Real Estate Investing in Columbus, Ohio (43235)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 43235 (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.
No major risk flags on the data we track.
What’s happening in Columbus, OH (43235)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 43235 Columbus
This part of Franklin County is not an easy win. The 43235 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $1,437/mo on a $347K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 43235 sits below the stated 0.0% once reality is priced in.
Turning to rents, 43235 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.
Employment concentration in 43235 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategy in 43235 is an operator game, not a passive one. In practical terms, entry prices of $347K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Columbus:
Property Strategy for 43235
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $219,294 | $1,690 | 5.5% | +8.4% | $109,647 |
| 3BR | $378,126 | $2,030 | 3.9% | +7.1% | $126,042 |
| 4BR | $501,137 | $2,280 | 3.3% | +7.5% | $125,284 |
| 5BR | $646,017 | — | — | +8.2% | $129,203 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 43235 Compare?
| Metric | 43235 | Columbus | Columbus, OH | Ohio |
|---|---|---|---|---|
| Home Value | $346,985 | $168,924 | N/A | $237,530 |
| 5-Year CAGR | 5.1% | 3.5% | N/A | 7.4% |
| Avg Rent | $1,437 | $1,426 | N/A | - |
| Cap Rate | 3.2% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 43235 (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 | $346,985 |
| Monthly Rent | $1,437 |
| Price-to-Rent | 20.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +3.8% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +2.3% ▲ |
| 5-Year CAGR | +4.1% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.2%). 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 43235
Population: 45,171
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 43235
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Kilbourne Middle School
Perry Middle School
Phoenix Middle School
Colonial Hills Elementary School
Worthingway Middle School
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
Frequently Asked Questions
How much is rent in Columbus, OH?
Rents in Columbus, OH run near $1,437/mo. Compared with median home prices of $347K that produces solid gross yields for typical rentals.
What investment strategy works best in Columbus, OH?
In Columbus, OH the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $347K prices and $1,437/mo rents suits that approach.
Does Columbus, OH favor landlords or tenants?
Columbus, OH operates under OH law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.
Does house hacking make sense in Columbus, OH?
House hacking works a challenging in Columbus, OH. Rents of $1,437/mo against $347K acquisition make the strategy solid for owner-occupants.
How much does a house cost in Columbus, OH?
Homes in Columbus, OH typically sell near $347K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
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How 43235 ranks in Columbus, OH
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