dayton areas of Ohio. summary from their website
Heart & Home Property Management offers services for single-family homes and multi-family properties in Columbus, including rentals and owner support. summary from their website
SBS Property Management provides management, maintenance, inspections, finances, and communications for Condominium and Homeowner Associations across Ohio. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $165,688 |
| Monthly Rent | $1,348 |
| Price-to-Rent | 10.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.8% |
| Cap Rate | 6.4% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +15.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.4%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 43222
Population: 4,182
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 43222
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Hilltonia Middle School
Westwood Preparatory Academy
Grandview Heights High School
Westmoor Middle School
Fort Hayes Career Center
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 9,181 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What price range are homes in Columbus, OH?
Homes in Columbus, OH typically sell near $166K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
How deep is the rental pool in Columbus, OH?
Columbus, OH draws a stable base of working renters. Demand at the $1,348/mo rent level is reasonable for standard single-family and small multi rentals.
How do experienced investors play Columbus, OH?
Columbus, OH investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($166K prices, $1,348/mo rents) make it a reasonable choice.
Is house hacking profitable in Columbus, OH?
For house hackers, Columbus, OH is a challenging. The $1,348/mo rent on a unit helps defray the mortgage on a $166K property.
Is real estate in Columbus, OH a good investment right now?
Investors tracking Columbus, OH will find a 3.0/5 rating supported by $166K median home values and $1,348/mo rents. That profile suits long-term holders targeting steady returns.
You know 43222 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 43222 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 43222 ranks in Columbus, OH
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