Franklin County, Columbus, OH 43223

Investor Deal Lift Asking Price: $79,000 Property: 3 BR / 1 BA / 1,066 SF Lot: Approximately 0.28 acres The Opportunity is a 3-bedroom, 1-bath single-family property being offered at $79,000, providing a potentially strong acquisition basis for a Columbus investor. The property is approximately 1,066 SF and sits on a large 0.28-acre lot. The home appears to need renovation, creating an opportunity for an investor to add value through a strategic rehab. More pictures are coming. Comparable Sales Recent nearby sales give us a reasonable indication of the potential finished value: 1728 Laurel Ave — $165,000 | 3 BR / 1 BA / 808 SF | Sold May 2026 1617 Ransburg Ave — $200,000 | 3 BR / 1 BA / 825 SF | Sold April 2026 1366 Brown Rd — $219,900 | 3 BR / 1 BA / 1,131 SF | Sold August 2025 1915 Hopkins Ave — $225,000 | 3 BR / 1 BA / 1,104 SF | Sold October 2025 1712 Little Ave — $156,750 | 3 BR / 1 BA / 958 SF | Sold November 2025 1695 Little Ave — $127,000 | 2 BR / 1.5 BA / 728 SF | Sold July 2026 Conservative ARV target: $160K–$175K Potential upside ARV: $180K+, depending heavily on renovation quality and the home's final condition. Rental Comps Current rental activity in the 43223 area supports approximately $1,300–$1,600/month for comparable 3-bedroom properties, depending on condition, size and amenities. Examples: 3 BR / 1 BA / 1,064 SF — $1,500/mo 2016 Fairmont Ave — 3 BR / 1 BA / 1,303 SF — $1,400/mo 345 Dana Ave — 3 BR / 1 BA / 1,523 SF — $1,600/mo 782 Butler Ave — 3 BR / 1 BA / 1,100 SF — $1,495/mo 254 S Princeton Ave — 3 BR / 1 BA / 1,222 SF — $1,299/mo 2168 Amherst Ave — 3 BR / 1 BA / 914 SF — $1,350/mo For underwriting, I would use $1,400–$1,500/month rather than assuming the very top of the rental range. Rental Investment Scenario At $1,450/month: Gross annual rent: $17,400 At the $79K purchase price: Gross rent yield: approximately 22% Price-to-rent ratio: approximately 4.5x Even after accounting for renovation and normal operating expenses, the acquisition basis provides room for a potentially attractive rental investment. Flip Scenario Assuming: Purchase: $79,000 Estimated rehab: $30,000 Closing/holding/transaction costs: ~$10,000 Estimated all-in: ~$119,000 Potential gross spread: $160K ARV → ~$41K gross spread $170K ARV → ~$51K gross spread $180K ARV → ~$61K gross spread These are gross spreads before financing costs, selling costs, taxes, utilities and other project expenses. 70% Rule Using a conservative $170K ARV: 70% × $170K = $119K maximum all-in basis At a $79K purchase price, that leaves approximately: $40K for rehab + closing/holding costs This provides a reasonable margin if the inspection confirms the major systems are manageable. Investor Takeaway At $79,000, this property is worth pursuing due diligence on. The two primary strategies are: BUY → RENOVATE → RENT & HOLD or BUY → RENOVATE → RESELL The biggest factor is the actual rehab budget. If the property can be renovated for approximately $30K–$40K or less, the acquisition basis becomes particularly attractive. Deal Summary Asking Price: $79,000 Estimated ARV: $160K–$175K Potential Rent: $1,400–$1,500/mo Target Rehab: ~$25K–$40K Estimated All-In: ~$109K–$124K Potential Gross Flip Spread: ~$36K–$61K+ Preliminary Investor Opinion: WORTH DUE DILIGENCE At $79K, there appears to be enough potential margin to justify an inspection, contractor walkthrough and verification of the comps before making an offer.Call or TEXT [contact details hidden]