Real Estate Investing in Columbus, Ohio (43227)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43227 (Columbus, OH)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated poverty: 22.5% poverty rate — can affect rent collection.
What’s happening in Columbus, OH (43227)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43227 Columbus
Investors eyeing 43227 need to respect the fundamentals at play. Home values of $198K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 43227 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Meanwhile, 43227 offers a low basis, the region around Columbus has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 43227 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 43227 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Columbus:
Property Strategy for 43227
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $149,846 | $1,350 | 6.5% | +11.5% | $74,923 |
| 3BR | $194,101 | $1,620 | 6.0% | +9.5% | $64,700 |
| 4BR | $215,680 | $1,820 | 6.1% | +9.2% | $53,920 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 43227 Compare?
| Metric | 43227 | Columbus | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $197,916 | $168,924 | N/A | $237,530 |
| 5-Year CAGR | 6.1% | 3.5% | N/A | 7.4% |
| Avg Rent | $1,457 | $1,426 | N/A | - |
| Cap Rate | 5.7% | 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 43227 (Columbus, OH). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 43227 (Columbus, OH)?
~25 seconds · no account needed · your report is anonymous
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 | $197,916 |
| Monthly Rent | $1,457 |
| Price-to-Rent | 11.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.8% |
| Cap Rate | 5.7% |
| 5-Year IRR | 11.8% |
📈 Home Appreciation
| 1-Year | +0.6% ▲ |
| 3-Year CAGR | +4.1% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +11.2% ▲ |
🏠 Rent Trends
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +5.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 43227
Population: 25,282
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 43227
Schools in This ZIP Code
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 8,216 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are homes affordable in Columbus, OH?
Columbus, OH median home values land near $198K. That is reasonable territory for investors looking at $1,457/mo-per-month rentals.
How landlord-friendly is Columbus, OH?
Landlord-friendliness in Columbus, OH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What investment strategy works best in Columbus, OH?
Most investors in Columbus, OH run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How viable is house hacking in Columbus, OH?
The house hack math a challenging in Columbus, OH. Owner-occupant buyers benefit from the $1,457/mo rents and $198K home values.
What is the investability score for Columbus, OH?
Columbus, OH registers an investability rating of 3.0/5, with median home values near $198K and average rents around $1,457/mo. That combination puts it in the solid tier for investor interest.
You know 43227 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 43227 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 43227 ranks in Columbus, OH
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 43227 (Columbus)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 43227 (Columbus, OH).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.